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09
Jun
2016

Discover Incubation by ENGIE

ENGIE is engaged in a wide-ranging open innovation program alongside innovative startup businesses. That program includes an internal business incubator that has already helped five startups to take off. But what does Incubation by ENGIE actually mean in practice?

Business incubation is a key component of the ENGIE Group open innovation program, and has its roots in the Group's most valuable resource: its people.

How does Incubation by ENGIE work?

When an ENGIE Group employee has a new idea, but lacks the resources to develop it, there's a solution: register the idea on the Innovation by ENGIE online platform. The incubation process can then begin:

  • Every idea registered is analyzed by internal experts, who decide whether it should move forward to an operational phase. Where that is the case, the same experts put together a team to support the project originator, set goals and submit the project to a Group business unit as the basis for its sponsorship
  • The team then spends twelve months focused solely on its project in one of the thirteen ENGIE partner incubators in place to ensure that each project is developed quickly and appropriately. During this time, the team is coached by other contributors to define a Viable Minimum Product
  • During this incubation period, the team is assessed every three months by incubator managers and project sponsors. The sponsors may provide guidance for the project and its employees, if it is felt that they are heading in the wrong direction (e.g. if their business model does not seem appropriate for their business)
  • If, at the end of the incubation period, the startup has demonstrated its market potential, it becomes a fully fledged part of Group activity. If not, it joins the acceleration program to conquer new markets with continued support

Key figures for Incubation by ENGIE

Launched in 2014, the ENGIE open innovation platform now has 10,000 members, and 400 projects have already been submitted. As a result of this opportunity, more than 50 employees have already been able to develop 18 projects in different disciplines, from smart solutions to decentralized generation and sustainable mobility.

Incubation by ENGIE is also an external success story. The first five startups to emerge from the program have found their markets and generated their first revenue in 2015.

The latest fledglings of Incubation by ENGIE

At the end of March this year, the first five startups to emerge from the ENGIE incubation program moved forward to the key stage of business acceleration. A series of innovative energy efficiency and transition solutions are now reality:

  • Blue.e is a software app designed to help industry manage energy better. Using data from all the operational variables of an industrial installation, the system identifies which have the greatest influence on energy performance, and suggests the appropriate control measures to optimize them
  • NextFlex enhances the electrical flexibility of industrial facilities and commercial premises
  • Please is a package of concierge services designed to put members of the public in touch with local service providers
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