A Question of Innovation… Corporations may recognize that they could use a good dose of innovation, and some seek startups as a shortcut to creative thinking. They may become enamored by a startup’s product, service, or even social focus. However, they must understand that an investment in time and money needs a more solid justification. […]
Apply Best Practices, Launch Startups Better Running a business incubator or accelerator is not easy, and those in charge of organizing program activities work tirelessly to help entire cohorts of startups set up their companies, establish their brand identities, and then launch themselves with a solid business plan and processes. Startups in turn, depend on […]
Knowledge- The Best Quest There is a humorous quote by Warren Buffet, “Only when the tide goes out, do you discover who’s been swimming naked.” This quote probably gives you a hilarious mental image, but “The Oracle of Omaha” was talking about the importance of measuring yourself and your company. With his colorful expression, he was […]
What is benchmarking? Benchmarking is a comprehensive process that is used by the top performing business incubators and accelerators in the world. The data that UBI Global collects is invaluable to both new programs just getting started and to well-established, institutional programs that want to remain abreast of the latest paths to success. Benchmarking means comparing one’s processes […]
Working with startups is exciting, but it can also be difficult to keep up with a fledgling company, who can turn on a dime and remain nimble in their processes. The service portfolio you construct is a careful balance of providing value to your startup clients and managing your internal resources. With this in mind, […]
Businesses who want to innovate need to open themselves to new ideas beyond their current reach. Unfortunately, many corporations today have fortress-like structures, with rigid styles. These corporate standards are for a good reason; to weather the storm of competition in the marketplace while keeping their brand top-of-mind. However, as far as innovation goes, such […]
With an aim to compete with the delivery of traditional financial institutions, products and services, the exciting business sector known as FinTech (or fintech) caught our eye recently when we were compiling data for the Case Studies 2018 report. Some of the top business incubators and accelerators in the world were experiencing explosive growth in […]
Business incubation is growing rapidly, as you have witnessed yourself if you’ve read Case Studies 2018 recently published by UBI Global. Once primarily dependent on university or public funding, business incubators and accelerators are becoming more and more attractive to the corporate world. What is the attraction for big business? Innovative new programs like pre-accelerators, […]
It is always fascinating to see our members’ different routes to success; however, among the strategies to address the challenges and opportunities in different innovation ecosystems, we were able to identify a few patterns that, due to their frequency and efficiency, deserve a closer look. We are confident that the knowledge gained from the experiences […]
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