{"id":6981,"date":"2023-04-17T15:49:33","date_gmt":"2023-04-17T19:49:33","guid":{"rendered":"https:\/\/centech.co\/?p=6981"},"modified":"2025-02-04T15:40:04","modified_gmt":"2025-02-04T20:40:04","slug":"startup-for-innovation-of-your-company","status":"publish","type":"post","link":"https:\/\/centech.co\/en\/articles-collision-lab-en\/innovation-ouverte-articles-collision-lab-en\/startup-for-innovation-of-your-company\/","title":{"rendered":"How to identify a startup that really fits your company’s innovation needs?\u00a0"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"","protected":false},"author":5,"featured_media":6278,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[316,124,315,125],"tags":[97,99,155,122,127],"class_list":["post-6981","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles-collision-lab-en","category-collision-lab-articles","category-innovation-ouverte-articles-collision-lab-en","category-open-innovation","tag-centech-en","tag-collision-lab-en","tag-deeptech-en","tag-innovation-ouverte","tag-open-innovation"],"acf":{"flexible_content":[{"acf_fc_layout":"2cols_content","block_titre":{"clone_espacement":["top"],"clone_center":false,"clone_ancre":"","clone_uptitle":"","clone_title":"","clone_subtitle":"","clone_description":"

\"\"<\/span><\/span><\/strong><\/span><\/h2>\r\n

- By Jean-Baptiste Leguet<\/span><\/span><\/strong><\/span><\/h4>\r\n \r\n

<\/h2>\r\n \r\n

Startups offer <\/span>great potential<\/span> for established companies looking to implement an open innovation process and seeking <\/span>new technologies<\/span>.\u202f \u202f<\/span><\/span>\u00a0<\/span><\/strong><\/h3>\r\n \r\n

But with each year bringing a host of new startups, drawing up an exhaustive list with the aim of collaborating with one of them can be tricky. <\/span>What\u2019s<\/span> more, <\/span>it\u2019s<\/span> often difficult to trace the history of a startup\u2014its performance indicators, sales, customers, etc. Even <\/span>determining<\/span> whether the startup still exists can be tough.\u00a0<\/span><\/span>\u00a0<\/span><\/span><\/h4>\r\n \r\n

So how do you find a startup with the best potential for your business? \u202f<\/span><\/span>\u00a0<\/span><\/span><\/b><\/h4>\r\n \r\n\r\nObviously, there are a lot of referencing tools online, such as Crunchbase, CB Insights, <\/span>Tracxn<\/span>, <\/span>PitchBook<\/span> and others. However, their approach is rarely personalized. Startup profiles are often general and <\/span>don\u2019t<\/span> necessarily cover all startups <\/span>in a given<\/span> field.\u00a0<\/span><\/span>\u00a0<\/span><\/span>\r\n\r\n \r\n\r\nThe most effective way to get reliable information during the startup evaluation process is to be part of an innovation ecosystem or to collaborate with an intermediary that has a privileged relationship with startups, such as a startup incubator. \u202f<\/span><\/span>\u00a0<\/span><\/span>\r\n\r\n \r\n\r\nIf <\/span>you\u2019re<\/span> a large company, <\/span>it\u2019s<\/span> also important to <\/span>make contact with<\/span> a startup before your competitors beat you to it. Some startups limit the number of companies they work with, so your best bet is to be the first to <\/span>submit<\/span> a project, based on your ideal conditions. \u202f<\/span><\/span>\u00a0<\/span><\/span>\r\n\r\n \r\n\r\nLarge companies are in turn <\/span>solicited<\/span> by many startups who see in them an excellent opportunity to have a prestigious first client that will accelerate their growth. For large companies, sifting through requests that arrive in different business units and <\/span>aren\u2019t<\/span> centralized can be a challenge. <\/span><\/span><\/span>\r\n\r\n \r\n\r\nThe important thing is to make sure that the startup <\/span>you\u2019re<\/span> considering offers the best potential for your open innovation approach, as Collision Lab partner <\/span>Loto<\/span>-Qu\u00e9bec can attest: \u202f<\/span><\/span>\u00a0<\/span><\/span>","clone_btn_1":"","clone_btn_2":"","afficher_les_angles":false,"couleur_du_bloc":"grey","couleur_du_bloc_before":"black","couleur_du_bloc_after":"black","clone_triangle":false,"clone_triangle_2":true,"color_bg":"black_bg"},"2cols_title_l":"","2cols_content_l":"","2cols_link_l":"","2cols_btn_1":"","2cols_btn_2":"","2cols_title_r":"","2cols_content_r":"","2cols_link_e":"","2cols_btn_3":"","2cols_btn_4":""},{"acf_fc_layout":"contenu_alternatif","block_titre":{"clone_espacement":"","clone_center":false,"clone_ancre":"","clone_uptitle":"","clone_title":"","clone_subtitle":"","clone_description":"

\u201cEmployees <\/span>don\u2019t<\/span> always know how to handle requests from startups, and meetings are often done out of politeness. A startup incubator acts as an expert intermediary who can filter and find startups with high potential<\/span><\/span> and reduce the risks that can <\/span>accompany<\/span> collaboration.\u201d<\/span><\/span><\/h4>\r\n

<\/h4>\r\n \r\n

\u2013 Dany Sirois, Senior Advisor, <\/span>Strategy<\/span> and Innovation at <\/span>Loto<\/span><\/a>-Qu\u00e9bec\u202f<\/span><\/span>\u00a0<\/span><\/strong><\/h4>","clone_btn_1":"","clone_btn_2":"","afficher_les_angles":true,"couleur_du_bloc":"grey","couleur_du_bloc_before":"black","couleur_du_bloc_after":"black","clone_triangle":false,"clone_triangle_2":false,"color_bg":"grey_bg"},"contenu_alternatif_repeater":null},{"acf_fc_layout":"2cols_content","block_titre":{"clone_espacement":["bottom"],"clone_center":false,"clone_ancre":"","clone_uptitle":"","clone_title":"","clone_subtitle":"","clone_description":" \r\n\r\nFor these reasons, a startup incubator is an essential go-between for connecting a startup with a large company. For example, Centech\u2019s Collision Lab team <\/span>assists<\/span> large companies in <\/span>identifying<\/span> and selecting the most promising startups, helping them to <\/span>determine<\/span> the feasibility of a project and to <\/span>initiate<\/span> the required networking as quickly as possible.<\/span><\/span><\/span>","clone_btn_1":"","clone_btn_2":"","afficher_les_angles":false,"couleur_du_bloc":"","couleur_du_bloc_before":"","couleur_du_bloc_after":"","clone_triangle":false,"clone_triangle_2":false,"color_bg":"grey_bg"},"2cols_title_l":"","2cols_content_l":"

Want to learn more on open innovation<\/span><\/span>?<\/span><\/span><\/h4>","2cols_link_l":"","2cols_btn_1":{"title":"Download our white paper ","url":"https:\/\/centech.co\/en\/collision-lab-white-paper\/","target":""},"2cols_btn_2":"","2cols_title_r":"","2cols_content_r":"","2cols_link_e":"","2cols_btn_3":"","2cols_btn_4":""}]},"yoast_head":"\nHow to Identify a Startup for Innovation Needs - Centech<\/title>\n<meta name=\"description\" content=\"Learn at Centech how to find startups that align with your company's innovation needs, ensuring impactful and successful collaborations. 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