It is hard to think of a better time to be a bank, insurance company or other corporation who wants to work with startups. Over the past years, companies specializing in organizing hackathons, incubators, accelerators or any other kind of startup related programs and services have sprung up like mushrooms. And that’s why regardless if it is the first time an organization is embarking on the journey to work with startups or already have well-established systems and processes, they can easily find whatever help they need.
At the same time, there are so many players that finding the partner (or partners) for your organization and your specific goals is definitely not the easiest task. And that is why we created this guide to help you find the right partner for you.
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We talk with a lot of interesting people every day (definitely one of the best perks of the job!). We learn every day from these smart people and their experiences and thought why not share all that with you. Cue our new monthly webinar series.
The first six episodes focus on collaboration and specifically piloting. In each episode we have two guests from startups and one from banks, insurance companies or other corporations, who talk about the different parts of the collaboration journey from the first contact to life after the pilot.
While we are waiting for the next episode (live on the 5th of September), I thought I would gather together some of the learnings from the series. I have to emphasize the word ’some’ as it is impossible to fit everything into one post, and I highly recommend checking out the series here for all of the learnings.
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We have done 26 programs so far, but still, each new program makes us as excited as if it was the first one. And the same thing happened again with our latest program: startup accelerator with OTP Bank.
Now it has already been a month since the Demo Day and the end of the program itself. While the collaboration still continues, it’s a good time to look back and reflect on what happened.
Three months of collaboration, innovation & results
Last summer when we started designing this accelerator, we mapped our partner’s OTP Bank’s needs with them – like we do with every collaboration program, be it for a bootcamp, a three-month accelerator, or continuous startup-innovation support. Read more »
Last week it was finally time to get the accelerator started at OTP Bank! We have worked hard with OTP Bank to prepare for it, and we couldn’t wait. We were looking forward to rolling up our sleeves and getting to work with the startups and their counterparts at OTP Bank. Based on the selection period, we had high expectations, and lucky for us, so far it seems like we weren’t wrong!
The first week was a whirlwind of introductions and clarification
On day one we got to know the startups better, and they got to know us better. But even more importantly: the got to know their collaboration partner OTP Bank better. The startups met with their business champion (who will Read more »
The startup event of the year, Slush, was last week and that meant it was also time for our official Slush side event: Corporate Venture Capital.
Together with Helsinki Business Hub, Mawsonia and Global Corporate Venturing we got together the brightest of the CVCs from all over the world. And thanks to the great speakers and our amazing attendees we got an interesting peek into what’s in the minds of the CVC professionals all over the world.
Corporate Venture Capital is here to stay
Corporate venture capital has been on the rise. But lately, some have started questioning whether it’s just a boom that is going to die soon. Read more »