External startup accelerator.
A 3-months program designed to identify startups relevant to your business, and to accelerate their growth.
Stepping into the startup ecosystem.
An external startup accelerator is a structured acceleration program, initiated by a large corporate, where external startup teams are invited to co-develop their business concepts with the support and coaching provided by the accelerator.
Different from an internal accelerator, where the corporate accelerates internal projects of its own employees, an external accelerator aims to collaborate with external sources of innovation (open innovation, startups, entrepreneurs, …).
The benefit of this approach? An external accelerator gives your organization the opportunity to reach out to fresh talent who is trying to disrupt your own business: it’s the best way to find the leaders of tomorrow for your evolving organization.
“We are often challenged by bridging brilliant research ideas and technology to marketable ideas and viable business opportunities. Board of Innovation has given us hands-on tools enabling to rapidly reduce risk to monetize on products and services someone really wants.”
Ulrika Cattermole, Project Manager Lund University
Outcomes of our external startup accelerator.
Access the startup ecosystem
Open a door towards the innovation ecosystem. Think of network-building, public relations and, branding purposes.
GET Inspiration for incremental innovation
Connect to startups with innovative offerings relating to the corporate’s core – H1 innovations.
Build the network for H2 innovation
Build a network of external capabilities to explore new offerings – H2 innovations.
3 possible formats of external startups accelerators.
Choose from three types of external accelerators: physical, virtual or open. We help set up both physical and virtual external startup accelerators, depending on the specificities of the organization. Our acceleration programs usually have a duration of 3 months. When needed, we tailor them for different durations.
A physical location (e.g. in a coworking space, a floor in the corporate office or even a dedicated accelerator space) where the external accelerator and its startups are housed. This is the classic approach, as it creates a physical hub, where startups and the program leads are housed. It is more suitable for earlier stage startups, that don’t usually have an own office quite yet.
A virtual accelerator is where the acceleration program is run without a dedicated location. This is more often used for later-stage startups, as they often already have office space. We helped set up the Orange Fab BeLux.
Trusted by Fortune500 and global innovators.
Board of Innovation makes Fortune500 corporations innovate like startups, mixing proven methods from design thinking and lean startup.
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External startup accelerator.
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