Building An Innovation Hub That Is Innovation


credit:

While innovation hubs, usually created by startups, established company, or a group of companies have risen in popularity, some of them have actually failed.

But the goal is to apply the startup "move fast and fail often" approach to deliver new innovations for the benefit of the company.

Innovation hubs offer a great opportunity to partner and experiment with other companies, without the constraints and distractions of the day-to-day business.

According to Marcella Simons, innovation manager and product owner of DARE, stimulating innovation within ABN AMRO, "The great thing about innovation hubs is that they are vital to foster ideas, collaborate, and learn fast."

It's this failure-friendly that makes learning possible, she adds.

Innovation hubs can help growing companies to scale and accelerate, help solve business goals and problems, and deliver clear innovation strategies. Amidst failure and criticism, some innovation hubs who are successful have produced some of the best innovations that people use today. Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Why This Money Manager Believes Esg Investing Is out and Impact Investing Is in

Want to invest in companies that are good for the planet but also good for the bottom line? Look no further than Nordis Capital, a Montreal-based investment firm that aims to invest in companies...more

Nigeria Accedes to the Establishment Agreement for Afreximbank'S Fund for Export ...

Nigeria has become the 16th country to sign an agreement with the Fund for Export Development in Africa, a multilateral bank that aims to boost African exports. The bank's president, Benedict...more

How Do U.S. Elections Affect Stock Market Performance?

It's that time of year again: time for investors to look back at the last presidential election and see if there's any correlation between it and the performance of the stock market. A Bloomberg...more

Kinara Capital Bags $24.4 Mn Debt Funding From Impact Investment Exchange, Blueorchard

Kinara Capital, an Indian startup that offers short-term, unsecured loans to small and medium businesses, has just received $24.4 million in debt funding, the Times of India reports. The funding...more

Sparking Innovation and Inspiration
Foundation: Kellogg Foundation

For more than 30 years,Henrie Treadwell has been fighting for racial equity at the University of South Carolina, where she became the school's first black graduate since Reconstruction, the...more

Esg Lays the Groundwork, Impact Investing Extends the Boundaries

When it comes to environmental, social, and governance (ESG) issues, many investors are looking to invest in companies that have a positive social or environmental impact. But when it comes to...more

Reynders, Mcveigh Capital Management Is the Latest Customer to Go Live on Ridgeline'S ...

"To differentiate and compete, you really have to pay attention to technology," says Chat Reynders, CEO of Reynders, McVeigh Capital Management. "It was becoming clear to me that our tech wasn't...more

The Earth Is Falling to Pieces and It'S Connected to Climate Change

"Take a jigsaw puzzle of our planet, an amazing planet, and you'll have amazing pieces to fit there. Rivers, oceans, land, people, 8 million species, and they all exist in perfect harmony," says...more

Equities News Announces Second Athlete-Turned-Entrepreneur Partner, Craig J. Lewis ...

Craig Lewis used to be a pro basketball player. Now he's a tech entrepreneur. Lewis founded Gig Wage, a company that helps workers earn extra money by using facial recognition technology, and...more

Navigating the Evolution: Financing Trends in India'S C&Amp;I Rooftop Solar Market

There's a huge market for solar power in India, and it's thanks in large part to government incentives, reports the Wall Street Journal. In fact, the country had just one megawatt-hour of solar...more






Social Entrepreneurship
Spotlight



Influencing Social Good Through Retail


When Hannah Davis   traveled to China to teach English, she noticed how Chinese workers and farmers were often sporting olive green army-style shoes. Those shoes served as her inspiration to create her own social enterprise, Bangs Shoes.



Federal Government Grant and Assistance Programs


Appropriate Technology Transfer for Rural Areas | Communications Information and Assistance and Investigation of Complaints | Rural Education | Literacy through School Libraries | Puget Sound Protection and Restoration: Tribal Implementation Assistance Program | State Underground Water Source Protection | RESEARCH AND TECHNICAL ASSISTANCE | Bio-Preparedness Collaboratory | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders