We enable enterprise innovation at the speed of startups
Venturetec works with large enterprise and government organisations to develop innovation and corporate venturing strategies, design innovation programs, hackathons and innovation labs, and launch corporate accelerator programs.
Our team are experts in Human-Centered Design, Lean Innovation, Business Model Design, and Agile methodologies, combining global corporate, consulting, and startup experience across a range of industry sectors.
Venturetec brings Lean Startup to the enterprise through our partnership with Moves the Needle, enabling corporates to innovate like startups.
We've worked with some of the world's most innovative companies including:
Venturetec has pioneered a unique approach to integrating innovation portfolios
Venturetec has designed innovation and venturing strategies for enterprises across a range of industries and geographies, enabling them to define and achieve their innovation vision.
Our approach takes an enterprise-wide view of the organisation's innovation portfolio, creating strategic alignment and integration of all innovation horizons and activities (Build, Buy, Partner, Invest and Co-Develop).
Utilising the building blocks of innovation (Values, Behaviours, Climate, Resources, Processes, and Success Metrics), we design strategies that transform an organisation's culture to become more agile, customer-centric, and innovative.
We bring a unique perspective, instilling the mindsets, principles, and practices of startup entrepreneurs and venture capitalists into large enterprises.
Venturetec can perform a diagnostic on your organisation's innovation portfolio, capabilities and culture
Venturetec's Innovation Diagnostic measures the key components of innovation success. The diagnostic focuses on the critical success factors for organisations to be more adaptive, customer-centric and innovative:
- Strategy & Leadership
- Balanced & Integrated Innovation Portfolio
- Enabling Processes, Tools, Methods & Capabilities
- People & Culture
The diagnostic tool has been modularised so that each component can be applied independently, in addition to integrating with each other to form a holistic assessment of the state of innovation across the organisation.
We utilise the data and insights from the diagnostic to develop a set of recommendations for your organisation to develop a balanced innovation portfolio, build innovation capabilities and create a culture of innovation.
Venturetec are experts at operationalising innovation across the enterprise
Through our expertise in Innovation Management, we enable organisations to execute on their innovation strategies and achieve their innovation objectives.
We utilise the Innovation Management Framework to create a central platform to manage:
- Idea Generation
- Innovation Execution Capabilities
- Processes, Tools & Methods
- People & Networks
Innovation Management allows organisations to effectively coordinate their innovation initiatives and leverage resources and capabilities from across the enterprise, resulting in increased transparency, reduced waste, higher employee engagement and greater ROI potential.
We also have deep knowledge in the selection, implementation and management of several idea management systems that enable enterprises to run innovation challenges and manage idea pipelines.
Enterprise lean innovation
Venturetec has partnered with Moves the Needle to bring Lean Startup methodologies to the enterprise
MTN was founded by Brant Cooper, the NY Times Bestselling Author of The Lean Entrepreneur, and Aaron Eden, the co-founder of Intuit’s Innovation Catalyst program.
We've amassed a global team of entrepreneurs and corporate innovators, who have launched transformation journeys at dozens of organisations, and empowered thousands of innovators to discover and create new value.
Together, we combine the principles, tools and methods of Agile, Human-Centered Design, Lean Startup, and Rapid Experimentation.
Our Lean Innovation Bootcamps are a proven and scalable method to educate, enable and empower corporates to innovate at the speed of startups.
Venturetec has developed a startup accelerator program for corporates
After being involved with 100+ startups worldwide, as investors, advisors and most importantly, as founders, Venturetec has designed a startup accelerator program for corporates wanting to co-innovate with startups.
With more startups disrupting the market, corporations are building incubators and accelerators for early identification of innovative technologies, making early investments in potential future acquisitions and diversifying their innovation portfolio.
Using our successful ‘Accelerator Building Blocks’ framework, we provide a customised accelerator program for corporates, which includes:
- Designing a customised theme-based accelerator program
- Building the accelerator (including internal capability and mentor development)
- Operating the accelerator including generating deal flow, evaluation and selection of startups, and running the program
- Transfer of the accelerator ad a long-term capability for the corporate to embed as part of its innovation portfolio
Corporate VENTURE CAPITAL
Venturetec has expertise in developing venturing strategies to establish corporate funds within corporates
Leveraging our expertise in corporate innovation, startup incubation and venture capital, we assist enterprises to establish and optimise their own corporate venture capital capabilities.
We advise CVC units on the following:
- Defining the corporate venturing strategy and key investment themes
- Designing investment decision frameworks (Incubate, Integrate, Invest, Acquire or Divest)
- Getting the right people on board for a successful CVC team
- CVC fund resourcing strategies and performance management frameworks
- Generating deal flow and building partnerships across the startup and venture capital ecosystems
- Startup evaluation, selection, and negotiating deal structures and term sheets
We also provide Venture Scouting services; leveraging our strong presence across the Asia Pacific region to identify high potential, strategic startup investments and acquisition targets.
We guide your CVC unit in making the right equity investments to access opportunities with the highest growth in adjacent or new markets and create potential M&A pipelines through early investing.