We co-create startups with leading corporations.
Large corporations are great at optimizing at scale, but generally struggle with transformative innovation and new business creation. Corporate structures and reward systems don't promote the risk-taking and agility needed for disruptive ventures. Corporate accelerators and skunkworks are created with great fanfare, then struggle to operate within the corporate structure and often close within a few years.
Startup engagement has to be part of the mix – there are too many innovative and potentially disruptive solutions to ignore them. Yet corporations face challenges in delivering business value from these efforts. Early-stage startups in traditional accelerators seldom deliver ready-to-scale solutions that align with corporate priorities. More mature startups may not be willing to pivot to corporate needs and are often overvalued.
It's time for a new approach.
Recruit proven entrepreneurs:
We onboard and immerse the right entrepreneurs in understanding your challenges & strengths (assets).
Define and co-create startups:
We envision, define and build new independent ventures, leveraging NextBig’s platforms and resources.
We deliver an entrepreneurial talent network, world-class technical development and a business acceleration system to co-create new digital and IoT-enabled ventures that address our corporate partners’ biggest challenges. Our talent network includes a focus on bringing more women, minority and other under-represented entrepreneurs into venture teams – creating a competitive advantage for our ventures and our corporate partners. Our world-class technical resources include turnkey web/mobile development, digital marketing and AI experts in the U.S. and Europe. NextBig senior leaders are seasoned professionals who bring disciplined governance and accountability for results with our client partners.
We curate a talent network of entrepreneurs to lead venture teams. Our ‘network of networks’ provides access to thousands of proven business and technical leaders. A rigorous screening process helps us pinpoint and engage the right venture leaders.
We’re not a digital development shop – we are company builders. To enable that, we’ve assembled a group of 300+ technical experts and partners who can assist our venture leaders with on-demand resources and tools to accelerate new business creation.
From initial discovery to in-market incubation, our venture teams use rapid software development tools and lean startup frameworks. Corporate partners can monitor startup portfolios real-time, using our analytics and management dashboard.
Learn more about NextBig's capabilities:
Colabs are NextBig's rapid-exploration programs to discover and validate a portfolio of new startup opportunities. This front-end process delivers opportunities that can be funded and built-out as startup ventures. Through rapid iterations with customers and mockups, we define big ideas faster than you thought possible.
Our corporate-sponsored colabs are structured to deliver a recurring pipeline of opportunities aligned with a company's strategic needs. Cross-company colabs are structured to identify shared ecosystem platform opportunities with complementary peer partners.
Identify corporate challenges to address and corporate assets to leverage
Discover new and meaningful customer & market insights
Define target customer personas for solution development
Leverage ideation workshops (with client teams) to translate insights into initial prioritized concepts
Customer and market insights
5-8 prioritized solution concepts to carry forward
Timing: 4-6 weeks
Use concepts to scout for existing solutions and enabling technologies
Build initial digital prototypes to rapidly explore solutions
Conduct rapid experiments and iterative development with customers
Assess technical, legal and business feasibility
Validate best opportunities for build-out and launch
Digital prototypes and experimental results
1-3 solution concepts validated and business models defined
Timing: 6-8 weeks
Learn more about NextBig Colabs:
Ventures: We build and commercialize new business ventures for validated opportunities. These startups are generated through our colabs programs, or in some cases existing opportunities brought to us by corporate partners. Most ventures are structured through one of two models:
Timing: 6-9 months
Timing: 12-24 months
Learn more about NextBig Ventures:
You're in control
We engage and support corporate partners in a variety of ways. Whether it's help in identifying the best opportunities or in providing turnkey venture delivery, we structure programs to let our corporate partners control their level of funding and risk.
For corporations working to leverage digital technology to improve their existing core business, NextBig can be a partner in delivering solutions quickly that drive improved business results.
How we can help:
Address inefficiencies in core business processes (marketing, supply chain, customer service, et al)
Apply AI enablement to intelligently automate processes and free up internal resources for higher value work
Provide entrepreneurial 'reverse mentoring' for executives to improve digital literacy and adoption of entrepreneurial methods
Provide 'entrepreneurs on demand' to lead internal digital ventures in support of your core business goals
Transformative innovation and new business creation are extremely difficult to manage within organizations that are built for optimization, not disruption. NextBig can be your surrogate risk-taker and partner for disruption on demand.
How we can help:
Create an evergreen pipeline of transformative opportunities with NextBig Colabs and Ventures
Customize Colabs as your own accelerator program, leveraging the best of our resources and tools with your own ideas and intrapreneurs
Provide objective and rapid assessments of your internally-generated new venture ideas
Spin-out of internal ventures that are stuck or where you lack the resources and capabilities to execute well
NextBig can help you engage and leverage complementary companies and value-chain partners to co-create new digital and IoT-enabled platform solutions.
How we can help:
Help you pursue internet-of-things (IoT) initiatives across complementary value chain players, where NextBig manages as an independent startup
Support independent accelerators and regional economic development groups in corporate engagement, leveraging regional talent to co-create with leading corporations
Engage in ecosystem platform ventures that we identify and bring to a group of complementary companies who share in the funding, design and use of the resulting digital platform
NextBig provides a powerful new model for new business creation that combines entrepreneurial agility with corporate acumen and scale. It’s an approach that can unlock hidden value and enable sustainable, transformative growth.
We bring together the right people, processes and funding to create new products, services and organizations that can improve people’s lives and change the world.
Let’s create the future together.