Open innovation program

We design, develop and operate Open Innovation Programs that transform business challenges into opportunities.

Open innovation program

We design, develop and operate Open Innovation Programs that transform business challenges into opportunities.

+500 thousand USD

invested in
open innovation.

+32

challenges
events

+500

startups
enrolled.

+30

accelerated startups

+500 thousand USD

invested in
open innovation.

+32

challenges
corporations.

+500

startups
registered

+30

startups
accelerated.

Large companies have accelerated with us

Portfolio of services

Roadmap of an open innovation program

  • Alignment of the open innovation vehicle with the corporate strategy.

  • Identification of innovation opportunities and challenges for the company.

  • Definition of the profile and maturation of startups. Call stage.

  • Corporate Mentor Training Program.

  • Business Acceleration.

  • Demo Day.

  • Startup and corporate negotiation.

Roadmap of an open innovation program

  • Alignment of the open innovation vehicle with the corporate strategy.

  • Identification of innovation opportunities and challenges for the company.

  • Definition of the profile and maturation of startups. Call stage.

  • Corporate Mentor Training Program.

  • Business Acceleration.

  • Demo Day.

  • Startup and corporate negotiation.

Stages of each program

Duration: approximately 9 months.

  • Setup and planning: 6 to 8 weeks.

    During this stage, Open defines and prioritizes the corporate challenges. Based on this information, the challenges to be addressed are established, the profiles of the desired startups are outlined, and the terms and conditions of the program are structured. A landing page is also developed and communication materials are prepared.

  • Scouting and selection: 12 to 16 weeks.

    In this phase, the call, scouting and selection are carried out. To do this, the applicants are evaluated with three selection filters. After the Pitch Day, the corporation decides which solution/startup to move forward with.

  • Pilot and experimentation: 12 to 16 weeks.

    Review and refinement of the pilot plan and the level of readiness of the solution between the entrepreneurial team and the corporate team. Implementation/deployment of the pilot. Mentoring, technical direction and project management (permanent). Budget and performance management (measurement and adjustments of the pilot)

Results: up to 4 weeks.

  • The business case is built and the Demo Day is organized to present the results of the project, along with lessons learned from the program.

Impacts that companies have when undertaking an Open Innovation program

Promotes a culture of innovation by doing using action-oriented "elite teams."

Exponentially accelerates the growth of "novel" projects trapped in traditional structures.

In addition, several challenges can be addressed simultaneously, leveraging the capabilities of third parties.

It allows the development of the entrepreneurship and innovation ecosystem of both the company and the region.

It is a process that makes it easier to add capabilities, access more ideas, and obtain different points of view.

It makes the company more attractive for new generations.

Impacts that companies have when undertaking an Open Innovation program

Promote a culture of innovation by doing using action-oriented “elite teams.”

Exponentially accelerates the growth of “novel” projects trapped in traditional structures.

It allows several challenges to be addressed simultaneously, leveraging the capabilities of third parties.

It allows the development of the entrepreneurship and innovation ecosystem of both the company and the region.

It is a process that makes it easier to add capabilities, access more ideas, and obtain different points of view.

It makes the company more attractive for new generations.

Stages of each program

Year Company Program General objective of the project Accelerated Startups Challenges Submissions Countries

2022

Bogotá Energy Group

Venture Client GEB

Corporate Entrepreneurship Program

Select startups to carry out 3 pilots with GEB subsidiaries

Guan
New
Superlikers
Uptime Analytics

9
54

Colombia, Portugal, Ecuador, Mexico, Peru, Singapore, Canada, Türkiye, Czech Republic, Argentina

Tetra pack

Statups accelerator by Tetrapak

Select 4 startups / ventures from the food sector – potential Tetra Pak clients to work on strengthening their business and financial model

Biorefinery SAS
Pristina
Global
Meals SAS BIC
Sabu

1
42

Colombia

2023

Success Group

Success Group Accelerator

Select up to 3 ventures to co-create solutions to challenges of interest to Grupo Éxito

My Package
wakypet
Missouri

7
92

Colombia, Spain, United States, Israel and Mexico

Ceninsa RH

Venture Client By Ceninsa

Select 3 projects to solve Coninsa's challenges

Mablec
Fasil

3
31

Colombia and the United States

Nourishes

Open Imagix
(Venture Client)

Select 1 startup for acceleration pilot

Techogi

5
27

Colombia, Chile, and Peru

ISA

Venture Client ISA

Select startups to carry out 3 pilots with Grupo ISA

Keraunos

6
41

Argentina, Brazil, Colombia, Chile, Guatemala, Panama, Canada and the United States.
Spain, Slovakia, Portugal, Switzerland and Türkiye.

2024

Ecopetrol

Econova Challenges (Venture Client)

Select up to 3 ventures to co-create solutions in areas of interest to Ecopetrol

Decimetrix
Bath
Octopus

3
51

Colombia, Argentina, Brazil, Spain, Estonia, Norway, Poland and Portugal.

Cenicaña

Open Innovation Bee Open (Venture Client)

Select startups to carry out 3 pilots with Cenicaña

Techde
Wseeds

6
23

Colombia, Argentina, Brazil, Spain, Peru and Venezuela

Manuelita

Manuelita Innova (Venture Client)

Select Startups to carry out 3 pilots with Manuelita

Gate
Agropack Group
Quadminds

5
54

Colombia, Argentina, Brazil, Chile, Mexico and Peru

Contact us and let's start together

Let's find the market niche for your company or idea

Complete the form and let us
we will communicate with you

Contact us and
let's start together

Let's find the market niche that best suits your company

Complete the form and let us
we will communicate with you