What services does Plug and Play provide?
We help our corporate partners in every stage of their innovation journey, from education to execution. We offer a tailored service, adapted to the needs of each of our corporate partners.
First-hand access to the startup ecosystem helps our partners solve business challenges efficiently. We also host workshops, conduct partner-to-partner introductions, deliver startup lists, and so much more. Partners are also able to further access the Plug and Play ecosystem by attending our hundreds of innovation-focused events.Get in touch today and find out how we can help.
What does open innovation mean? Do I have to work with my competitors?
Innovation thrives through collaboration. That’s why our open innovation approach is the most effective: We bring together corporations, startups, venture capitalists, government entities, and universities, by providing the platform for everyone anywhere to engage.
We do encourage partners to work together as we have experienced that corporate-to-corporate engagements promote further innovation. It’s of course up to each organization to decide whether they want to collaborate with these stakeholders or not.
How do you measure the success of the partnership?
When working with startups, new expectations are set each year of the partnership. Some examples of measurable ROI would be the number of startups met, number of NDA’s signed, number of pilots initiated, how many pilots led to commercial deals, and how many of these commercial deals helped achieve a corporation’s overarching goals.
Corporate partners are exposed to a new, Silicon Valley-like mindset. Our platform inspires and energizes organizations, by expanding their innovative reach beyond their corporations’ walls.
How much access will I get to other verticals?
Cross-industry collaboration is at the heart of what we do. Our model allows our corporate partners to access startups across all industries we are experts in, and not just from the vertical they’ve joined. We want our partners to take advantage of our scope and get inspiration from everything that we’ve built together.
I already have an in-house VC, why should I work with Plug and Play?
This is great news! If this is the case, we can fast-track your innovation efforts and enhance your already-existing processes. We’re a venture capital firm at our core, so we can co-invest in startups or share opportunities. We can also share best practices to help you avoid pitfalls that we've seen with other companies. With our vast global database, prominent portfolio, and experience we expedite execution while having the pleasure of collaborating.
How do I know if my competitors are already working with you?
Take a look at this list with all our public partners. We have the largest corporate innovation network in the world, which means you will be able to speak with your industry peers, and benefit at times from competitors, about their challenges and their approach to innovation. This will accelerate your learning, help you avoid pitfalls, and allow you to execute quicker. By working with us, your competitors are privy to exclusive information only accessible through the Plug and Play network. Do not get left behind and get in touch today!
What marketing exposure can we potentially have when we join your innovation platform?
We showcase our new partnerships in press releases. Partners who are excited to share their successes with startups will also have the opportunity to be featured in case studies or to have their own customer success story. If you are interested in more collaboration around marketing, we will work together to accomplish your goals.
Can we have events on-site at our premises?
Of course! We love to bring innovation all over the world. We organize innovation days (typically 1 day to 1 week in length) with our partners on-site in their own location and bring relevant startups to showcase to their audience. Please get in touch if you are interested in hosting an event with us, even if you are not yet an official partner.