Corporate Innovation Accelerator
Innovate from Within
In a world where innovation is the cornerstone of success, the Corporate Innovation Accelerator stands as a beacon for corporations eager to transcend the ordinary and achieve the extraordinary. Born from the proven methodologies of the New Venture Network Platform and reimagined for the ambitious corporate landscape, the Corporate Innovation Accelerator is your gateway to transforming potential into impactful reality.
Embark on a 12-week journey that defies conventional boundaries, where ideas are not just generated but brought to life through a meticulously structured program of hands-on workshops and personalized mentorship. Our Corporate Innovation Accelerator offers an unparalleled opportunity to dive deep into the innovation process, refine your vision, and emerge with tangible outcomes that set new standards in your industry. We help transform corporate teams into change makers. Welcome aboard the innovation journey of a lifetime.
Welcome to New Venture Network’s Corporate Innovation Accelerator.
Program Overview
Under the guidance of our founder, Nathan Preheim, participants navigate each of these critical phases with a focus on applied learning, leveraging workshops and real projects to turn theoretical knowledge into actionable business outcomes.
The Corporate Innovation Accelerator is a comprehensive practicum where corporate teams gain firsthand experience in the entrepreneurial process, transforming innovative concepts into operational ventures. Originating from the esteemed New Venture Network curriculum, this 12-week intensive journey has been meticulously tailored to the corporate innovation landscape, allowing participants to not only conceptualize but also successfully launch a new company, service line, product offering, or business optimization.
Embrace the role of an entrepreneur within your organization. Discover the power of the Corporate Innovation Accelerator, where your journey from idea to impact is our mission.
A Structured Path to Entrepreneurial Mastery
The journey unfolds over 12 levels, beginning with Level 0: Initiation — Setting the Innovation Mindset, and culminating in Level 11: Startup Showcase, where teams present their newly formed ventures. Each level is purposefully designed to progressively equip participants with essential skills, knowledge, and the entrepreneurial spirit required to navigate and succeed in today’s dynamic business environment.
Hands-On, Applied Learning
Key Highlights:
OPPORTUNITY SPOTTING
Participants start by identifying unmet market needs and potential innovation opportunities, setting the foundation for a successful venture.
BUSINESS MODELING
Dive deep into crafting robust business models using Lean Methodology principles, ensuring your venture’s strategic alignment and viability.
LEAN METHODOLOGIES
Embrace the agility and efficiency of Lean startup principles to iteratively develop and refine your business concept with speed and precision.
MESSAGING
Learn the art of crafting compelling narratives that resonate with your target audience, effectively communicating the unique value proposition of your venture.
MINIMALLY VIABLE PROTOTYPING
Engage in the creation of MVPs (Minimally Viable Products) to validate your business ideas with real user feedback, minimizing risk and maximizing learning.
FINANCIAL MODELING
Develop comprehensive financial models that outline your venture’s path to profitability and sustainability, crucial for attracting investment and guiding decision-making.
CUSTOMER ACQUISITION
Master strategies for acquiring your first customers and scaling your customer base, employing both traditional and innovative marketing techniques.
Transformative Outcomes for Real-World Impact
Graduates of the Corporate Innovation Accelerator emerge with a comprehensive understanding of how to spearhead innovation within their corporations, armed with a project that has the potential to significantly impact their industry. This program demystifies the entrepreneurial journey, providing an unparalleled opportunity to transform innovative ideas into successful business ventures.
Program Structure and Timeline
The Corporate Innovation Accelerator is designed to transform the way corporations innovate, through a meticulously structured 12-week program that combines intensive workshops, personalized mentorship, and continuous learning.
From the initial kickoff to the celebratory showcase, the Corporate Innovation Accelerator is a catalyst for enduring organizational transformation. It's designed to instill a culture of innovation, equipping your team not just with a new venture but also with the skills and mindset for continuous innovation. Join us on this transformative journey, where innovation becomes the cornerstone of your corporate culture.
Embark on a 12-Week Journey of Intensive Innovation:
Week 1:
Kickoff Workshop
Participant Selection
Working closely with stakeholders, we select up to 25 participants who exhibit the potential and drive to lead innovation within the corporation. This careful selection ensures a diverse, dynamic group ready to tackle the challenges ahead.
Gallup's Builder Profile 10 Assessment
Each participant undertakes Gallup's Builder Profile 10, providing insights into their entrepreneurial talents. This assessment is key to maximizing individual and team strengths throughout the program.
Opportunity Spotting Workshop
Tailored to your company and industry, this session focuses on identifying market gaps and innovation opportunities, laying the groundwork for impactful ventures.
Team Formation & Problem Validation
Participants form teams, embarking on their first challenge of initial problem validation. This step ensures that ideas pursued are rooted in real market needs.
Week 7:
Midpoint Workshop
Early Readout & Progress Sharing: Teams reconvene to share progress, offering an early glimpse into their projects. This collaborative session facilitates peer learning and adjustment of strategies based on collective insights.
Collaborative Outcome Planning: With feedback from mentors and peers, each team refines their approach, planning their next steps with enhanced strategies and insights.
Weeks 2-6:
Deep Dive into Innovation
Teams engage in weekly virtual check-ins, reviewing module content and setting outcome expectations. The curriculum covers essential topics like business modeling, Lean Methodologies, messaging, and minimally viable prototyping, ensuring a solid foundation for developing innovative solutions.
Weeks 8-11: Finalizing
The focus shifts to refining prototypes, financial modeling, and customer acquisition strategies. Weekly virtual check-ins continue, providing a consistent framework for reflection, learning, and mentorship.
Week 12:
Pitch Practice & Startup Showcase
Pitch Practice Workshop: The final in-person session is dedicated to pitch practice, helping teams polish their presentations for the Startup Showcase. This workshop sharpens their storytelling skills, ensuring a compelling communication of their innovation.
Startup Showcase: The program culminates in a dynamic pitch event where teams present their finalized projects. This is not just a presentation but a celebration of the transformative journey and innovations achieved. We encourage making the Startup Showcase a company-wide event, inviting employees from across the organization to witness, support, and get inspired by the innovative work of their colleagues. This fosters a culture of innovation and collaboration throughout the corporation.
Why Choose the Corporate Innovation Accelerator?
In today’s rapidly changing business environment, the difference between leading the market and playing catch-up often comes down to a single factor: the ability to disrupt from within. The Corporate Innovation Accelerator stands as a pivotal ally for corporations determined not just to navigate but to spearhead disruption, ensuring they are the ones redefining the landscape rather than being sidelined by external innovators.
Embrace Self-Disruption
Forge a Culture of Intrapreneurship: The Corporate Innovation Accelerator equips teams with the mindset and tools necessary to act as intrapreneurs within their organizations. This program is about more than creating new products or services; it's about fostering a culture where innovation is continuous and comes from within, enabling your corporation to be the disruptor rather than the disrupted.
Nurture Agility and Resilience: In an era where change is the only constant, the ability to think and operate nimbly is invaluable. Our hands-on, mentor-led approach focuses on empowering your workforce with the agility to adapt and the resilience to overcome challenges, ensuring your corporation can pivot quickly in response to market shifts.
Utilize Validated Learning & Customer Discovery
Evidence-Based Innovation: Through validated learning and rigorous customer discovery processes, the Corporate Innovation Accelerator ensures that every innovation effort is grounded in real market needs and opportunities, significantly increasing the likelihood of success.
Proactive vs. Reactive: The structured pathway from idea to implementation provided by the Corporate Innovation Accelerator arms enterprise clients with the proactive strategies necessary to anticipate and lead market trends, rather than reacting to them. This forward-thinking approach is key to maintaining competitive advantage and securing long-term growth.
Cultivate a Nimble Workforce
Beyond Individual Projects: The skills, strategies, and insights gained through the Corporate Innovation Accelerator reverberate beyond individual projects, enriching your entire workforce with a deeper understanding of how to think and act innovatively. This program isn’t just an investment in a project; it’s an investment in transforming your organizational DNA to thrive on innovation.
Lasting Impact: By promoting intrapreneurship and empowering your teams to initiate and drive innovation from within, Breakthrough Bootcamp lays the foundation for a corporate culture that not only embraces change but actively seeks to create it. The result is a more dynamic, responsive, and competitive corporation ready to face the future with confidence.
Embark on an Innovation Journey Packed with Value
The Corporate Innovation Accelerator is meticulously crafted to provide an immersive, comprehensive innovation experience. From the foundational first workshop to the climactic Startup Showcase, here's what participants can expect:
Personalized, Hands-on Workshops:
In-Person Workshops: Engage in three transformative in-person sessions at key milestones—Kickoff, Midpoint, and Startup Showcase. These workshops are designed to deep-dive into essential innovation practices, from opportunity identification to pitch perfection.
Virtual Weekly Check-ins: Complement the in-person experience with weekly virtual meetings. These sessions ensure continuous momentum, allowing participants to review module content, discuss outcomes, and refine their action plans with expert guidance.
Comprehensive Learning Resources:
Extensive Template Library: Gain access to over 60 practical templates designed to simplify complex tasks, streamline project development, and enhance your strategic execution.
Module Content: Dive into rich, structured content across all levels of the program, from ideation techniques to execution strategies, ensuring a well-rounded understanding of the entrepreneurial process.
Collaborative Innovation Environment: Thrive in a dynamic setting that fosters collaboration and peer learning. The program cultivates a supportive community of corporate innovators, encouraging networking, idea exchange, and mutual support among participants.
Expert Guidance and Support:
Personalized Mentorship: Benefit from direct mentorship by Nathan Preheim and experienced innovators, offering personalized insights and feedback throughout your journey.
One-on-One Coaching: Access individual coaching sessions tailored to address your unique challenges and opportunities, ensuring your innovation project benefits from targeted expertise.
New Venture Network AI Chatbot: Tap into the power of artificial intelligence with exclusive access to our AI Chatbot. This tool offers instant assistance, answers questions, and guides learning outside of scheduled sessions, making support available 24/7.
Continued Access to Resources:
Access Beyond the Program: Post-program, retain access to the Corporate Innovation Accelerator resources, including the AI Chatbot and template library, supporting ongoing innovation efforts within your corporation.
Alumni Network: Join an elite network of Corporate Innovation Accelerator alumni, a vibrant community of leaders and innovators across various industries. This network provides a platform for continued learning, networking, and collaboration, extending the value of your Bootcamp experience far beyond its 12-week duration.
With our comprehensive suite of workshops, mentorship, resources, and support, your journey from concept to company is not just envisioned—it's executed with precision, passion, and peerless guidance.
Choosing the Corporate Innovation Accelerator means investing in a proven pathway to innovation mastery.
Pricing & Packages
The Corporate Innovation Accelerator is an investment in your corporation's innovative capacity, offering not just a program, but a pathway to creating impactful, sustainable innovations. By choosing The Corporate Innovation Accelerator, you're not only equipping your team with the tools and knowledge to succeed but also fostering a culture of innovation that will drive your company forward in the competitive business landscape. Our pricing structure is tailored to accommodate both local and non-local companies, ensuring every organization can access this unique opportunity for growth and innovation.
With a base price of $10,000, we offer a comprehensive 12-week program that includes:
Full Program Access: Up to 25 selected participants will engage in a transformative journey, participating in hands-on workshops, weekly virtual check-ins, and a final Startup Showcase.
Expert-Led Workshops: Three intensive in-person workshops at key program milestones (Kickoff, Midpoint, and Startup Showcase), designed to deepen your team's engagement with the innovation process.
Personalized Support: Throughout the program, participants will receive personalized mentorship and support, including one-on-one coaching sessions, Gallup Builder Profile 10 assessments for all participants, and exclusive access to our AI Chatbot and extensive resource library.
Collaborative Learning: A dynamic environment that fosters collaboration and peer learning, ensuring your team not only learns but applies practical innovation strategies.
Frequently Asked Questions (FAQs)
Who should apply for the Corporate Innovation Accelerator?
The Corporate Innovation Accelerator is ideally suited for any company aiming to ignite their innovation engine, whether through launching new products or services, enhancing their team's skills, or fostering an entrepreneurial mindset across the organization. It's designed for teams and individuals who are ready to challenge the status quo and drive significant change within their corporate environment. From startups to established enterprises, the program is a fit for those committed to transforming ideas into tangible outcomes, upskilling their talent, and cultivating a culture of agile, forward-thinking innovation.
Do I need to have a business idea to join?
No, you do not need to come with a pre-existing business idea. One of the first phases of the program, Opportunity Spotting, is designed to help you identify potential innovation opportunities within your industry or organization.
How are teams formed within the program?
Teams within the Corporate Innovation Accelerator are carefully assembled leveraging insights from Gallup's Builder Profile 10 to ensure a balanced mix of roles critical for startup success: at least one Rainmaker (driven to generate business), one Conductor (who excels in operations and management), and one Expert (with deep domain knowledge). This strategic composition is foundational in fostering a well-rounded team capable of navigating the multifaceted challenges of innovation.
Additionally, we prioritize cross-pollination between divisions and a diversity of skills within each team. This approach is based on the understanding that diverse perspectives and expertise not only enhance creativity but also significantly improve problem-solving capabilities and the potential for groundbreaking innovation. By ensuring a mix of talents and backgrounds, Breakthrough Bootcamp teams are positioned to achieve better results, drawing from a broad spectrum of insights and experiences.
What outcomes can we expect from the Corporate Innovation Accelerator?
Participants can expect to emerge from the program with a fully developed business venture ready for implementation or investment. Beyond the tangible project outcomes, individuals will gain valuable skills in innovation methodologies, team collaboration, and entrepreneurial thinking that can be applied to future projects and roles within their organizations.
What is the commitment required for this program?
The Corporate Innovation Accelerator is designed as a part-time commitment, fitting within the professional schedules of participants with an expected dedication of 4-5 hours per week. This includes engaging in the curriculum, participating in virtual check-ins, and progressing through innovation projects. However, participants should note that there will be more immersive work sessions during the three in-person workshops (Kickoff, Midpoint, and Startup Showcase). These sessions may require a higher level of engagement and time commitment compared to regular weekly activities. Despite this, the program is structured to ensure participants can continue to manage their current roles and responsibilities effectively. The balance of part-time engagement with intensive workshops allows for a deep, impactful learning experience without sacrificing professional obligations.
How does the Startup Showcase work?
The Startup Showcase is the culmination of the Corporate Innovation Accelerator, where teams present their developed ventures to a panel of stakeholders and potential investors. This event is an opportunity to demonstrate the progress and potential of your innovation, receiving feedback and possibly securing support for further development.
What support is available after the program concludes?
Graduates of the Corporate Innovation Accelerator gain access to an extensive network of alumni, mentors, and industry contacts. Additionally, participants retain access to program resources including the AI chatbot and template library, ensuring ongoing support for their innovation endeavors.
How do we apply?
Applications can be submitted through the Corporate Innovation Accelerator website. We recommend contacting us directly at hello@newventure.network for more information on application deadlines, requirements, and to discuss how the program can meet your organization's innovation goals.
Secure Your Spot.
With only 6 slots available for the coming year, the Corporate Innovation Accelerator offers an unparalleled opportunity to transform innovation within your organization. Guided by Nathan Preheim, a seasoned innovator and entrepreneur, you will embark on a 12-week journey that promises to redefine what’s possible for you and your company. Our program offers a transformative experience that blends hands-on workshops, rigorous mentorship, and a collaborative, high-impact environment designed to catapult your innovation capabilities to new heights. But with limited availability, these coveted spots won’t remain open for long.
Have Questions? Contact us to learn more about how the Corporate Innovation Accelerator can align with your specific innovation goals.