With support of Deloitte Fast Ventures, NIKOS (University of Twente), the University of Utrecht and the University of Groningen.
The world needs more enterprises that deliver innovative solutions to improve people’s lives and protect the planet, while making a healthy profit. Meeting these objectives is a challenging task, one that requires leadership, vision, values, creativity, innovation and entrepreneurship. If these enterprises scale, they can have a significant impact on society. However, the odds are slim: only 0.4% of the surviving new enterprises are able to scale up to at least $10 million revenues within 5 years.
By leveraging a network of practitioners around the world and our own research, THNK has developed a set of hypotheses on the success factors of these scale-ups. This builds on our 2015 collaboration with Deloitte Fast Ventures to explore the dynamics and characteristics of scale-ups, resulting in the Experience Game.
Deloitte Fast Ventures, NIKOS (Netherlands Institute for Knowledge Intensive Entrepreneurship) at the University of Twente, the University of Utrecht, and the University of Groningen are advising this initiative. Our end product will be a validated model of Scale-Up Success Factors, complete with practical entrepreneur and practitioner insights and tools. The results of the research project will have a direct impact on the 20 ventures in the ScaleUpNation portfolio and the 100+ ventures in THNK’s Creative Leadership Program.
We are grateful to the Goldschmeding Foundation for People, Work and Economy for generously supporting this initiative with a charitable donation. All partners involved are exploring whether this project can become a more structured collaboration in time.
The Goldschmeding Foundation for People, Work and Economy aims to contribute to a better world with the interest of the other at heart. They believe that society will benefit from people and organizations that work from the basic premise of helping one another. The Foundation contributes to this by supporting projects that respond to important social issues regarding People, Work and Economy. The Foundation approaches and selects projects itself.
THNK develops creative leaders from all over the world across corporate, private, public, and social sectors. Dubbed by Stanford University as “the future of higher education”, THNK leverages creativity, business model innovation, and entrepreneurship for social impact. We conduct innovation programs with leading international organizations with a passion for entrepreneurship. Our research focuses on Scaling, and exploring the conditions and factors that help innovative and socially relevant business concepts take root and grow. We have locations in Amsterdam, Vancouver, and Lisbon.
THNK’s unique growth acceleration program in cooperation with New Venture and McKinsey & Company, for young innovative ventures with large growth potential and important societal impact. Ventures in the program get access to the best entrepreneurial experience and support. ScaleUpNation focuses on Clean Tech, Health Tech and Mobility solutions.
Deloitte Fast Ventures offers data-driven corporate venturing services. We use high quality data sources and advanced search and analytics technology to help companies map innovative ecosystems and identify relevant investment opportunities.
Founded in 2001, NIKOS is one of the first academic centers for Entrepreneurship in the Netherlands. It is responsible for all entrepreneurship education at UTwente on Bachelor and Master level, including a one year Master’s specialization in Entrepreneurship, Innovation and Strategy, and a Double Diploma in Innovation Management & Entrepreneurship at TUBerlin. In 2016 NIKOS celebrated its 15th anniversary with a Seminar on Management of Innovation and Entrepreneurship for Networked Business and a series of 10 Master Classes and 5 Venture Classes.
The Utrecht Center for Entrepreneurship (UtrechtCE) is the home of entrepreneurial activity at Utrecht University. It aims to stimulate and develop an entrepreneurial attitude, knowledge and skills in students, lecturers, scientists, support staff and employees. The founding partners of UtrechtCE are Utrecht University (UU), University of Applied Sciences Utrecht (HU) and University Medical Center Utrecht (UMC Utrecht).
Studying at the University of Twente means enterprising studying. Education at the University of Twente revolves around several core principles: a multidisciplinary, project-based approach, student-driven learning in which the needs of the student are the focus. Peer-based learning creates a natural learning environment where the students learn from each other. There is a strong international focus with more than 3,000 international students. UT is a partner of the European network of innovative universities.
Innovative, research-driven and rooted in the number-one knowledge hub of the northern Netherlands, the University of Groningen is an internationally oriented university with 30,000 students. Quality has been the top priority for over four hundred years, and with great success: the University is currently in or around the top 100 in several influential ranking lists.