FGB is excited to announce a partnership with Switch Pitch, the global online platform for match making between large companies and startups. The partnership will have three components:
- Promoting SwitchPitch’s startup relationship management (SRM) platform to Italian and European enterprises
- Promoting FGB’s innovation consulting services, leveraging SwitchPitch’s platform
- Hosting a joint innovation event in Milan promoting enterprise innovation programs to an audience of invite-only startups
Many large Italian companies are focused on startup engagement through open innovation. While SwitchPitch has gained traction and popularity in many European countries, it has no presence or exposure in the Italian market. FGB operates six startup accelerators throughout Italy and is a major player in the Italian startup ecosystem. Having an Italian partner connected to the Italian startup community adds an invaluable resource to Italian enterprise prospects.
Through this new partnership with FGB, SwitchPitch will now offer Italian enterprises a platform for startup engagement, as well as managed services to handle Italian-focused startup research and diligence. FGB also brings a technology valuation tool to help enterprises assess the value of startups’ technology.
FGB and SwitchPitch are planning joint Fall event in Milan to help connect innovative startups with European enterprises. The format of the event will follow SwitchPitch’s previous event model – large companies pitching to startups – with one important change. Enterprises will pitch their overall innovation and startup engagement programs – rather than a specific initiative. Enterprise participants will meet one-on-one with relevant startups to better assess fits within their organization.
The combined forces of FGB and SwitchPitch provide a compelling open innovation solution for enterprises; as well as a business development resource for Italian startups. Our partnership combines the platform benefits of SwitchPitch and the high-touch, consultative approach of FGB. FGB is excited to partner with such a well-respected and talented team as Switch Pitch.
SwitchPitch enables enterprises to manage all innovation/startup relationships through our centralized Startup Relationship Management platform – enabling them to easily vet, manage and disseminate innovative startups internally to get deals done.