{"id":8330,"date":"2023-09-06T08:28:06","date_gmt":"2023-09-06T12:28:06","guid":{"rendered":"https:\/\/centech.co\/?p=8330"},"modified":"2024-10-17T10:19:27","modified_gmt":"2024-10-17T14:19:27","slug":"how-do-you-evaluate-a-startup-to-collaborate-with","status":"publish","type":"post","link":"https:\/\/centech.co\/en\/articles-collision-lab-en\/innovation-ouverte-articles-collision-lab-en\/how-do-you-evaluate-a-startup-to-collaborate-with\/","title":{"rendered":"How do you evaluate a startup to collaborate with?"},"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":[97,99,127],"class_list":["post-8330","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-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

<\/h4>\r\n

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

You're<\/span> a large company and <\/span>you've<\/span> identified<\/span> a startup that offers a solution that interests you. <\/span>You\u2019d<\/span> like to evaluate this startup, but you <\/span>don't<\/span> know how. \u202f<\/span><\/span>\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/h2>\r\n \r\n

Generally speaking, the<\/span> tools and evaluation criteria that large companies use are not suited to startups, which <\/span>don't<\/span> have a long enough <\/span>track record<\/span> in business. So other methods must be used in this case. \u202f<\/span><\/span>\u00a0<\/span><\/span><\/span><\/h4>","clone_btn_1":"","clone_btn_2":"","afficher_les_angles":true,"couleur_du_bloc":"white","couleur_du_bloc_before":"white","couleur_du_bloc_after":"white","clone_triangle":false,"clone_triangle_2":false,"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":"white_board_cols","block_titre":{"clone_espacement":"","clone_center":true,"clone_ancre":"","clone_uptitle":"","clone_title":"","clone_subtitle":"","clone_description":"

Here are a few ways to evaluate a startup: \u202f<\/span><\/span>\u00a0<\/span><\/strong><\/p>","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"},"title_before":"","wysiwyg_before":"","white_bg_repeater":[{"white_bg_repeater_item":[{"white_bg_repeater_item_title":"","white_bg_repeater_item":"Determine<\/span> how mature the startup is and what type of solution <\/span>it\u2019s<\/span> offering<\/span><\/span>\u00a0<\/span>"},{"white_bg_repeater_item_title":"","white_bg_repeater_item":"Request<\/span> a prototype <\/span>demonstration<\/span> <\/span>\u202f<\/span><\/span>\u00a0<\/span>"},{"white_bg_repeater_item_title":"","white_bg_repeater_item":"Talk to the <\/span>startup's<\/span> incubator<\/span> <\/span>\u202f<\/span><\/span>\u00a0<\/span>"}]},{"white_bg_repeater_item":[{"white_bg_repeater_item_title":"","white_bg_repeater_item":"Evaluate the startup\u2019s tests of its <\/span>solution<\/span><\/span>\u00a0<\/span>"},{"white_bg_repeater_item_title":"","white_bg_repeater_item":"Ask for customer reviews or other <\/span>references<\/span> \u202f<\/span><\/span>\u00a0<\/span>"}]},{"white_bg_repeater_item":[{"white_bg_repeater_item_title":"","white_bg_repeater_item":"Evaluate the financial information available about the <\/span>startup<\/span><\/span>\u00a0<\/span>"},{"white_bg_repeater_item_title":"","white_bg_repeater_item":"Compare the startup against its direct and indirect <\/span>competitors<\/span> \u202f<\/span><\/span>\u00a0<\/span>"}]}],"title_after":"","wysiwyg_after":"","bouton_1":"","bouton_2":""},{"acf_fc_layout":"contenu_alternatif","block_titre":{"clone_espacement":"","clone_center":false,"clone_ancre":"","clone_uptitle":"","clone_title":"","clone_subtitle":"","clone_description":" \r\n

Unfortunately, large companies <\/span>don't always have the in-house skills<\/span><\/b> needed to evaluate a startup operating outside their fields of expertise (in fields that often present opportunities for innovation). For example, if your organization has no expertise in artificial intelligence, how can you determine how far along a particular solution is, or whether a startup's team has the skills to complete the project? Faced with such a situation, many companies call on external resources. \u202f<\/span>\u00a0<\/span><\/p>\r\n\u00a0<\/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":"black_bg"},"contenu_alternatif_repeater":null},{"acf_fc_layout":"content_icone","block_titre":{"clone_espacement":"","clone_center":false,"clone_ancre":"","clone_uptitle":"","clone_title":"","clone_subtitle":"","clone_description":" \r\n\r\n \r\n

Large companies often overlook two other essential considerations as well: \u202f<\/span><\/span>\u00a0<\/span><\/span><\/span><\/h4>","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"},"contenu_alternatif_repeater":[{"contenu_alternatif_repeater_icone":8291,"contenu_alternatif_repeater_subtitle":"The work the proposed startup still has to complete: \u202f ","contenu_alternatif_repeater_content":" \r\n

It's<\/span> important to consider the advances made and to be as precise as possible about the work that <\/span>remains<\/span> to be done, as innovation brings its share of <\/span>uncertainty<\/span> and it can be difficult to estimate how long it will take to complete work that has never been done before. <\/span>That's<\/span> why <\/span>it's<\/span> advisable to collaborate with a resource that can conduct a serious assessment of the work that has already been done and the startup's ability to complete the project. \u202f<\/span><\/span>\u00a0<\/span><\/span><\/span><\/p>"},{"contenu_alternatif_repeater_icone":8293,"contenu_alternatif_repeater_subtitle":"Those who will be using the technology the startup is developing: \u202f","contenu_alternatif_repeater_content":" \r\n\r\nThe <\/span>initial<\/span> users of solutions developed by startups are often technology enthusiasts, typically R&D engineers. However, to ensure that the solution meets the needs of the product's users, <\/span>it's<\/span> important to check whether <\/span><\/span>the technology can be adapted to their needs within the allotted time<\/span><\/span><\/strong>.<\/strong> Strangely enough, corporate innovation programs often underestimate this issue of achieving a technological solution that meets users' needs. \u202f<\/span><\/span>\u00a0<\/span><\/span><\/span>"}]},{"acf_fc_layout":"contenu_alternatif","block_titre":{"clone_espacement":"","clone_center":false,"clone_ancre":"","clone_uptitle":"","clone_title":"","clone_subtitle":"","clone_description":" \r\n\r\n \r\n\r\nIn short, the above considerations can be evaluated by an external resource. For example, a <\/span>Deeptech<\/span> startup incubator with an open innovation program can <\/span>provide<\/span> an accurate<\/span> assessment of a startup's potential. At your end, the first step is to assess how the technology would fit into your innovation strategy and whether it will meet users\u2019 needs. <\/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":"black_bg"},"contenu_alternatif_repeater":null},{"acf_fc_layout":"2cols_content","block_titre":{"clone_espacement":"","clone_center":true,"clone_ancre":"","clone_uptitle":"","clone_title":"","clone_subtitle":"","clone_description":"","clone_btn_1":"","clone_btn_2":"","afficher_les_angles":false,"couleur_du_bloc":"white","couleur_du_bloc_before":"white","couleur_du_bloc_after":"white","clone_triangle":false,"clone_triangle_2":false,"color_bg":"grey_bg"},"2cols_title_l":"","2cols_content_l":"

Want to find out more about open innovation? \u202f<\/span><\/span>\u00a0<\/span><\/h3>","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":""},{"acf_fc_layout":"2cols_content","block_titre":{"clone_espacement":["bottom"],"clone_center":true,"clone_ancre":"","clone_uptitle":"","clone_title":"Read our previous articles","clone_subtitle":"","clone_description":"","clone_btn_1":"","clone_btn_2":"","afficher_les_angles":true,"couleur_du_bloc":"white","couleur_du_bloc_before":"white","couleur_du_bloc_after":"white","clone_triangle":false,"clone_triangle_2":false,"color_bg":"black_bg"},"2cols_title_l":"","2cols_content_l":"Startup databases: Understanding them to better use them<\/a>\r\n\r\n \r\n\r\nHow to identify a startup that really fits your company's innovation needs?<\/a>\r\n\r\n \r\n\r\nInnovation within large companies: from technology watch to technology scouting<\/a>\r\n\r\n ","2cols_link_l":"","2cols_btn_1":"","2cols_btn_2":"","2cols_title_r":"","2cols_content_r":"What are the benefits of a collaboration between a large company and a startup?<\/a>\r\n\r\n \r\n\r\nThe right degree of openness<\/a>\r\n\r\n \r\n\r\n10 key points for a successful innovation project with a startup<\/a>","2cols_link_e":"","2cols_btn_3":"","2cols_btn_4":""}]},"yoast_head":"\nHow do you evaluate a startup to collaborate with? - Centech<\/title>\n<meta name=\"description\" content=\"Explore strategies for big corporations to evaluate startups for collaborations. 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