Every company that sits in the “incumbent” slot today was once a disruptive startup looking to change an industry. Over time, however, businesses focus on past success and become complacent about future innovation.
Corporate Venture Capital efforts — through investment and hands-on venture-building operations — can foster transformative growth and rekindle the innovative culture lurking inside your walls.
Ideate
Do you have one or two ideas that might be ready for incubation?
Perhaps you have an entire portfolio of ideas but no clue where to begin? Whether you have one idea, many — or none at all — Apollo 21’s unique process will help you evaluate (and, if necessary, generate) your pool of innovative ideas based on viability, suitability, feasibility, and capability.
Incubate
Our incubation process focuses heavily on Lean Customer Development processes. Over the course of three months, we’ll guide your Venture Team through a careful process of pain identification interviews, storyboard interviews, prototyping, and business definition. We’ll also help you construct your Venture Board who will act as key decisions makers for determining the validity of incubated ideas and ultimately make a go/no-go decision on the future of each new venture.
Accelerate
When a newly incubated venture is green-lit by your Venture Board, Apollo 21 will work with your Venture Team to execute the Build to Validate, Build to Automate, and Build to Grow phases of the process. Leaning on our deep technical experience, we can help you craft the right team to bring your venture to life and grow it into an entirely new business line.
Venture Studio Operations
Once we’ve proven that viability of the venture-driven growth process within your organization, Apollo 21 will work with key stakeholders to establish Venture Studio (or “Innovation Lab”) operations within your own walls, ensuring that your team is self-sufficient and able to continue the venture building process for years to come.
