About the Program
The Corporate-Startup Development Program is an approach to develop startups that are identified as "too early" by Fortune 500 corporations.
1
DISCOVERING corporate-aligned startups for NCET2 Fortune 500 Corporate Members
- Using Corporate Needs Solicitations (wish lists) that describe the corporate’s business needs and technology interest areas
- From university startups, angel portfolios, and state funding organizations
- We package, review, and present startups through Virtual Startup Pitches to corporates for corporate investment and strategic partnership
2
DEVELOPING startups with Fortune 500 corporate interest through NCET2 Startup Development Officers (SDOs)
- Usually startups are too early so development is needed to align to corporates
- SDOs develop startups with milestones from corporates to guide startup development
- Aligning startups to corporate exits and strategic partnerships
- SDOs are former Fortune 500 open innovation and venture executives, active angel investors, serial entrepreneurs, startup attorneys with extensive knowledge and experience in startup development
3
FUNDING corporate-aligned startups through the National Angels Group and our Investment Banker Fund
- Specifically created to invest in corporate-aligned startups that NCET2 develops through the Corporate-Startup Development Program
Submission and Selection Process
- Submit your startup by sending a non-confidential pitch deck. Submit here.
- Startups will be screened by Fortune 500 corporates and SDO's in Virtual Startup Pitches for scoring and feedback
- Startups that receive Fortune 500 corporate and SDO interest will go through a final interview to be admitted to the Corporate-Startup Development Program
Benefits
- For Fortune 500 Corporates: De-risked products and startups aligned to technology and business strategy needs for business units
- For Startups/Faculty/Researchers/Students/Universities: Access to professional SDO talent to help align startups to corporate exits/strategic partnerships
- Angels: Better ROI with aligned exits and strategic partnerships with corporates