Corporate Startup Accelerator
An accelerator that cuts through the “innovation fluff” to achieve problem-solution fit.
50 tutorials. 20 assignments. 12 weeks curriculum.
Help intrapreneurs learn what they need to know and apply to their own idea. A tag-team of 2 world-class mentors guide each corporate startup team to leverage the curriculum and identify assumptions and run experiments with real customers. This includes weekly check-ins as well as continuous support via Slack / Whatsapp. With other AfCE services such as the Prototype Fund and Train the Trainer weaved into the accelerator program, this program paves the way to build a sustainable and scalable innovation ecosystem within your company.
Weeks 1 – 3:
Your work during the next 3 weeks is very much about clarifying your customer, problem and solution to find a good fit between all 3. The tutorials and assignments will help you to explore questions such as: What’s the best way to identify early adopters and segment our customers?
- What are customer’s pains, gains and jobs to be done?
- How do we build an end user profile?
- How do customers solve the problem now and what competitors are out there?
- How big is the market?
Weeks 4 – 6:
Over these 3 weeks you will zoom in on your solution and try to understand exactly which features of the solution are the most important to your customer. Through Pretotyping and Prototyping you will try to gain compelling behavioural evidence that customers would use your solution if you were to build it. You will explore questions such as:
- Can we solve the customer’s problem?
- How should we prioritize our features?
- Can we learn what would satisfy our customers and even make them passionate?
Weeks 7 – 9:
Marketing & Sales
Now you will dive deeper in testing how you can gain awareness and traction, hopefully winning your first “customers” who demonstrate true intent to buy or use your solution (which still may not exist yet):
- How can we use channels and messaging to convince people to buy / use?
- Do we have good unit economics for a viable business model?
Weeks 10 – 12:
Business Model + Pitch
The last few weeks are spent on completing your business model and checking if you can validate any critical assumptions that are missing. You will feed all of your learnings into a concise pitch deck ready to ask for funding or justify why the idea should not be funded:
- Do we have a viable complete business model suitable for our organization?
- Can we clearly and confidently ask for investment & tell our story?
TRANSFERRING ENTREPRENEURIAL SKILLS AND MINDSET
A brief summary of the Allianz TOP Intrapreneurship Program powered by Academy for Corporate Entrepreneurship.
Our program has seen around 60% of teams achieving problem-solution fit and raising internal investment to continue into an incubation phase. 20% successfully demonstrate why the venture should not receive investment and only 20% fail to reach a conclusive outcome.
World-Class Mentors vs Consultants
Transfer of skills and mindset to intrapreneurs
Structured approach creates accountability and monitoring of development
Be pitch ready by the end of 12 weeks (over 70% success rate)
Full participant evaluations and certification provided
Part time next to day job
Bayer tested accelerator programs with 8 different agencies (selected from 39 agencies) before settling on AfCE’s approach. The result was due to a high level of expertise in lean startup for experimentation, as well as ultra-high trust working with AfCE mentors.
How we move you from idea to launch.
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