Corporate venturing involves larger companies investing in and supporting entrepreneurs, such as taking minority equity stakes, either directly or through venture capital funds, as well as other innovation tools, including incubators, accelerators and developing internal innovation – intrapreneurship.
Effectively, it’s about companies thinking about how they help entrepreneurs with their business needs of raising money, finding customers, developing their own products and services, hiring people and, eventually, an exit and in turn the corporation receives the ideas and support for their existing business units and strategic and/or financial benefits for their own growth strategy and cost savings.
Subscribe to Global Corporate Venturing here or to join the GCV Leadership Society contact firstname.lastname@example.org to discuss member benefits.
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