For the fifth year running, startups have been asked to nominate the most active corporates in open innovation, this time at global level, thanks to the partnership between Mind the Bridge and the International Chamber of Commerce (ICC). In total, 50 companies from all over the world have been awarded: 25 as Corporate Startup Stars - with Mastercard (first), Bosch Group (second) and BP (third) securing the podium - and 25 companies named Open Innovation Challengers.
The flow of large corporates1 setting their own innovation outpost in Silicon Valley is in continued acceleration. And so are the models and methodologies used by such units. While is undoubtful that the COVID-19 epidemic has had some effects on the medium term commitment of such outposts (we do have counted a few “retreats” of Innovation Antennas as a result of budget cuts), for the most part data shows that both the number and the size of such units is experiencing a steady growth.
BEST provides 6 months of activities in Silicon Valley with courses, traineeships and 1: 1 modules with top notch personalities of the local ecosystem. The goal is learning the best practices of the Silicon Valley and then contribute to the Italian economic growth and technological development.