BEYOND is a unique corporate accelerator where several major companies share the same environment and are coached in working with lean startup methods to find new business models and products. The initiative is a collaboration between RISE (Research Institutes of Sweden) and Ideon Open, the Open Innovation experts at EU|BIC Ideon Science Park. The goal is to help companies develop their business beyond the company's walls and existing business structures. BEYOND started in mid-October and at the start there are teams from three companies on site, one of which is Inwido AB.
"We at Inwido are in the middle of a transformation, where we go from a traditional industry to being part of the digital era with new demands and needs from the end-user. We see how important it is for us to be in the creative environment at Ideon, where we can develop our resources and meet other skills and ideas that can cross-fertilize our team and qualify us for new business", says Johan Ambuhm, VP Business Development and Digital Solutions, Inwido AB.
The accelerator is specifically designed to help companies develop their ideas into sustainable new business models by working on entrepreneurial methods challenging the company's existing structures and business models. After an evaluation of the maturity level of the project, clear goals are set for the team to work towards.
"Many big companies are starting their own accelerators because they realise that they need to develop their existing business models or find brand new ones. The big difference with BEYOND is that we are experienced in lean the startup methodology and know how to run projects involving multiple players through open innovation to achieve brand new results", explains Mats Dunmar, Head Coach for BEYOND, Manager at Ideon Open and EBN Board Member. "The teams are coached by us and RISE, but can also exchange ideas and be inspired by what the teams from other companies are working on", Mats continues.
Companies can place one or more development projects in BEYOND for up to twelve months. The teams sit together at Ideon Science Park in Lund (Sweden), where they get coaching from RISE and Ideon Open. They also get tailor-made efforts for each team and can participate in joint activities and workshops such as IPR Strategy Flyover, Challenge Dojo, Customer Hearing and Tech Wiz Day as well as verifications such as Innovation Due Diligence and Translucent Innovation.
"RISE contributes to BEYOND with a significant part of the joint innovation infrastructure in Sweden, says Erik Ronne, Vice President Innovation at RISE. With more than 2,000 researchers within almost all technical areas, RISE can help the project teams with technical adaptations. With 130 test beds, RISE can test new products and as a leading player in certification, standardization and validation, RISE can help understand the requirements that must be fulfilled to reach out with a product globally. Combining an agile startup environment such as Ideon Open with a wide polytechnic institute offers the best opportunities in BEYOND."
For more information, please contact:
Ideon Open Mats Dunmar, Manager Ideon Open
Phone: +46 735 120 422
RISE Erik Ronne, RISE, Vice President Innovation at RISE Research Institutes of Sweden Phone: +46 10 561 60 50
Ideon Science Park Mia Rolf, VD
Phone: +46 708 110 111
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