Kolaxus partners with corporations to identify specific challenges and pain points that can be addressed through technology. Once the technology themes are defined, Kolaxus leverages its proprietary database and global network to find the most innovative solutions. After sourcing these solutions, Kolaxus presents all discovered opportunities to the corporation, or conducts thorough due diligence to narrow down the options to a select group of top innovations for the client.
The technology scouting process under Kolaxus typically follows a structured and strategic approach to ensure that the most relevant and innovative solutions are identified for its corporate clients. Here’s a breakdown of the process:
1.Consultation with Corporations: Kolaxus collaborates closely with the corporate client to understand their specific business challenges, innovation goals, and technology needs.
2.Defining Problem Sets: The client’s pain points and areas of focus are clearly defined to ensure the scouting process aligns with the company’s objectives.
1.Technology Mapping: Kolaxus works with the client to identify key technology themes and trends that can address the challenges or needs, setting a clear direction for the scouting process.
1.Database and Network Leverage: Using its proprietary database and global network, Kolaxus searches for startups and technology solutions that align with the identified technology themes.
2.Market Research and Scouting: The team conducts extensive research, attending innovation events, and leveraging connections to identify cutting-edge solutions from startups across the world.
1.Solution Selection: Kolaxus curates a list of potential technologies and startups that offer the most relevant and impactful solutions for the client’s needs.
2.Initial Filtering: The initial scouting results are filtered to ensure that only the most promising and aligned technologies are presented.
1.In-Depth Evaluation: Kolaxus performs thorough due diligence on the identified startups and their technologies, assessing factors such as market potential, scalability, technical capabilities, and alignment with the client’s goals.
2.Expert Reviews: Expert evaluations, including technical and business reviews, are conducted to ensure the viability and fit of each solution.
1.Client Presentation: Kolaxus presents the curated list of technologies to the corporate client, providing detailed insights and analysis on each potential solution.
2.Top Innovation Selection: If requested, Kolaxus narrows down the options to a select group of the most promising innovations for the client to explore further.
1.Connecting with Startups: Kolaxus facilitates introductions and partnerships between the client and the selected startups, enabling pilot projects, investments, or strategic collaborations.
2.Ongoing Support: The team supports the client throughout the collaboration process, ensuring smooth execution and fostering long-term partnerships.
1.Tracking Progress: Kolaxus continues to monitor the success of the implemented technologies and provides feedback to both the client and the startups.
2.Iterative Process: If needed, the process is iterated to identify new solutions or refine existing partnerships for further innovation.
