Space3ac, an equity-free acceleration programme, has just released a report about the sentiment that corporations have for cooperating with startups called “Corporate venturing in times of crisis”.
This report is based on the results of the survey covering the state of collaboration between corporations and startups. Combining both perspectives allowed to provide a complete picture of the corporate venturing scene, including the voice of small technology companies.
Key data from the report
- For 62% of corporates, the most popular form of corporate venturing is participating in startup events and conferences.
- Areas such as AI & Machine Learning (67%), Big Data (59%), Internet of things, Industry 4.0 (44%) are the most interesting strategic fields to European corporations
- 48% of corporations are more optimistic about working with startups than they were a year ago
- The main 3 reasons for corporate venturing are trends, efficiency, and investments
“The insight comes from more than 85 corporates and nearly 100 startups. We invited very interesting people to contribute to our report. Among the experts, you can find Dan Toma, Lukas Strnitse and Frank Mattes. We also engaged large corporations, startups from around the world, scientists, and advisers to participate in the survey. Thanks to this, we have gained different perspectives on the current market situation”, said Wojciech Drewczyński, CEO Space3ac, and Head of Acceleration at Black Pearls VC.
Main topics in the report
- Manifesto – “Corporate venturing in times of crisis”
- The most popular forms of corporate venturing
- The level of optimism regarding cooperation with startups
- The biggest barriers to an effective collaboration with corporations
- Trending strategic fields
- Corporate challenges of collaborating with startups
- Startups’ level of satisfaction due to cooperation with corporates
- Tips from corporations & startups on how to collaborate successfully
- Insights from 10 amazing experts (book authors, corporates, startups, innovation leaders, advisors, etc.)
“This report clearly indicates that there’s a growing awareness among corporate entities of capabilities that startups can bring to them. That is why it is important to search right now for promising startups, who develop their technologies or services and identify potential corporate partners. This is the goal for the Space3ac Poland Prize program, which in 2021 conducts two recruitment campaigns”, added Krzysztof Kanawka, co-founder and scouting manager at Space3ac.
Download the free report and learn more about how corporations feel about cooperation with startups. Alternatively, if you run a startup and would like to start a collaboration with corporations, apply to the Space3ac Poland Prize II. The recruitment for the first batch ends 17th of August 2021. Invest in Pomerania is the main partner of the report.