Step 3 in the I&V Process®
The third step of the
Innovation & Venture Process (I&V Process®) is the so-called Corporate Partnering, which has the main objective to find an adequate business partner for cooperation.
In the sense of the "Simultaneous Venturing", using step 1 (Business-Planning)
and step 2 (Prototyping) of the I&V Process, potential business partners are selected in order to identify the optimal cooperation partner. The majn advantage of this procedure is that in this very early stage of the project
all the requirements of a potential partner may easily be taken into account in the further development of the start-up projects. Moreover, there is always a chance to find a partner who is willing to develop the project in his own enterprise.
The process step of the Corporate Partnering is structured in a clearly defined and standardized procedure, which has been developed from experience and many applications to various industries and business areas. In the context of our Services, the complete documentation and know-how for the introduction and implementation of the I&V Process are put at the customer's disposal.
For further information about the Prototyping and the I&V Process, we refer to our Internal Seminar and Workshop "More Innovation for Less Money".
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