Contact: Michael Glavich
Innovation Scout and Techcode Sign Strategic Partnership
Artificial Intelligence Platform combines with Leading Global Acceleration Management Company for unique Startup Engagement Practice
Providence, RI May 23, 2019 – The Innovation Scout, a company that utilizes their proprietary Machine Learning and Big Data Start-up and Innovation Scouting platform to accelerate corporate innovation; announced that it has signed a strategic partnership with Techcode, a leading global professional operator of startup incubators and accelerators.
With a firm foundation in China, Middle East & Europe, Techcode is partnering with US-based Innovation Scout, to spur advancement of corporate innovation with startups around the world. As corporations look to discover, assess and engage with startups and leading entrepreneurs, there is an urgency for companies to take a global view to source the best startups for their needs.
“Having one or two relationships with branded accelerators isn’t enough anymore”, said Annette Tonti, The Innovation Scout CEO, “companies need to depend on sourcing startups from anywhere on the planet, at any time. You need a combination of machine learning and physical presence in the fastest growing startup ecosystems to solve this problem. Techcode has that kind of global presence and that is highly valuable for our clients”
Techcode’s global presence creates efficiency for any corporation looking to partner with startups. Techcode’s partnership with The Innovation Scout will help leading corporations to facilitate connections with startups around the world and create cutting-edge open innovation programs. For mature startups looking to expand across borders, the partnership will help them build client and partner pipelines faster than ever before.
About The Innovation Scout
The Innovation Scout works with Global 1000 corporations to drive measurable efficiency into their product evolution and innovation activities. Using artificial intelligence tools, big data and a strategic Innovation Factory process, we empower corporations to test more ideas in shorter time periods. We provide a SaaS platform that uses our proprietary machine learning to discover and manage innovation partners. Our Radar Scouting program finds the best, brightest, most relevant startups and innovations for our corporate partners. Our Playbook program helps corporations to implement a scalable, lean innovation process across the enterprise. We position our customers to thrive in rapidly changing markets, anticipate disruption, capitalize on prediction and reshape the playing field for growth and success. www.theinnovationscout.com
Techcode is dedicated to operating incubators and integrating global innovation resources. Since its foundation, TechCode has established 31 incubators and accelerators in 25 cities of 7 countries across the globe. By the end of 2018, TechCode had incubated 1,463 startups worldwide. Of these startups, 45% have secured financing following completion of Techcode programs. http://www.techcode.com