Old Dog, New Tricks
How big businesses are 'incubating' tech start-ups in an attempt to innovate.
The Bottom Line · BBC Radio 4
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Show Notes
It is not easy to teach new tricks to the business world's old dogs. The latest fashionable solution for big corporations slowed down by bureaucracy and traditional ways of thinking is to incubate tech start-ups. The idea is that the big corporation benefits from the creativity and "can do" attitude of the start-up. In return the start-up gets funding, professional advice and help navigating the corporate world to reach the top decision makers. The model is known as "corporate acceleration" and it is growing in popularity. Evan Davis hears how it works.
GUESTS:
Jess Williamson, Director, Techstars with Barclays FinTech Accelerator
David Fogel, Head of Accelerator & Deputy Director at Wayra UK
Emily Forbes, Founder, Seenit
Producer: Julie Ball.