6. Principles of aEntrepreneurialecosystem1. Entrepreneurs must lead the startup community2. The leaders must have a long-term commitment3. The start up community must be inclusive of anyone who wants to participate in it4. The startup community must have continual activities that engage the entire entrepreneurial stack
7. How we aresetting thoseprinciples intowork.
8. Phase 1:Building anentrepreneurial hub
9. Stripped building 3 month set up!Private fund validation of need!Core team validation of interest!Strong Backers validation of ideas?FIRST STEP:MVP accelerator
10. shape build launchMONTH 1 MONTH 2 MONTH 3
11. philosophy whatwe believe in Be more innovative. Stop wasting peoples time. Be more successful. eric ries the lean startup movement
12. philosophy MVP Minimum set of features Learn from early adopters Avoid building a product nobody wants Learn from testing eric ries the lean startup movement
13. philosophy whatwe believe in
14. From 70 applications we chose 3 startups for our accelerator
15. First cycle:Theyworked very hard!
16. Second step: Turnthat stripped buildingin to a entrepreneurialHUB
17. THE SPACE HUB EVENTSCAMPUS COFFEELABS
18. A space where people, technology,materials, philosophies and ideas mix,collide and collaborate to produceground breaking innovations
19. Center of Antwerp / 2000 sqm /Workshops/ Speaker Series / NetworkingEvents / Building prototypes / Breakoutoffice / Private meetings
23. Third Step: expandingcommunity- BlendingCompanies and Startups atidealabs
24. Stodgy. Slow. Bureaucratic.Big companies get a bad rapwhen it comes to innovation.
25. Big companies are applying startupstrategies and tools to jump-startinnovation. It’s not about pontificatingon the innovation process. It’s aboutbeing lean, focused, and maniacally
26. FIRST STEPSIntuit organizes multi-day“lean start-ins” that gather“intrapreneurs” togetherfrom across the companyto teach them how to applyrapid experimentation tocreate new products,services, and businessmodels.Kimberly-Clark promotes one-day “expert accelerationsessions” that bring hand-picked outside “thoughtleaders” face to face withbusiness teams to bust mentalmodels and create game-changing strategies.Whirlpool uses a network of innovationmentors (also called i-mentors), who areloaded with innovation tools andguidance to help business teamsfocused on challenging market“orthodoxies.”
27. BIG STEPSBBC Worldwide officially launched Volkswagen Group of AmericaBBC Worldwide Labs. The initiative is Electronics Research Laboratoryaimed at supporting the creative and (ERL) has teamed up withPlugdigital industries in the UK by and Play to accelerate andoffering them insight and expertise collaborate with startups tointo the industry. transfer technology from many industries into the automotive domain.Pepsi Co wants to get in on theground level with companies thatcould become the next Twitter via itsDigital Labs program.
28. Big companies that behave like small startupsfocus on two things:First, they Second, they giveaccelerate the internal businessesspeed of and teams aninnovation, outside-injust like a perspective, similarSilicon Valley to the type ofincubator. reality-checking that comes from advisory boards or venture capitalists.
29. LBi improves collaborationwith clients after HyperIsland experience
30. General Assembly partnerswith General Electric
31. We are blendingcompanies andstartups at idealabs1. Business model 3. ‘Lean Startup’innovation classes: methodology applied tochallenge the status-quo corportations. Shape,and identify the business build, launch approachand revenue models of workshop:the future •Incubation of2. Classes for intrapreneurs/intrapreneurs: rapid corporate venturingexperimentationtechniques to create new •Corporate innovationproducts, services and labsbusiness models.
32. Last Step: Experimentingourselves, and opening a miniProduct Lab
33. Product Lab: offer people theopportunity to do some rapidprototyping right behind thecoffeebar
34. Thanks for listening!Got any questions?www.idealabs.be@idealabs_beNicolas Verellennicolas.firstname.lastname@example.org