Where can I best find new business models and radically innovative technologies as a company? Of course: in startups! Behind each of these startups stands an idea or vision that might be very relevant to you, or might even disrupt your whole industry! Due to the high number of startups (36 thousand in Silicon Valley alone), it is particularly important for you to be able to identify high-quality technologies and business models that are interesting to your business and that you should be aware of.
The first and most step that most people take, is to collect company metrics from the internet and to think about what each company’s specific value-added is to one’s’ own business. However, you will encounter the problem that only limited data can be found on the Internet, that this information is often inaccurate and that mainly using online articles and move from article to article can be a very time intensive endeavour.
If you don’t want to only scratch the surface, but wish to understand the market as whole as well as individual startups in detail, we can help you. From our own experience, we can say that personal contacts and experts from the relevant field represent a very valuable source of information as they understand the intricacies of market or business models, and often have a huge business network from which they can give you insights and information that goes far beyond any publicly available research options. This is why we have developed a unique 5-Step startup scouting process to indicate radically innovative startups for our clients:
After a multi-day “engagement workshop” together with our clients, where we create a common ground by defining goals and challenges to be solved, we continuously research trends & innovations, identify and analyze disruptive startups and research other interesting contacts over an agreed period of time. We will present the results of our scouting in regular reports, which will show you the appropriate innovation opportunities/chances as well as potential risks and disruptive innovations for your own business model or even the whole industry. The proposed startups will be screened by yourself and afterwards we connect you with the startups in question. Based on ongoing feedback and the success rate of contact brokerage, we continuously adapt the scouting approach to your business.
We, the German Silicon Valley Innovators, would like to support you with our expertise and our extensive network. We help you identify and categorize startups and business models along your value chain. Would you like to know more about our scouting process? Then feel free to contact us directly at firstname.lastname@example.org or visit us directly on https://germaninnovators.com/scouting/ .