HOW CAN WE HELP?
ImpacTech supplies large corporates with world-class innovation programs. We do this by providing programs that bring corporates together with small disruptive startups and entrepreneurs who are building innovative and potentially market changing technologies.
We match corporates with top-end entrepreneurs who create game-changing technology for your market
Our corporate innovation programs provide entrepreneurs with finance, mentorship and a dynamic work environment that stimulates creativity and productivity. Our programs are rigorous, rapid and can achieve dramatic commercial results. This is not theatre. The results are real and you can expect:
- New commercial opportunities
- Valuable market insight and learnings
- Access to talent and new technology
- Media exposure
- Improved company-wide understanding of innovation
- Exposure to potential new customers
The startups bring skills in starting with potentially business changing technology to our corporate customers providing real business impact. Your corporate brings skills in scaling businesses and your large customer base to rapidly deliver great outcomes for your customers.
THE PROBLEMS WE SOLVE
Large companies are facing increasing competition from small, agile startup companies who are disrupting markets with innovative products and services. The boards and senior executives of these large companies are becoming increasingly worried about a rapidly emerging cliff, where their product offerings will simply become irrelevant overnight, their own “Kodak Moment”.
While new competitors are emerging all the time, this is a new paradigm where disruptive startups can enter markets with new low cost technology and become the market leader more rapidly than ever before
Why would a company create a competing product to its own business? The answer is simple – survival
HOW WE WORK
1. Collaborate to agree themes
We work with you to develop specific themes that align with your corporate innovation objectives and strategy.
2. Recruit and select entrepreneurs
We recruit a cohort of entrepreneurs at early, startup or scaleup stages who have innovative ideas that align with your specific corporate innovative themes. We work with you to select the best applicants.
3. Validate and test
We run a tailored 4 months corporate accelerator program in which the entrepreneurs are mentored and validate and test their ideas with a goal of bringing it to market.
4. You decide the next step
After the corporate accelerator program, the corporate can choose to integrate the idea in their business, to invest or to take an equity position.