Global Innovation Platform
The Global Innovation Platform combines everything we've learnt about fostering knowledge-intensive startups at the urban level.
The story of European innovation is increasingly a story of urban ecosystems –
cities constantly refining and developing their innovation fabric to both foster home-grown startups and attract others from across the continent.
large companies are increasingly supporting startups, which provide them with new solutions and business opportunities.
A Global Innovation Platform (GIP) brings them together,
along with other city-level stakeholders, in a carefully designed process to:
- Solve local urban problems
- Stimulate local high-growth, knowledge-intensive companies
- Connect them to new markets and investors across Europe
GIP is designed around challenge-driven innovation.
As set out in this slideshare and explained below, a GIP follows a four-stage process:
The four stages are:
Ecosystem profiling: the city and other stakeholders identify the city's Unique Service Proposition and map its Local Champions
Challenge definition: the city identifies and priorities the key challenges (a demand-driven task requiring specific, working, sustainable solutions) it wants to tackle, in the process engaging the local ecosystem and local champions
Launch Challenges: roadshows and other communication activities, supported by a dedicated online platform, mobilise stakeholders around each challenge. The resulting Challenge Teams bring together local startups and entrepreneurs, large local companies, SMEs, local and regional authorities, academics, researchers and research organisations … and their counterparts from across Europe
Implement Challenges: a tailored series of GIP workshops, pitching sessions and mentoring activities, underpinned by online training and support, help local entrepreneurs launch startups to meet the city's challenges.
Each city's Global Innovation Platform then benefits from META's Europe-wide network of cities, startups and investors.
Most cities, after all, face similar problems. Apart from helping local entrepreneurs solve their city's challenges, each GIP also brings the resulting startups to new investors and new markets - other cities with similar problems - across Europe.
Each city's GIP therefore does not just solve each city's specific problems – it turns the city into a challenge-driven Innovation ecosystem, nurturing its entrepreneurs and launching them across Europe.
In the process, the city becomes more attractive for startups from across the continent, and more competitive at creating growth.
Each GIP is tailored to each city's specific challenges and assets, so get in touch to learn more.