Guide teams from initial idea to investment. Our hands-on, remote first approach is designed to support teams to develop customer-centric solutions with sustainable business models at start-up speed.
What is an innovation accelerator?
An accelerator is a program to develop, test, and grow new business ideas in a sandbox environment. Internal teams are guided through a structured and timeboxed process from problem exploration to investment pitch by one of the serial entrepreneurs that make up our team.
We’ve organized hundreds of accelerators and no two are alike. Our experts tailor each program for our clients depending on their organizational needs and ambitions. Are you looking for something remote or in-person? Do you want to accelerate existing products or create something transformative? Do you have teams ready to go or are do you need some advice in setting u? We’re here to help!
The Accelerator Journey
SCOPE THE CHALLENGE AND SET UP THE TEAM FOR SUCCESS
- Define a clear business challenge
- Size the market opportunity
- Set-up a multi-disciplenary team
- Allign on investment criteria with internal stakeholders
EXPLORE AND VALIDATE THE PROBLEM AND EMPATHIZE WITH THE CUSTOMER
- Define segments & personas
- Map current state customer journey
- Design a stakeholder & ecosystem map
- Validate problem hypotheses
DEVELOP AND VALIDATE DIFFERENT SOLUTIONS AND PROTOTYPES
- Explore existing solutions
- Ideate different approaches
- Map future state customer journey
- Prototype and test selected concepts with customers
DEFINE AND TEST A SUSTAINABLE BUSINESS MODEL
- Map different business models and revenue streams
- Develop a ball-park business case
- Validate key viability hypotheses with customers
DESIGN A COMPELLING STORYLINE AND INVESTMENT PITCH
- Decide on strategy to scale
- Synthesise all learnings in a compelling storyline
- Present to key internal stakeholders for investement
What to expect from an innovation accelerator?
Accelerate or kill key strategic projects based on measured desirability, viability, and feasibility metrics.
Discover behavioral drivers of your current customer market and new areas of growth.
Build the foundational capabilities to run end-to-end innovation projects.
A comprehensive toolkit
Remote first digital collaboration tools
We work with clients and teams all around the world and have extensive experience at faciliating virtual accelerators on a variety of tools and platforms.
Trusted by Fortune 500 and global innovators.
Board of Innovation makes Fortune 500 companies innovate like startups, mixing proven methods from design thinking and lean startup strategies.