Calls for Innovation are our unique way of matching incumbents and startups that will unleash the hungry and innovative world of startups on the challenges of incumbents. We understand that incumbents face specific challenges when it comes to innovation such as legacy systems, large staff, and entrenched routines. We will use our expertise and work with incumbents to design Calls for Innovation that will clearly and concisely outline the problem and allow startups to offer innovative solutions. We will then use our network in the Fintech, Insurtech, and Regtech ecosystems to match startup solutions to the incumbents and promote the rapid development of new solutions using cutting edge technology.
The Call for Innovation begins with an exploration phase where our experts work closely with incumbents to not only identify problems, but to articulate them precisely so that solutions can be found. Following the exploration phase, a detailed description of the problem is made which will identify key skills and technologies that will be required for the Innocall. Once the descriptions is finalised the Innocall will be publicly announced. We will distribute and market the call to our broad network of startups ensuring a large number of qualified applicants. Our expert team will then process and qualify the applications by putting them through our stringent review process to find the best possible candidates.
Once the idea has been selected, Innobridge will host an accelerator programme with the startup in order to upgrade their offering from an idea to a product. Once the product is finalised, Innobridge will oversee the seamless integration of the solution into the incumbents systems. When the project is successfully completed, we hold an evaluation and a review to ensure that both incumbents and startups are happy with the end results.
Incumbent challenges are att the focus of the call.
During the exploration phase, our experts identify the desired innovation by developing a deep understanding of the problem.
Next we create a detailed description of the problem and the necessary solution on a technical, business, and organisational level.
Using our extensive global network of startups, incubators and accelerators, we make sure that the Innocall reaches a significant number of startups.
Our international experts make sure that ideas, startups and the people behind them fulfil our stringent requirements to be able to enter the final stages.
During a period of two to five months, InnoBridge hosts an accelerator program that will elevate ideas to products.
The innovations brought by startups are prepared from to be inplemented and become a valuable part of Partner's organisation.
Our evaluation process ensures that the incumbents are completely satisfied and that our process continually improves.
Our first Innocall will be announced soon.
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