Futurist | Board advisor | Global keynote speaker | Bestselling author | Founder: AHT Group - Informivity - Bondi Innovation | AI Top Voice | Host: Amplifying Cognition podcast | Leader: Humans + AI Explorers Community
The nexus between corporates and startups is vital in driving innovation, as I lay out below. At our 22 August breakfast event we'll explore how to maximise value for both sides in these partnerships. At the Bondi Innovation 'Creating Value in Corporate-Startup Relationships' Innovation Breakfast NAB Ventures founder Todd Forest, Titanium Ventures (formerly Telstra Ventures) Managing Partner Matthew Koertge and former Slingshot CEO Karen Lawson will share insights from $1bn++ in investments and running dozens of corporate startup programs. To pull back to the big picture: Mature corporates need to accelerate innovation yet by their nature are constrained by structure, culture, and incumbency. Startups are resource-constrained, and to grow need not just capital, but also lead customers, connections, knowledge, and credibility. Structures to engage can include Corporate Venture Capital or other investment mechanisms, corporate accelerators, innovation labs, open innovation programs including hackathons, joint IP development, two-way mentorship, ecosystem development, customer introductions, and more. There is no question there can be massive value creation in strong corporate-startup relationships, but the culture gap, often expressed in governance structures, is a key challenge. The breakfast will explore the opportunities, the challenges, and the pathways that have been demonstrated to yield the greatest value. These are critical lessons for the future of Australia's economy. We hope to see you there!
This breakfast looks great for anyone interested in innovation and startups in Australia.
I'll be there Ross Dawson. Obviously I'm curious about these kinds of partnerships, as shapeable scales up.
Hi Ross Dawson when the startups start looking for grants and quotes & tenders as part of growing, they might like to talk to NSW Procurement Specialists & APMP ANZ Chapter to improve their success rates. Bondi Innovation
Sounds like a deep dive into corporate-startup synergy. What specific challenges do you think will be most pressing? Ross Dawson
shame I'll miss this one Ross. C u later in the year!
Great lineup!
Futurist | Board advisor | Global keynote speaker | Bestselling author | Founder: AHT Group - Informivity - Bondi Innovation | AI Top Voice | Host: Amplifying Cognition podcast | Leader: Humans + AI Explorers Community
1moThis is the next super-interesting Bondi Innovation event, hope you can make it!! 🙂 Ben Cooper Dez Blanchfield Andrew Everingham Claire Hatton Ben Naftzger Claire Waring Greta Thomas Iain McDonald Dr Mark van Rijmenam, CSP Paul Wallbank Tim O'Neill Vijay Solanki🦄🚀🏔️ Felipe Jara Kate Abrahams SEAN FIELDS Brendan Yell Scott David Majella Campbell Matthew Burley Sha-mayne Chan Greg Willis ⚗️ Josh Price Troy Latter