What will we accomplish together?
At LVG Hub, we help organizations harness the power of open innovation. We connect established global tech startups with forward-thinking corporate partners, making it easier for companies to embrace innovation. Whether you’re a startup-friendly or global corporation, we provide access to startups from over 100 countries in various fields. Let’s work together to drive innovation and collaboration.
Here are the top five benefits that LVG HUB can offer to corporate organizations:
- Efficient Innovation Pathways
- Working Together for Growth
- Learning from Different Industries
- Intrapreneurship Support
- Corporate Venturing Opportunities
Streamlined Innovation Processes
LVG HUB offers a well-defined and easy-to-follow Partnership Acceleration Process, ensuring corporate partners can efficiently navigate innovation collaborations with later-stage startups. This structured approach accelerates the development and implementation of innovative ideas, reducing the time to market.
Collaborative Growth Initiatives
The LVG Program presents a diverse range of collaboration opportunities, including Proofs of Concept (PoCs), pilot projects, Pre-PoCs, R&D collaborations, and commercial partnerships. These opportunities foster collaborative innovation, enabling corporations to grow and diversify their offerings.
Cross-Industry Insights
LVG HUB facilitates cross-industry and cross-sector knowledge transfer, allowing corporate partners to glean valuable insights from various industry and sector leaders. This exchange of knowledge broadens perspectives and informs strategic decision-making.
Intrapreneurship Support
LVG HUB offers robust support for corporate intrapreneurship through programs like the Kickstart Intrapreneurship Program. This support empowers corporate teams to ideate, validate, test, and scale products or services in real-world scenarios. It accelerates internal innovation and attracts top entrepreneurial talent, positioning the organization as a magnet for innovative minds.
Corporate Venturing Opportunities
Participation in LVG Fund provides corporations with strategic investment opportunities in startups and access to innovative solutions. This diversifies their investment portfolio, mitigates risks associated with early-stage investments, and keeps them at the forefront of emerging industry trends.
Our Programs:
Embrace Innovation, New business ideas, New revenue streams, Corporate Venturing
Hackathons
DURATION: 2-3 DAYS
Hackathons are dynamic open innovation models that bring together groups of 100 or more individuals, all driven by a common goal – collectively tackling a challenge of their choice.
These immersive programs typically span one to three days, preceded by a preparatory phase of up to three months. Throughout these events, innovative startup teams showcase their visionary ideas to corporate partners to foster collaborative partnerships to pilot groundbreaking new products. Each participating team channels their creativity and expertise into crafting practical solutions for the challenge statements presented by corporate partners.
Luxury Challenges
DURATION: 3-5 WEEKS
Collaboratively develop and evaluate solutions for predefined projects known as “Challenges.”
We work with you to identify challenges aligned with your industry’s global strategic priorities. The Challenge fosters partnerships between startups and corporate partners, offering opportunities such as proof of concept development, participation in a global accelerator, or access to a worldwide partner network.
In summary, the Luxury Challenge is a 3-week open innovation program, with up to 4 months of preparation, where startups pitch to corporate sponsors and partners, creating the potential for exciting product collaborations.
Luxury Accelerators
DURATION: 4-12 MONTHS
Empower your organization’s journey towards innovation, sustainability and creativity by accelerating partnerships with established startups.
To tap into talents, ideas, and prototypes for cutting-edge innovation during the Luxury Accelerator Program.
A minimum 4-month open innovation program, with up to 4 months of preparation, aiming to support entrepreneurs in growing and scaling their businesses via partners’ global network.
