FAQs

FAQs for the Corporation, Investor or Innovation Seeker

TechConnect Ventures is the exclusive Innovation Challenge division of TechConnect, a world leader in Innovation Conferences, Events and Expos. TechConnect Ventures delivers innovation and emerging technology Challenges and Scouting programs to client organizations in the large corporate, government and non-profit sectors.

TechConnect and TechConnect Ventures have generated over 15,000 commercial connections between innovation seekers and innovation solvers across the emerging technology landscape. Since the year 2000 our programs have sourced over $250B in commercial opportunities on behalf of our client companies.

TechConnect Ventures' Challenge Sprints are non-exclusive open innovation competitions, which seek to identify technologies, research, concepts, business models and other solution sets with the potential to impact or disrupt many of the most important strategic problems facing industry today (Link to Sprint Page). Each Sprint focuses on a Strategic Topic Area which has both a range of potential solutions and a range of potential industry impacts.

Our primary mission for Sprints is to maximize your exposure to new technologies and innovation opportunities, while lowering many of the barriers to accessing them. TechConnect Ventures fully designs and executes each Challenge independently. We even issue our own Awards. This Sprint concept provides our client companies with access to one-of-a-kind open innovation Challenge results, but without the demand for significant investments of time and resources in doing so. Plus, our "self-sponsored" model allows us rapidly execute higher volumes of Challenges over a much larger and more diverse range of topic areas than most organizations could ever manage on their own.

Every Sprint is non-confidential, non-exclusive and non-competitive for our Clients. What this means is that:

  1. Clients are not exposed to any confidential information or other strategically sensitive material at any time during the Sprint
  2. Clients engage directly and only with TechConnect Ventures during the Sprint. There are no secondary contracts, agreements or communications required between your organization, the Solver Community, or any other subscribed organizations
  3. Clients are not obligated to commit to any awards or business relationships with Solution Providers.
  4. All Clients are free to engage with any Solution Providers identified in the Sprint at any time and at their own convenience.

Start with a Trial Subscription for just $12,000. The Trial gets you 3 months of unlimited access to every Sprint we run, regardless of Series. (Click here to Request a Trial and get started)

There's no commitment beyond the end of the Trial, but you will have the option to continue your Subscription in several ways:

Unlimited Sprint Subscription

  • Access every Sprint, every Report, every Pitch.
  • Annual: $75,000
  • Quarterly: $21,000

Individual Series Subscription

  • Every Sprint within your Series of interest
  • Annual: $55,000
  • Quarterly: $15,000

Interested in just one topic? We have you covered!

You can register as a one-off Sprint Participant to receive access to the final Opportunity Report and Pitches from.

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  • Register prior to Sprint Launch: $7,500
  • Register after Sprint Launch up to Sprint Deadline: $9,000 per Sprint.

Interested in a Sprint that has already Closed?

No worries! You can purchase the Opportunity Report for any Sprint that has closed within the past 12 months for $10,000. But before you do, make sure to double-check our list of upcoming Sprints. We may be opening another round of Submissions on the Topic soon!

Do you have strategic innovation needs for a unique target?
Ask about our exclusive Challenge and Scouting programs.

 

FAQs for the Start-up or Innovation Solution Provider

TechConnect Ventures is the exclusive Innovation Challenge division of TechConnect, a world leader in Innovation Conferences, Events and Expos. TechConnect Ventures delivers innovation and emerging technology Challenges and Scouting programs to client organizations in the large corporate, government and non-profit sectors.

TechConnect and TechConnect Ventures have generated over 15,000 commercial connections between innovation seekers and innovation solvers across the emerging technology landscape. Since the year 2000 our programs have sourced over $250B in funding opportunities for innovators in the research, start-up and small business sectors.

TechConnect Ventures' Challenge Sprints are non-exclusive open innovation competitions, which seek to identify technologies, research, concepts, business models and other solution sets (such as yours!) with the potential to impact or disrupt many of the most important strategic problems facing industry (Link to Sprint Page). Each Sprint focuses on a Strategic Topic Area which has both a range of potential solutions and a range of potential industry impacts.

TechConnect Ventures fully designs and executes each Challenge independently. You will not find a Sprint "sponsored by" another organization. This enables us to engage a broader set of interested potential commercial partners on your behalf. Moreover, we provide all of our own Awards (see "What's In It For Me? Below") to ensure that our process remains unbiased by an one-specific set of interests. By fully owning each element of the process, we are able to minimize the risk for all participants, while also maximizing everyone's overall exposure to new commercial opportunities.

As an Innovation Solver, you are invited to submit your proposal, pitch and/or innovation description as a response to any Challenge Sprint you choose. This Submission ("Entry") represents your unique response to the strategic innovation need ("Topic") define in the Sprint Challenge Statement.

The Sprint model employs a closed Submission process. TechConnect Ventures does not offer tools to enable crowd ideation or iteration of Entries prior to submission. You are welcome to collaborate with multiple partners and organizations to develop your Entry, but the final Entry should be submitted by a single point of contact. Once Submitted, all Entries are final.

TechConnect Ventures clients include some of the largest, most innovative corporations and government agencies in the world. Our Challenge Sprints serve a unique function in delivering early access to the emerging technologies and innovations that you and your team are trying to bring to the market.