I really enjoyed my conversation with Csilla Kohalmi-Monfils, Group’s Director for Innovation Ecosystems at ENGIE (French multinational electric utility company with €60B+ in revenue and 170,000 employees).
Together with Csilla we went through the different actions ENGIE has put in place to foster innovation both through employees and startups/scaleups. They have:
- a CVC fund: ENGIE New Ventures (size: €180M, type: evergreen)
- a Venture Builder/Incubation program: ENGIE New Business Factory
- a connecting Platform that manages intrapreneurship programs (Innovation Trophies), call for projects and relationships with the 25 Business Units (BUs): ENGIE Innovation
Below you can find the full video recording of our Mind the Chat I hope you will find insightful as I did. Let me spoil some key takeaways from our conversation with a focus on how ENGIE has been developing its Venture Builder (and reshaping it in the making).