Electrolux and Partners Wrap Up Sustainability-Focused Year of Innovation
The Market Screener website reported that after a 12-month process, Electrolux has concluded its first sustainability-focused open innovation program with all five partners delivering feasible business solutions to take forward. The open innovation ‘Booster Program’ was launched in 2018 to find cutting-edge solutions from external players such as start-ups, SMEs and university spin-offs. Electrolux Vice President of Strategy and Innovation David Cronström noted that “When you begin an Open Innovation project, you never know if the collaboration will work out for both partners. So I’m delighted that all five collaborations were very successful and delivered blueprints that prove both technical feasibility and potential business value.”.
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