VEX is a new social platform for collaborative innovation. We are people-based supported by technology to provide a seamless online & offline environment that acts as a catalyst for collaborative innovation.

1. INTRO DECK
AN INTRODUCTION TO VEX
A Catalyst for Collaborative Innovation
© 2014 VEX Ventures Limited. All rights reserved.

2. INTRO DECK
© 2014 VEX Ventures Limited. All rights reserved.

3. INTRO DECK
Why collaborate for innovation?
• Innovation is fundamental to ensuring every
organisation’s future viability
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• Few innovation challenges are unique to a single
organisation
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• Collaborative innovation can reduce costs &
risks for participants whilst accelerating the
search, selection & implementation process
© 2014 VEX Ventures Limited. All rights reserved.

4. Collaborative
Our Vision Innovation Networks
To see the economy led by a new generation of responsible
businesses that succeed through the collaborative creation of
enduring value for society and the environment.
© 2013 VEX Ventures Limited. All rights reserved.

5. Our Mission
To be an world class catalyst for the collaborative exploring,
testing and scaling of innovative solutions to pressing business
issues.

6. INTRO DECK
Our Value Proposition
VEX delivers an effective process of collaborative
innovation that:
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builds networks of business partners, subject matter experts,
academics, NGOs and entrepreneurs
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focuses on innovation challenges to meet the strategic aims of its
partners
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facilitates an holistic approach to innovation
facilitates collaborative ideation, testing and scaling
provides a secure, neutral platform with comprehensive IP protection
exposes partners to potential disruptive innovation
© 2014 VEX Ventures Limited. All rights reserved.

7. INTRO DECK
How do we do it?
Through a simple yet robust StageGate framework
facilitated by the VEX team
StageGate
0
1
Identify
challenges
VEX
Business
Partners
Open
Innovation on/offline
© 2014 VEX Ventures Limited. All rights reserved.
2
Explore
solutions
VEX
Community on/offline
3
Test new
ideas
Resources
4
Develop
business
case
Scale the
innovation
VEX
Advisory
Exit

8. INTRO DECK
The VEX Community
© 2014 VEX Ventures Limited. All rights reserved.

9. INTRO DECK
VEX Business Partners
VEX Business Partners form the bedrock of the
VEX Community. Progressive, innovative
organisations with a shared belief that great ideas
flow from collaborating with others outside their
own walls.
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VEX Business Partners are critical to setting the
innovation agenda at VEX. As members of our Advisory
Board, you will plan and agree an annual programme of
activity for the VEX Community by identifying real and
pressing business challenges that you share with other
Business Partners.
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The VEX Process is then leveraged to generate new
ideas that can be tested and evaluated collaboratively.
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At VEX, we keep an open-minded view of innovation we don’t predetermine an innovation challenge as
being product or process orientated - preferring to
focus on clearly framing a problem, then bringing
together the smartest collection of people we can to
collaborate on solutions.
© 2014 VEX Ventures Limited. All rights reserved.

10. INTRO DECK
VEX Associates
VEX Associates are the glue of the VEX
Community. Progressive, innovative and
independent specialists with a shared belief that
great ideas flow from collaborating with others
outside their own discipline and with
organisations at the coalface.
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VEX Associates are critical to building and developing
the VEX Community. They play a key role in helping
VEX Business Partners to generate ideas, test and
evaluate new solutions to identified business
challenges.
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You will bring fresh insight, perspectives, expertise and
energy to the collaborative innovation process as an
entrepreneur, small business owner, inventor, subject
matter expert or business advisor.
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VEX keeps an open mind on innovation - we focus on
clearly framing a problem and then bringing together
the smartest collection of people we can to collaborate
on solutions.
© 2014 VEX Ventures Limited. All rights reserved.

11. INTRO DECK
VEX Fellows
VEX Fellows form the backbone of the VEX
Community. Progressive, innovative and thinkers
with a shared belief that great ideas flow from
collaborating with others outside their own
discipline and with organisations at the coalface.
!
VEX Fellows are key to setting the agenda at VEX. They
play a key role in helping VEX Business Partners to
plan and agree an annual programme of activity for the
VEX Community.
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Becoming a VEX Fellow is by nomination or invitation
only and selection is rigorously based upon
distinguished expertise or service in areas of relevance
to the VEX Community.
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Over time the VEX Fellowship will build into a high-level
and exclusive social network of leading innovators
across business, government, civil society and
academia. It will be supported through a variety of
online and offline tools to strengthen the bonds
between its Fellows.
© 2014 VEX Ventures Limited. All rights reserved.

12. INTRO DECK
The benefits?
• Employee engagement - an energising experience
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• Improved idea generation through open innovation
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• Reduced risks & costs of testing / evaluating ideas
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• Accelerated speed to implementation
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• Improved organisational performance &
competitiveness
© 2014 VEX Ventures Limited. All rights reserved.

13. INTRO DECK
The VEX Advantage
VEX provides the following:
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A combined 50+ years of experience in collaborative innovation
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An extensive community of advisors, subject matter experts, academics
and entrepreneurs to collaborate with
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VEX is based in the Innovation Centre at the heart of University of Exeter
campus, with close links to the Business School
Deep experience of entrepreneurship, innovation management and
complex stakeholder communications
© 2014 VEX Ventures Limited. All rights reserved.

14. VEX VENTURES LIMITED
Innovation Centre
Rennes Drive
Exeter
EX4 4RN
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T +44(0)845 527 7220
E mail@vexventures.com
Twitter @VEXVentures
Web http://www.vexventures.com
© 2014 VEX Ventures Limited. All rights reserved.