INNOCORP is a programme by EADA, which is free for companies and sponsored by ACCIÓ with the support of QUANTION, intended to stimulate and facilitate companies’ safe access to technology-based innovation. The programme involves the promotion and development of innovative activities within traditional companies and corporations, by connecting and collaborating with the dynamics of technology startups that can provide them with the applied know-how of new technologies in mutually beneficial activities.
This process of initiation to corporate innovation seeks to select and form the initial core of the innovation unit of the recipient companies in order to develop as an “ambidextrous corporation”. This means that it should meanwhile be capable of exploiting current business to serve its current customers better; while exploring and positioning the bases for developing the future business they will offer to their new customers.
In practice, INNOCORP provides a win-win situation for large companies and entrepreneurs. The young startups provide innovation, while traditional companies help in areas such as market access, contacts with financial markets and establishing commercial inroads for future collaboration after the programme has gained momentum.
The output of the project is the identification of one or more innovative challenges met with their analysis in one or more technology-based startups that can provide solutions to the technological innovation challenges posed. The outcome is the methodology acquired by the team that, once established in the company in the form of an Innovation Unit, can develop new corporate innovation processes that allow them to establish a parallel path of technological innovation.
See all the details of the 2018-2019 edition on the EADA website. If you still have any queries, speak to us or subscribe to ACCIÓ Informa to keep abreast of forthcoming calls.