Innovation Design Challenge
Sparking Innovation Through Design Challenges
An Innovation Design Challenge is a dynamic half-day workshop format focused on generating innovation initiatives. Teams of 3 to 5 participants work on specific topics, guided by the Purpose Launchpad Innovation Framework. With professional guidance and a structured approach, teams pitch their innovative solutions, sparking a culture of innovation and building valuable connections.
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SERVICE BREAKDOWN
Overview
Focus
Who is it for?
Expected results
Our Approach
What is Innovation Design Challenge?
An Innovation Design Challenge is a dynamic half-day workshop format focused on generating innovation initiatives. Teams of 3 to 5 participants work on specific topics, guided by the Purpose Launchpad Innovation Framework. With professional guidance and a structured approach, teams pitch their innovative solutions, sparking a culture of innovation and building valuable connections.
Precision and Purpose: Guiding Teams Toward Innovation
The primary focus of the Innovation Design Challenge is to stimulate and motivate the generation of innovation initiatives. It creates a pressure cooker environment with professional guidance, utilizing the Purpose Launchpad Innovation Framework to explore problems and develop solution proposals.
Tailored for Visionaries in Business, Government, and Education
Companies Embracing Business Agility:
- Stimulating innovation as a core aspect of their agile business practices.
Public Authorities Promoting Innovation:
- Sparking innovation in specific topics, cities, or regions to drive progress.
Educational Institutions Demonstrating Innovation Drive:
- Integrating innovation, entrepreneurship, and business development into their curricula.
What to expect?
Tangible Outcomes, Inspired Innovation, Lasting Connections
Tangible Innovation Initiatives:
- Pitched by each team, offering potential for further evolution depending on sponsorship and budget.
Cultivation of Innovation Culture:
- Instigating a sense of innovation as the first step towards building an innovation-driven culture.
Networking Opportunities:
- Building personal and business relationships and networks in a time-bound, challenging setting.
Collaborative Planning for Customized Innovation Challenges
The preparation of the Innovation Design Challenge is a collaborative effort with you. This includes choosing the challenge topic, organizing the format (in person, online, hybrid), and preparing the content. It involves scoping the challenge, considering the context and your specific preferences. A clear challenge briefing will be communicated via our community platform, providing a dedicated space for the challenge and initiating the creative alignment process. Participants will have access to learning materials and assignments to prepare their minds.
Unlock the Advantages of Our Startup Mentoring Program
01
Expert Guidance and Insights:
Gain access to seasoned mentors who provide invaluable advice and insights based on their experience in the startup ecosystem.
02
Tailored Roadmap for Success:
Receive a structured and customized plan that addresses your unique needs and challenges, ensuring a clear path to achieving your entrepreneurial goals.
Problem-Solution Alignment:
Fine-tune your concept to effectively address a real-world need, increasing the likelihood of success in the market.
04
Market Readiness and Launch Support:
Prepare for a successful market entry with a well-defined strategy and execution plan, maximizing impact upon launch.
05
Scalability and Growth Strategies:
Equip yourself with the strategies and tactics needed to scale your operations, amplifying your reach and influence in the market.
06
Network Expansion:
Access a valuable network of industry experts, potential investors, and like-minded entrepreneurs, opening doors to new opportunities and collaborations.
07
Increased Confidence and Resilience:
Receive support and encouragement from experienced mentors, helping you build confidence in your decisions and develop the resilience needed to navigate challenges in the startup world.
Entrepreneurial Guidance
Expert mentorship and strategic advice tailored to individuals or teams seeking to launch or grow a startup venture.
Venture Development
A structured process that transforms innovative ideas into thriving, market-ready businesses through strategic planning and execution.
Pricing Options:
Base Package:
Starting at: €8,000*
Format Options:
In-person, Online, Hybrid
Venue:
Customized based on preferences
Mentor-Coaches:
Availability based on your specific needs
* The price is determined by factors such as format, venue, number of participants, as well as the number of mentor-coaches to be available.
The full price encompasses efforts in preparation, execution, and follow-up.
Recommended Budget
€20,000**
** Covers professional team of Xponential Ecosystem coaches and mentors, as well as the preparation of the essential infrastructure.