Section » In Practice
JK Tech Sets Up a $ 100,000 Grant for Startups
The Title Press website reported that Digital and IT services firm JK Tech has established a $ 100,000 grant for startups focused on hyper-automation in healthcare / medtech, insurtech, and manufacturing, as well as retail AI / ML. The company said it intends to connect with more startups through an open innovation program of the tech startup incubator
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Mitsubishi Electric, Global Brain Launch “ME Innovation Fund”
Business Wire reported that -Mitsubishi Electric Corporation and Global Brain Corporation have launched the ME Innovation Fund, a corporate venture capital fund targeting new businesses creation through open innovation that will invest in and partner with startups across the world. The fund will operate
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Tech Beach and Visa Partner to Aid Bahamian and Regional Startups
The Eyewitness News website reported that Tech Beach has formed a partnership with Visa that will allow startups and fintech companies in The Bahamas, and other islands throughout the region, to benefit from easier access to the financial systems, scalability, reliability and security insights Visa
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Three Startups Win First-Ever Colgate Connect Challenge
Business Wire reported that Colgate-Palmolive announced the winners of the Colgate Connect Challenge, its first-ever global pitch competition aimed at startups from around the world focused on developing world-changing products to promote healthy futures. The challenge sought to connect Colgate with
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IESE Expands Its Open Innovation Activity
The WFMZ website reported that IESE Business School –supported by Amazon Web Services, Nestlé, MediaMarkt, Fnac, Kapita, and more– is expanding its global activity in open innovation and corporate venturing. According to a recent IESE article in Harvard Business Review: although the collaboration
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2021 Corporate Startup Stars Awards
The Trade Arabia website reported that for the sixth year running, startups have nominated the corporates they believed to be most active in terms of open innovation for the prestigious annual Corporate Startup Stars Awards. “When adopting an open innovation model, companies don’t look to generate
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A Study of Specific Open Innovation Issues from Perspectives of Open Source and Resources
The MPDI website posted a study which noted that it is difficult for enterprises to adapt to the rapidly developing market demand and increasingly intense competition by relying only on internal resources to carry out innovation activities. We identify three new issues for the Cross-Functional Consortium
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Adio and Plug and Play Reveal List of Founding Partners for Innovation Platform
The National News website reported that global tech accelerator Plug and Play Abu Dhabi and the Abu Dhabi Investment Office has finalized the list of founding partners for a new platform designed to boost innovation in the industrial sector and attract high-caliber tech start-ups to the emirate. The
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Pfizer, AXA and Xiaomi named Corporate Startup Stars 2021
The International Chamber of Commerce website reported that for the sixth year running, startups were asked to nominate for the prestigious annual Corporate Startup Stars Award companies they believed to be most active in open innovation. Pfizer won first place followed by AXA and Xiaomi. French Secretary
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These Mexican FinTech and EdTech startups got Wayra Hispan to Invest in Them
The Entreprenuer website reported that the open innovation hub and corporate fund of Telefónica Movistar México, Wayra Hispam, invested in two promising Mexican startups of FinTech and EdTech. Savvy investors have repeatedly pointed out that startups focused on the FinTec and EdTech sectors have every
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