Why we do what we do
We strongly believe that innovation is a question of forming the right alliances and reaching out to new partners
The world is changing faster than ever
- The digital revolution has created new opportunities for businesses and consumers.
- Globalization has opened up new markets and connected the world in a faster and more efficient way
- Sustainability has become a major concern and the way we deal with natural resources calls for new ways of thinking and innovative products
These global dynamics have changed the way public opinion is shaped, how new ideas are developed and how businesses in the 21st century operate.
Existing business models are challenged
- Established companies need to figure out new ways of how products are marketed and how consumer decisions are made
- The “old economy” is under constant pressure to innovate, but it is difficult to attract the brightest young minds as they are getting more interested in working for hip startups than in the hierarchical structures of corporations
- R&D and innovation departments in established companies are not able to redesign business models as fast as the markets are moving and consumer needs are changing
This calls for new ways of designing innovation processes based on novel forms of collaboration.
Our Solution:
Innovating business models in 4 steps
Our process is designed to provide a comprehensive and thought-out service with the goal of bringing innovation to our clients
Defining innovation needs
The point of departure is always based on your challenges. Together we define the objective of our search, start-up profiles and cooperation goals.
Global Startup Scouting
Based on your needs and criteria, we conduct a systematic, global search for innovative startup business model. For the search we apply Open Innovation methodology together with our content partner winnovation.
Screening and Filtering
You receive a structured output of startups, screened and filtered according to set criteria. This overview serves as basis for decision-making in order to define next steps.
Facilitating cooperation
Cultural differences play a huge role when it comes to startups and corporations. Understanding both worlds is our key competence and therefore an essential pre-requisite for a fruitful exchange means enabling an exchange on eye level. Only then can we create real win-win- situations.
Max-F. Scheichenost, Alps Ventures, Singapore
In the 21st century it is of utmost importance to stay innovative and catch the next technological wave at an early stage. We are setting up innovative companies in Europe and Asia and fully depend on partnerships with corporations to elevate our companies to the next level. I can highly recommend NVS and we are absolutely satisfied to have NVS as trustworthy and long-term partner to help us bridge this gap.
Our Expertise
We bring a variety of experiences and competences to the table
Worldwide network
We cooperate with a worldwide network of scouts that are located in the most vibrant startup communities and provide us with a direct link to startups in their respective hubs.
Experience in both worlds
Our team has a profound experience in corporate, startup, not-for-profit and public service organizations, thus putting us in an ideal spot to really understand the needs, language and culture of our clients and partners.
Open Innovation methodology
We apply Open Innovation methodology in order to find the best startups and design beneficial cooperation frameworks. Our partnership with winnovation GmbH gives us the ability to work with experts in this field.
Our Team & international Scouts.
Our scouts are located in the most vibrant startup communities and provide us with a direct link to startups in the respective hub.
Werner Wutscher,
Founder and managing Director
Werner Wutscher has many years of experience in top management positions in public service administration and corporate management. In the last few years he has invested in startups and shared his knowledge and experience as a Business Angel („Austrian Business Angel of the Year 2012“). Understanding both worlds puts him in an excellent position to bridge the gap between corporations and startups. Besides his function as managing director at New Venture Scouting, he works as a coach, supporting top managers with their personal development.
Supervisory Board Functions
- Investment Committee AWS Mittelstandsfonds (Investment Fonds by the Austrian Business Agency)
- Austrian Cooperative Research (ACR)
Board Functions
- European Forum Alpbach
- National Park Hohe Tauern – Vice President of the Association “Friends of Hohe Tauern National Park”
- Universität Klagenfurt – President of the University Council
Advisory Board Functions
- Startup Council Austria
- Austrian Angel Investor Association
- CEOs FOR FUTURE
- UNIQA private foundation
- Umdasch Group, The Store Makers
- Aurora (Alliance of European Universities)
Investments
Interactive Paper, Prive Technologies, Drainbot, Doctorpage, RVP
Matthias Berger,
Project Management and Junior Consultant
Prior to his position at New Venture Scouting, Matthias Berger worked in management consulting, more specific in the people and culture area. Furthermore, he was part of a few independent consulting projects for small and medium sized companies. He holds a degree in Business Psychology from Stuttgart Technology University of Applied Sciences and did parts of his studies at the Edinburgh Napier University. Currently, he is completing his master’s programme in business administration at the University of Vienna. At New Venture Scouting he is responsible for project management.
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Elisabeth Gumpenberger,
Project Management and Senior Consultant
Elisabeth has got long-standing experience in managing Open Innovation projects with organizations and clients from both the private and public sector. She is very passionate about facilitating all kinds of workshops, including co-creation workshops, business model innovation and strategy development and believes in the power of collaboration for innovation. In early 2021 Elisabeth co-founded an organic grocery store and therefore knows first-hand what it means to develop a business idea into a start-up. Prior to her role in Open Innovation, Elisabeth worked for a multinational in the paper and packaging industry. She holds MA degrees in Chinese Studies and Development Studies from Vienna University. At New Venture Scouting she takes care of project management, workshop design and key account mentoring in the LBG Innovator’s Road Programme.
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Our Network Partners
There are many organization active in the field of entrepreneurship and innovation and we count ourselves lucky to cooperate with the following partners
