Enterprise Innovation Partners www.innovate-partners.com
AcceleratingInnovation
Companies today are faced with far more opportunities
for innovation than their internal teams can address, far
more customer pain points than can fit on their
development roadmaps, anddemands for incremental,
near-term improvements that crowd outhigh-value, next
generationbreakthroughs.
Enterprise Innovation Partners (www.innovate-partners.com) is pioneering the next generation of
corporate innovation and strategic investment by bringing together established, market-leading
companies with highly relevant ecosystems of entrepreneurs and startups. EIP programs create a
powerful combination of entrepreneurial ideas and energy
with our client's experience and market access. We
adapt the proven approaches of lean start-ups, open
innovation, crowd sourcing and other tools to harness the
talents and initiative of outside innovators, accelerate
established company innovation, and multiply the value of
existing R&D and corporate development efforts.
Proven Options
EIP brings deep experience and a proven approach to
accelerate innovation and to multiply the value of existing
R&D and corporate development efforts:
Start-up Matchingboosts the efficiency of corporate
development by identifying pre-screened early-stage
companies with solutions relevant to a company's
innovation priorities.
Corporate KickStarter leverages knowledge networks
to draw on and rate the best ideas and teams from every
corner of an organization (and beyond) for new energy and
creativity.
Enterprise Accelerator puts them together into a
complete, networked innovation solution.
Scaling Strategic Investing
Strategic investing is a hands-on, labor-intensive process. Internal teams try to stay current on product roadmaps,survey the landscape for opportunities, and then manually review them. The processburnssignificanttime and energy of senior executive teams to meet and evaluate potential partners, is costly, inefficient, and impossible to scale. Manual surveys miss many relevant technologies and team reviews waste time and money or risk poor decisions due to sunk costs.
EIP brings structure, systems, and scalability to Strategic Investment. We focus on desired capabilityto cast a broad net across unexpected sources of ideas. We set up competitions to leverage the enterprise’s knowledge network and allow the best ideas rise to the top. Only then do we engage internal resources on the top 3-5% of participants. We allow the invisible hand of self-selection and crowd filtering to reduce search costs, increase value and build scalability.
Enterprise Innovation Partners www.innovate-partners.com
Enterprise Accelerators
OurEnterprise AcceleratorProgramis designed to focus
on the specific challenges in your industry and drive
innovation at rates that are orders of magnitude faster than
the best-supported R&D teams.
The Accelerator program directs and focuses the skills of a
broad range of technologists, designers, and developers
by identifying customer pain points or focused challenges,
recruiting and organizing teams with potential solutions,
and providing a select group of successful teams with the
assistance and resources they need to build and launch
new products and services that support your company's
strategic objectives and brand.
Innovation, Accelerated
Lean innovation tools, open-source components, and
platform services have streamlined product development to
a point where the critical ingredient in product success is
the ability to access and interact with early adopter
customers. Strategic partners provide customeraccess, as
well as back office support, mentorship, and market
insight.
It’s a powerful combination that our clients use to supercharge their own innovation efforts.
Enterprise Accelerators draw on companies at all stages: startup, seed, and growth, adapting the
support provided and the type of partnership to the needs of the sponsors and participants. This
new model provides the ability to work with a much broader range of companies and increase the
likelihood of near-term success.
Enterprise Accelerators, Corporate KickStarter Campaigns, and other leading-edge innovation
programs designed and operated for you by EIP create breakthrough improvements in the
structure, systems, strategy, and ultimately, the success of your innovation and strategic
investment efforts.
Disrupting Healthcare
Perhaps no industry is changing faster than US Healthcare. AHA, EHR, PCP… If the rate of acronym generation is indicative, we are in the midst of a revolution. The team at EIP was asked to help bring a modicum of order to the chaos when over 1500 young companies registered to partner with an established HealthTech leader. The challenge: selecting the highest potential candidates and defining productive ways to partner with them.
Our solution: leverage HealthTech’s knowledge network to let the best ideas float to the top and offer the winners an accelerator package of support, mentorship, and highly selective customer access for lean product development at very low cost and risk to HealthTech. Value to both sides: Priceless