garage DU
About this good practice
With innovation as the key to competitive advantage, many established companies struggle to keep pace with the rapid advancements. This challenge is particularly evident in traditional industries where internal R&D might not be sufficient to drive transformative change. garage DU addresses this need by fostering collaboration between innovative start-ups and established companies in Duisburg and beyond. The initiative aims to bring fresh ideas and cutting-edge solutions to address specific business challenges faced by these companies.
garage DU operates through a structured process designed to maximize the impact of start-up-company collaborations. The process begins with the identification of specific challenges faced by partner companies. These challenges are then posted as opportunities for start-ups to propose innovative solutions.
The initiative follows a multi-phase approach:
- Challenge Identification: Companies define their specific needs and challenges.
- Pitch & Match: Start-ups apply with their solutions, and selected candidates pitch their ideas to the partner companies.
- Project Implementation: Start-ups work closely with the companies to implement their solutions.
- Demo Night: The collaboration culminates in a Demo Night, where results are showcased and celebrated.
The stakeholders include the City of Duisburg, startport, and companies such as Sparkasse Duisburg, GEBAG Duisburger Baugesellschaft mbH, and others.
Resources needed
One full-time staff as well as assistence as needed, e.g. for events. Fully funded by stakeholders.
Evidence of success
garage DU effectively bridges the gap between start-ups and established companies, fostering innovation and business growth. Evidence of its success includes numerous implemented projects resulting from these collaborations and the participation of significant local entities. The structured process—identifying challenges, pitching solutions, and implementing projects—has led to measurable outcomes such as enhanced business operations and the introduction of cutting-edge technologies.
Potential for learning or transfer
garage DU is an good practice due to its structured approach to fostering innovation through collaboration between start-ups and established companies. Its success can be attributed to clear challenge identification, a streamlined pitch process, and robust project implementation support. Key success factors include strong local partnerships, effective matchmaking, and a focus on tangible business outcomes.
The scalability of this model depends on creating similar ecosystems of supportive stakeholders and clear communication channels. Regions with a dynamic start-up culture and established businesses seeking innovation can replicate this model.
Potential challenges for transferring this practice include ensuring the commitment of local stakeholders and creating an environment conducive to open innovation. Overcoming these challenges involves fostering a collaborative culture and providing the necessary infrastructure and support for start-ups and businesses to thrive together.
Further information
Good practice owner
You can contact the good practice owner below for more detailed information.