Corporate Accelerator Programmes - the good, the bad and the ugly
by Startacus Admin
The 'Whitespace Ventures Corporate Innovation Club' has published its first report, compiling insights and ideas from leading voices in corporate innovation.
Titled The Good, the Bad and the Ugly of Corporate Accelerator Programmes, the report brings together key themes from the latest bi-monthly gathering of the Whitespace Ventures Corporate Innovation Club members. The Club is formed of a community of over 40 international and global corporate brands, with representatives convening bi-monthly to learn form each other – with regard to both successes and failures – while digesting the insights of specially invited expert guests.
The September 28th meeting discussed important questions; why implement a corporate Accelerator programme? How do start-ups see corporate 
Accelerators? How should a corporate deliver an accelerator beneficial for both start-ups and its own interests? Additionally, the meeting resulted in practical insights into making a corporate Accelerator productive and sustainable. Meanwhile, the disconnect between start-ups and corporations was explored during the gathering.
“Corporations run Accelerator programmes for three main reasons; brand storytelling, IP incubation or to spark different thinking. To get the most out of an Accelerator programme the corporation needs to have well-defined give/gets and needs to be transparent with this upfront,” underlines Andrew Webber, the Chair of the Whitespace Ventures Corporate Innovation Club.
Whitespace Ventures is focused on helping high growth technology startups build a strong and repeatable business as quickly as possible. They aim to do this by learning from startups and Corporates that they have closely partnered with, combined with the experience of the Whitespace founders.
Startupbootcamp Chief Content Officer and an invited speaker at the meeting, Misha de Sterke, was very impressed by the quality and the outcomes of the dialogue which took place during the meeting. “C-suite executives have a different mindset. They are risk averse and they expect predictable returns. That’s logical when you’re running day to day business. In Corporate Accelerator programmes the goal is to search for new business models in which traditional accounting metrics are irrelevant. The best approach here is to craft workable metrics to record impact and result.”
The Club then convened again on the 23rd of November and the main focus of this meeting was the topic of 'Internal Innovation in Corporations'. We look forward to finding out what key themes were discussed and explored.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Innovative startups are currently being sought by BMW Group Financial Services UK which has just launched the third instalment of its Innovation Lab
Starting a business can be a lot of hard work, so here's a few ways to avoid burnout and find a healthy work life balance.
At one-day event Ideation NI Thon, students will get the chance to solve global and local sustainability, environmental, city and health problems.
NI startup ESTHER, a peer-2-peer giving platform allowing charitable donors to give money directly to people living in poverty, head to New York for a 4-day fact finding mission.
The lowdown on how an Australian startup generated global sales for their innovative product, "weighted blankets"...
At 82% the UK takes 4th place in the list of countries being most ready for automation and robotics, whilst 30% of UK population’s jobs are at risk of automation.
The innovative game, eQuoo that helps users build their emotional fitness and thereby help fight their mental illness
The London-based femtech startup that is using AI and genetic testing to provide a tailored oral contraception service for women
Recent research by Starling bank shows that in 2019, women earned up to £12,319 less per year than their male colleagues of the same age and within the same industry
Brandtech group, You & Mr Jones, has invested in ethical video startup Good-Loop who have closed a US $1.6m seed funding round.
Published on: 29th November 2017
.png)
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Ideation NI Thon at NI Science Festival sets out to solve global issues 17th Jan 2020 At one-day event Ideation NI Thon, students will get the chance to solve global and local sustainability, environmental, city and health problems.
- NI startup ESTHER takes flight to New York 16th Jan 2020 NI startup ESTHER, a peer-2-peer giving platform allowing charitable donors to give money directly to people living in poverty, head to New York for a 4-day fact finding mission.
- 2019 stats show that the gender pay gap continues 14th Jan 2020 Recent research by Starling bank shows that in 2019, women earned up to £12,319 less per year than their male colleagues of the same age and within the same industry
- Digital DNA Awards 2020 nominations now open 13th Jan 2020 The Digital DNA Awards, held in partnership with MCS Group, celebrate the best tech talent, from companies of all sizes, excelling in the world of Digital and Tech and not just in NI...
