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1337 Ventures

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CORPORATE INNOVATION

Innovation Clinic

Innovate and disrupt your own business or somebody else will

Innovation Sprint

Design Thinking Lab

Discover, define, build, and grow your ideas with confidence and clarity through Design Thinking methodology

Designed for business leaders who want to dive deep into solving the problems that matter to their organisation by applying a step-by-step guide through a thorough walkthrough of a local case study.

(Reserve a seat now for free)
By appt only. each session 1 corporate

Consultation

Lunch and Learn

Explore the dynamics of corporate innovation journey

Designed for senior leaders and decision-makers who are rethinking their organisation innovation strategy or are exploring ways to embark on an innovation journey within the organisation.

(Reserve a seat now for free)
By appt only. each session 1 corporate

What is

Corporate Innovation?

Imagine you and your team are on the 5th meeting again to discuss what can the team do differently to grow the business. All the suggestions given are always about doubling down on the current strategies with multiplied effort, but you know you need to do something more disruptive and different. You want to innovate, but what exactly are you looking to innovate?

Corporate innovation means having out-of-the-box thinking as a strategy within your business. Yes, you are going to include innovation as part of your core business strategies. Corporate innovation can refer to product innovation, division innovation or business model innovation. To put this into perspective, Uber and Netflix, for example, disrupted the taxi and video rental industries respectively with business model innovation.

Many would have thought having a new idea would define the success of a corporate innovation strategy. The most common practice out there is to invest in a new service or product that is related directly to our core business growth. However, as we grow and expand based on that idea, the organizational transformations can be challenging. Corporate innovation goes beyond introducing a new product into the business chain. What makes an innovation project fails is often the people who lack the muscle that innovates, and a pipeline of talent who value innovation.

Two-thirds of companies innovate in order to grow or differentiate themselves from their competitors, while half of companies innovate to satisfy their customer needs. Customer needs are constantly changing, which means innovation is needed just to stay relevant survive .) In this new world, it is not the big fish which eats the small fish, it’s the fast fish which eats the slow fish. The only way to grow and outcompete the market is to innovate.

Our Experience in Innovation

Unlike any other company, we have established ourselves in the innovation ecosystem. 1337 Ventures’ experience ranges from startup idea acceleration to investment and fundraising, as well as building and steering the innovation agenda in corporate and government scene.

10+ years experience

in startup acceleration & investment

Network of Startups

700+ alumni and 1,000+ startups network in 5 countries

Collaborations

Connected startups and organisations since 2002

Not sure where to start?

Book a time to talk to us.

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