Kickstarter for startup & enterprise co-creation
Open Innovation Accelerator for Baltic Enterprises and European startups
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Sustainable solutions for a better future
Businesses have more than the responsibility to be sustainable. They also have the opportunity and power to impact cities, communities, and individuals by helping them live green.
Future Hub empowers innovative solutions that offer sustainable solutions and strive to create a better future. We strive to foster enterprise growth by enabling open innovation concept for Baltic market-leading enterprises. We also aim to help sustainability startups to accelerate their growth and create new opportunities by enabling co-creation in a challenge format.
Creating purpose-driven partnerships
Future Hub is an open innovation accelerator program for European sustainability startups and the most innovative Baltic companies and public sector organizations. We match startup solutions with enterprise challenges to create mutually successful and tangible partnerships.
The program brings together Baltic market-leading enterprises with top European sustainability tech startups to facilitate partnerships for a 2-month co-creation process of a pilot project. The accelerator has already hosted two programs in Spring 2021 and Autumn 2021, bringing together sustainability startups with Citadele bank, Latvian Post, Rimi Baltic, Latvenergo, Orkla Latvia, Swedbank Latvia, and Riga City Council.
With us, startups and enterprises grow through co-creation. Together with enterprises, startups test their pilot market alliance solutions in target technologies and industries. Future Hub strives to form long-term partnerships that accelerate startup growth and bring innovative solutions to enterprises.
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Future Hub for Startups
Our goal is to empower sustainability startups by creating new opportunities through the enterprise challenge format. Training, mentoring, and networking opportunities build on creating an irreplaceable experience for Future Hub startups all in one program.
1
Pilot alliances
Kick-off potential pilot alliances in target technologies & industries as well as explore potential market alliances with industry leaders for market access and scaling
2
Guidance & mentoring
Receive advice and guidance from our lead mentors, that are experts in corporate partnerships and sustainability. All to arrive at pilot alliances with enterprises to establish tangible partnerships
3
Targeted networking
Take part in targeted networking events with Future Hub community members and take advantage of all the benefits and perks offered by our ecosystem builders
4
Validate your solution
Match your solution with enterprise challenges and together test your solution or apply and validate existing products that match the enterprise's problem
5
Visibility
Take the stage at Demo Day, the celebration of the end of the program, to present your co-created solution in front of investors, media, corporates and startups
6
Enter the Baltics
Get a chance to explore the Baltic market, work with local market-leading enterprises and learn about the region and your industry specifics from the best.
Future Hub for Enterprises
Future Hub fosters growth by enabling open innovation concepts for Baltic enterprises. By leveraging the venture client model, we enable open innovation conversation and help realize its potential. We strive to find teams for enterprises to engage with specific sustainability projects & challenges. The guided process of forming partnership models and the work with startups unlocks various benefits for your business and employees:
1
Break ice in corporate collaboration and learn how to successfully work with startups teams
2
Use the momentum and tackle your business sustainability challenge right away by applying the latest technology
3
Unlock new industry-specific technologies, trends, commercial opportunities and increase their speed to market
4
Make your R&D more efficient by testing how new ideas succeed or fail without dealing with the costs or logistical challenges of internal R&D
5
Enable learning opportunities for your team by exposing them to the startup mindset that embraces risk, speed, and experimentation
6
Build an agile reputation and increase potential new employees' and clients' trust factor and comfort levels
Trusted by
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Autumn 2022
program timeline
SEP 27
Startup applications close
OCT 11-13
Pre-acceleration for Hosts
OCT-DEC
Acceleration weeks
AUG 25
Startup applications open
OCT 7
Selected startups announced
OCT 17
Kick-off week
JAN '23
Demo Day
We are looking for
Future Hub is looking for Baltic market-leading enterprises ready to present a sustainability challenge. To tackle those challenges, we are scouting for B2B, B2C, and B2B2C startups operating in five sustainability and GreenTech areas. In startups, we are looking for dedicated early-stage teams ready to join Future Hub and find potential clients and grow through open innovation.
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Mobility
Solutions that encourage positive changes in integrated urban means of various types of transportation.
Food & AgroTech
Technology is applied to change the current food production and consumption habits towards a more sustainable future.
Smart cities & Energy
Tackling the innovation challenge in the industry that powers the world. Finding ways of easing city life and creating opportunities to live green.
Supply Chain & Logistics
Innovative technology solutions to improve the management and effective logistical operations in almost all businesses.
Sustainable Business & Circular Economy
Ways of redefining the supply chain by eliminating waste & using data to make company and business processes more sustainable.
Why Future Hub
Karlis Gicevskis
R&D Project Manager at Latvenergo
“Many companies worldwide believe that engaging in corporate accelerators is a promising way to improve their team’s efficiency, the speed of problem-solving, and the creation of new innovative products. For Latvenergo, participation in Future Hub was the first experience with acceleration programs. During the 12 week program, our team participated in over 60 co-creation sessions with startups; our employees took part in program workshops and other activities. Future Hub team made sure to support us with the facilitated co-creation process to let us focus on the most important - developing new ideas together with startups.”
