ECE Partner ING opens corporate accelerator: Innovation Studio

23 July 2015

ECE partner ING just announced the opening of the corporate accelerator The Innovation Studio.  It will be a place where startups and intrapreneurs work on innovative and disruptive ideas. In the Studios startups will have everything they need to grow their company: financial support, a unique workspace, shared knowledge and experience from mentors, experts and partners, and networking with other entrepreneurs . The Innovation Studio is part of the ING Customer Experience Centre (ICEC), which facilitates Innovation within ING, based in Amsterdam.

How does it work?
In 6 months participants will validate customer problems, solutions and build a minimum viable product, using the lean start up principles (build, measure, and learn) and design thinking techniques.

Timeline

Apply: July 22 – August 14

  • Web application
  • Applications reviewed by ICEC & Mentors

Interview and Pitch: August 31

  • Successful applications invited to an interview and pitch to the Innovation Studio team and other innovation drivers, experts, and mentors

Start: September 21

  • Successful teams will be invited to attend the studio
  • External startups will work with participants to develop their idea further

Selection Criteria

The team/ startup 

  • Fintech
  • Early stage startup
  • Able to work in NL for 6 months
  • Team members over age 18

We want to have a multidisciplinary teams, passionate and highly entrepreneurial:

  • Skills & Mindset to design, build and sell your product
  • Business (Hustler)
  • Designer (Hipster)
  • Developer (Hacker)
  • Collaboration
  • Adaptability
  • Self-reflection

The idea

Customer Relevance – What is the customer problem that you are solving? What is the size of this problem?

Market Reach – Solution has some preliminary indication of market acceptance.

Disruptive – Does this idea fundamentally challenge existing business models?

Benefits

  • Funding
    • We provide a convertible loan for a minority stake of your equity.
    • We have a common interest in the success of your product.
  • Workshops
    • Lean Startup, Design thinking, Growth Hacking
  • Access to mentors and experts from:
    • Internal mentors, experts in important areas such as payments, risk, legal, lending, etc.
    • External mentors with additional expertise in funding, growth hacking, customer intelligence, etc.
  • Operational support
    • A team of students who are able to support you.

Interested in participating in the Innovation Studio? Check out the website and apply now:  www.innovationstudio.ninja


Have a great idea? Take that great idea and turn it into a business in 10 weeks- join the Get Started programme! Also don’t forget to get your early-bird tickets for the Get in the Ring Dutch National Final on November 19th.

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