Corporate-Startup Online Weeks 2020 matched international corporations with over a hundred startups

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2020-10-30 12:31

During May-October 2020, the new online matchmaking activity Corporate-Startup Online Weeks brought 107 startups and scaleups together digitally with international corporations. Enter Espoo created Online Weeks to help Espoo-based and Finnish companies to find customers, partners, and investors during the Coronavirus pandemic. 

Enter Espoo started a new digital matchmaking activity called Corporate-Startup Online Weeks in spring 2020. The target was to match local and Finnish startups and scaleups with international corporations in pre-selected, one-to-one virtual meetings. During May-October, Online Weeks matched 107 startups and scaleups with 15 corporations.

Enter Espoo created Online Weeks quickly after the COVID-19 outbreak started in Finland to help startups and scaleups get new business. Enter Espoo did the activity together with Aalto University’s Aalto Startup Center and A Grid startup community, Innovation Home, and VTT Launchpad. 

Corporations and startups have already made agreements on new business partnerships or investments

Online Weeks 2020 replaced the annual physical Corporate-Startup Event, and the online version brought over twice the number of major corporations to Espoo’s innovation ecosystem. Already there are five cases in which participating corporations and startups have agreed to either explore new business partnerships or investments have been signed. In addition, many participants have continued discussion after the activity, with new collaboration cases expected to be finalised in the near future.

“Corporate-Startup Online Weeks was a very fruitful event for a Japanese corporation. Enter Espoo made is easy to reach Finnish startup companies, which is generally difficult,” says Masami Sumiyoshi, Manager, Hitachi Vantara (UK).

“We joined an online meeting during Corporate-Startup Online Weeks with an international corporate and Enter Espoo arranged everything perfectly. Without them we would not have been able to tell about our company to this big player,” says Kirsi Kaukonen, Co-Founder of Niki Newd.

The corporations that took part in Online Weeks 2020 were: Almirall (Spain), Bayer Nordics, Beiersdorf (Germany), Mercedes-Benz (Germany), CapitaLand (Singapore), GoHub (Spain), Hitachi Ventures/Hitachi Vantara (Japan and Europe), Infosys (India), Marubeni (Japan), ST Engineering (Singapore), Sodexo Nordics, Telefonica (Spain), Telia (Sweden and Finland), Volkswagen (Germany), and 3M (USA).

Startups get business opportunities through Enter Espoo’s Launchpad platform

Corporate-Startup Online Weeks was a successful piloting experience that showed that there is a significant demand from Finnish startups to explore new international business development activities and seek investment from international corporations. Enter Espoo will organise similar online matchmaking activities and events in the future, and the best way for startups and scaleups to get an opportunity to join is by signing up to Launchpad matchmaking platform. 

Launchpad is Enter Espoo’s matchmaking and tech-scouting platform that the company uses for activities like Online Weeks. By signing up to Launchpad, startups/scaleups ensure that they are visible to Enter Espoo’s clients and found when there is a suitable opportunity to connect to international corporations or investors.