Open Innovation Program
Discover innovation in unexpected spaces within your startup ecosystem and adopt it as an inspiration source or to ignite a wonderful friendship with the next promising startup
In a nutshell
Our Open Innovation program is more than just gathering up possibilities of shiny startups.
We adopt your viewpoint to understand your areas of interest and how they serve your growth.
Our ecosystem includes hundreds of organizations, startups, incubators, and accelerators with whom we’re constantly connected. For every program, we offer scouting services through our advanced research department. We prepare innovation kits for any startup / interesting case study (disruptive business model / significant technology and more) which brings ready to adopt concepts for your innovation and even creating a series of effective collaborative sessions with the startup.
The Open Innovation program timeframe is around 2-4 months.
For every startup or case study, we’ll create a visual kit using advanced canvases in order to illustrate what could possibly create value (technology / market / channels and more)
modelZ’s intelligence team continuously scans the startup ecosystem in Israel and abroad using contact management systems and database to create a new basis for potential collaborations
Point of View
Together, we’ll map out the interest areas and boundaries where your open innovation and strategy will meet. We call these innovation themes
valuable startup sessions
We’ll design a number of meetings for you with relevant startups, the goal of which are to specific success/failure metrics in the context of value and creating MVP for feasibility experimentation (PoC)
Reassembling your business model, incorporating relevant components from the startup ecosystem
How does it work?
Exploring Value-Accelerating Partnerships
1. Defining innovation themes
In conjunction with your innovation team and other teams (strategy / marketing) we’ll define targeted areas of interest for scanning and ascertain that they are in line with organizational / business impact
2. Proof of feasibility
ModelZ develops a “sandbox” in which they continually identify startups for collaboration or PoC (proof of feasibility)
3. Analyzing and preparing candidate kits
Creating 5-8 kits describing the solution summary, retrospective technology survey, possible uses and potential collaborations / purchases
4. Refining work model
ModelZ will create work tools and methodologies for processes to transfer all results to the customer for independent execution when the period ends
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5. Specifying precise MVP for feasibility
Concentrating and creating specifications for success/failure metrics, creating feasibility experiment and collaboration with selected startup as needed