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Techne Corporate
Innovation 2024

DISCOVER, DESIGN, DEPLOY

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Application Deadline

What’s Techne
Corporate Innovation?

Corporate innovation is a strategic method of sourcing and embracing new ideas that allow a corporation to retain market share over an extended period. The process involves harmoniously merging new, disruptive ideas into existing processes. The model can be based on creating innovation from within or on outsourcing from startups in an open innovation model.

Corporate innovation is crucial for both startups and established companies. Startups benefit from resources, mentorship, and market exposure, helping them grow. At the same time, established companies gain by bringing innovation into their operations, staying adaptable in dynamic markets. This collaboration boosts startup evolution and enhances the competitiveness of established companies, creating a mutually beneficial relationship that drives progress in the business ecosystem.

2024 CYCLE

MARKETING TECH

CHALLENGES

HEALTH TECH

CHALLENGES

SUSTAINABILITY TECH

CHALLENGES

WHO CAN APPLY?

Startups currently in the post-MVP stage with proven solutions in Health Tech, Marketing Tech, Sustainability, or Gaming Tech. Must demonstrate market traction and readiness for corporate collaboration. Open to startups from Europe, Africa, and the Middle East.

WHAT'S IN IT FOR YOU?

  • Access to Corporate Expertise and Resources: Startups gain access to the knowledge, experience, and resources of established corporations. This includes mentorship, scaling guidance, corporate network access, and potential investment opportunities.
  • Market Validation and Pilot Projects: Corporates will provide valuable feedback on startup products and services, helping them refine their offerings and gain early market traction. Corporates also offer pilot projects, allowing startups to test their solutions in real-world scenarios.
  • Exclusive Event Access: Receive business passes to Techne Summit Alexandria 2024 (October 5-8) with access to customized workshops exclusively for program applicants.
  • Post-Program Collaboration and Growth Opportunities: Winning startups will have the opportunity to work closely with corporates on solving identified challenges, driving real-world impact, and scaling their solutions. Successful collaborations can lead to long-term partnerships, joint ventures, or even acquisitions, providing startups with significant growth opportunities.
  • Customer Acquisition and Growth: Corporate innovation programs offer startups access to new customers and markets. By partnering with a corporation, startups can tap into the corporation’s customer base and distribution channels. This can help startups increase their revenue, expand their market share, and accelerate their growth.
  • Increased Access to New Markets: SLinking European startups with corporate innovation programs in Africa can provide these startups with increased access to new markets. African markets present significant opportunities for growth and expansion, as the continent is home to a rapidly growing population and a rising middle class. By partnering with African corporations, European startups can gain valuable insights into local consumer preferences, regulatory environments, and distribution channels, enabling them to tailor their products and services to the specific needs of African markets.
HOW DOES IT WORK?

Discover

Strategically launch phase with deep corporate challenge understanding, creating a tailored innovation program aligned with identifed needs.

Design

Screen, enroll, and collaboratively adapt startups to tailor solutions, providing personalized mentorship for effective customization and redevelopment aligned with corporate challenges.

Deploy

Efficiently conclude the Collaboration Showcase Phase with solution adaptation, dynamic demo day, successful matchmaking, post-event engagement, and effective intermediary support in negotiations.

TIMELINE

  • Open Call
  • Open Call end
  • Scoring By VC analysis
  • Shortlist announcement
  • Voting of The jury members
  • Announcement of the Laureates
  • Spetember 19, 2023
  • November 28, 2023
  • February, 2024
  • April 1, 2024
  • Acceptance of applications
  • Evaluation of applications Based on formal Criteria
  • Mentorship Program for Shortlist

TIMELINE

September 19,2023
Open Call
Acceptance of applications
November 28,2023
Open Call end
Evaluation of applications Based on formal Criteria
Scoring By VC analysis
February,2024
Shortlist announcement
Mentorship Program for Shortlist
Voting of The jury members
April 1,2024
Announcement of the Laureates
12+
CHALLENGES IDENTIFIED
THROUGH CORPORATES
8+
PARTNERS
700+
APPLICANTS
4
SECTORS
/ INDUSTRIES

PAST CLIENTS

  • Participation Year: 2021

  • Sponsored Track: Edtech

  • Number of Presented Challenges: 3

  • Winner: GMind

  • Participation Year: 2021

  • Sponsored Track: Cleantech

  • Number of Presented Challenges: 3

  • Winner: Cropsa

  • Participation Year: 2021

  • Track Focus: HealthTech

  • Number of Presented Challenges: 3

  • Winner: Clinido

  • Participation Year: 2021

  • Track Focus: Healthtech

  • Winners: 4 winners

  • Participation Year: 2021

  • Sponsored Track: Real Estate Tech

  • Number of Presented Challenges: 3

  • Winner: Flash Lead

OUR CHAMPIONS

Sehatech

Sehatech aims to automate medical approvals, claims processing and the billing cycle, saving insurers’ time and expenses while preventing fraudulent parctices.

Cropsa

Cropsa is a groundbreaking integrated paltform for agricultural production.

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