the needbusiness, venture and technical expertise offers the potential of an initial significant...
TRANSCRIPT
Creating a Bridge –
developing & connecting an
entrepreneurial community
with Major Global Markets
We need to harness certain
areas of technological
breakthroughs,
advancements in
emerging software
technologies and
techniques to drive efficiencies
and gain exponentially
improving competitive
advantage
The Need
Develop and
incubate our own
series of Software-
based Startups
that are custom
tailored to meet
our needs
The Solution
One startup for every 1800 Israelis
#2 in absolute number of Startups (US is #1)
VC investment per capita is 2.5 times over the
US and 30 times Europe
World leader in # patents per capita
No.1 in R&D spend per capita
The beginning: Tel Aviv
Nurturing early-stage startups to seek first move advantage,
accelerate startups route to market by providing tactical
training and guidance, together with seeking commercialization
opportunities across the Coca-Cola system.
7 months
Circa 10 startups per Cohort
No equity taken or cash given to startups
First Mover advantage opportunity
Focus is on education and relationship building
Outcomes are pilots, ecosystem growth
Program Overview
Consumer
Engagement
Supply
Chain
Consumer
Retail
Marketing
Innovation
Health &
Wellness
The Themes
Growth Early Stage
• Operating for under a year
• 1 – 5 employees
• Idea only or initial prototype
• In Alpha development phase
• No customers or Israeli only
• Pre-Seed / Angel Investment only
• Values use of provided office space
• Operating for over a year
• 1 – 10 employees
• Alpha stage product
• Beta development phase
• Israeli customers
• 1 or 2 small non-competitive US
and/or European customers
• Angel or Seed Investment
• Own office space
These are pre-startup or very
early stage startups looking to
establish themselves
These are young, established startups
looking for growth opportunities in
the US & Global Markets
Example Description Example Description 40%
60%
Startup Definition
Activate Referral
Network (*) to
recommend the
Program to 500+
potential startups
Target 100+
Applications and
conduct initial online
reviews
Filter to 50+
potentials and
conduct physical
Interview sessions
Align on final 10
and initiate the
Program
Target One
success out of
the 10
500 100 50 10 1
(*) Network of local Angel Investors, VC's, Serial Entrepreneurs, key influential connectors and technology partners
Activate
Apply
Filter
Select
Success
The Selection Process
Sponsor Day
(Atlanta)
Event in Atlanta, USA for
one team representative.
• Available to every
team invited into the
Program
• Connect with one or
more Business
Sponsors
• Attend the Coca-Cola
Marketing DNA
training program
Development
(Tel Aviv)
Work on your solution
in a shared
workspace.
• Available to every team in
the program
• Free workspace
• Access to Meeting Rooms
• Weekly video-conference
training sessions from
Coca-Cola executives
• Regular guest speaker
events
• Access to Business
Sponsors
• Access to local Mentor
Network
Pilot (Upon Request)
An opportunity to pilot
your solution in the
Coca-Cola System
• Subject to approval
by Business
Sponsor
• Solution piloted at a
Coca-Cola Business
Unit or Bottler
License (Upon Request)
The chance to license
your product with
Coca-Cola
• Subject to approval
by Business
Sponsor
• Subject to
successful Pilot
Showcase Event
(Atlanta)
Event Atlanta, USA for
one team representative.
• Available to every
team invited into the
Program
• Meet and Present to
Coca-Cola Business
Executives
• Meet and Present to
Coca-Cola Key
Customer executives
• Meet with The
Bridge VC Partners
Sponsor Connect
Sessions Launch
Event
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7
Showcase Event
The Program Structure
Delivering software
technology solutions that
meet our specific needs
faster and cheaper
Provide a zero-cost
workplace environment to
grow a company
Tap into a wealth of
Business, Venture and
Technical expertise
Offers the potential of an
initial significant client for
the solution
Potential paying
Customers leveraging
Technology solutions
portfolio
Potential for new
product OEM/Sales
Partner opportunities
Provides early-stage
insight into the emerging
trends and needs of
Enterprise clients
Gain early access to
more mature startups,
already with a potential
major Enterprise client
Enable capability to
guide/steer startups of
interest
Offer potential significant
commercialization
opportunities
Coca-Cola Startups Technology
Partners VC’s
Potential additional
Revenue
Share/Investment
opportunities
Increase the business and
technology competitiveness of
the company and systems
First mover advantage
The Win-Win
the startups From the 2014 & current 2015 program
A new journey: Atlanta
Developing Startup Ecosystem
Talent
Development
Startup
Development
An Open Community Network of Atlanta Corporates, providing training and
commercialization opportunities for early stage software technology startups and support
of a series of non-profit partnerships focused on seeding and nurturing the next set of
future software technology entrepreneurs.
DE
MA
ND
SU
PP
LY
Expanded Corporate Membership
E.G
E.G
E.G
Engagement Consumer Engagement
Consumer Retail
Supply Chain
Marketing Innovation
Health & Wellness
IOT/Smart
Cities
FinTech/Cyber
Security
Mobile Solutions
eCommerce
Crypto-currency
Crowd-Sourcing
Geo-location
Internet Of Things
Geo-Fencing
Big Data
Predictive Analysis
Theme Tracks for 2017
The focus is on Atlanta Startups but
BridgeCommunity is also reaching out
across the local area, encouraging
startups that match the criteria of the
Corporate Members to come to Atlanta
for the program.
Putting Atlanta On The Map
The Selection Area
A partnership with the Atlanta Hawks and Philips
Arena has the potential to significantly amplify
PoC/Pilot engagement opportunities with
BridgeCommunity startups, repositioning the
Arena as a sports, entertainment and
entrepreneurial hub serving the local community
• Up to 18,000 active engaged fans
• Broadcast reach across 8 different states
and up to 14 million homes
• Built-in UX lab for user testing
• Access to collaborative spaces for
members and start ups
Classified – Confidential The Coca-Cola Company
Philips Arena / User Engagement Lab
Budget Engagement Opportunities
Individual modest contributions
that collectively form total budget
for the program.
Each Member need engage only
with the startups that interest them,
knowing that other Members can
pick up the others.
Significant collective opportunities
available to startups from all the
Member organizations, a much wider
pool of startups available for the
Member organizations to explore
Spread the Commitment Relieve the pressure Amplify the attraction
“If you want to go fast, go alone. If you want to go far, work together” African Proverb
The Power of Collaboration
Talent Development
Social
Transformation
through
Technology
Entrepreneurism
+ BridgeCommunity
Corporate Members
The Circle of Opportunity
Key Take Aways
Listen Pivot Stealth Referral Speed
Listen and absorb
feedback
Adjust approach
based on feedback
Launch private site,
issue custom referral
links to advocates of
the program
Advocates refer
program to startups
they believe are a
good fit
Run fast, learn and
pivot along the way
Our approach
1. Drive democratized innovation ownership
2. Embrace failure
3. Streamline governance processes
4. Ensure Business Pull rather than System Push model
5. Embrace Startup culture to provide a shot of adrenaline to your corporation
6. Treat [Bridge] Startups as Brand Ambassadors and act appropriately
7. Adopt a Pay-it-Forward approach
8. Integrate into and support the local community
Recommendations
What is BridgeCommunity?
A Community of Startups
A Community of Corporates
Helping the local Community
thank you Anthony Newstead
Global Group Director, Emerging Technologies & Corporate Innovation,
co-founder of http://www.bridgecommunity.com