Beta-i Q&A #1: the new moment

April 29, 2020

New world, new challenges: Kicking off with this post, we’ll be sharing during the next days and weeks some Questions & Answers in a chat with  Beta-i’s CEO, Pedro Rocha Vieira. You’ll get to know more about the big picture of what’s happening at Beta-i right now. A new moment, a 10-years retrospective, our new brand, future scenarios, our startup support and our global reach.

But let’s start by talking with Pedro about this very moment: the breaking news 🙂

 

Pedro, what’s changing at Beta-i and what’s happening under this repositioning and restructuring

Well, after 10 years of hard work in different areas, we managed to fulfil this first-decade mission: we were, and we proudly are a key player in the establishment of an innovation ecosystem in Portugal. We contributed to the mindset transformation process which has been happening in the Portuguese ecosystem over time, and we managed to be recognized as one of the leading startup accelerators in Europe.

However, now we are no longer in the phase of feeding this innovation ecosystem at its base, but rather helping to give it greater strength within the economy as a whole. Lean approaches, new in-company processes and especially, the collaboration between corporates, public services or other institutions with startups is an inescapable movement.

That’s why we’re undergoing this cycle of change, in order to continue to be relevant at a different level. In the last 3 years, we started to work to become a different type of consultancy firm, totally focused on bringing the startup way of working and making business growth to large organizations and vice-versa, as well as deploying our ecosystem building experience on different geographies. We now have clients and projects in almost 20 countries, on 5 continents. This is a matter of fact, not a vision – but to be very honest, this was still not exactly understood by the market. That’s why we are leveraging our approach.

Therefore we reorganized and redefined our areas, focusing essentially on the collaborative innovation territory. We have a team of experts and different frameworks to converge global startups, large companies, universities, researchers, investors, mentors and governments competencies to work on innovation programs and develop pilot projects with impact on the economy.

 

How important is this new positioning in the current context?

We were born in times of crisis and now we are “reborn” again in a new period of crisis – and this evolution was made at the right time to respond to current needs.

If 10 years ago we contributed to the generation of new ideas and entrepreneurship approaches to stimulate the economy, today the challenges are different. It is necessary to connect the old with the new economy in a logic of collaboration and win-win – from facing up and coming competitors as a target to be crushed, to see them as a potential partner. This is a paradigmatic shift. It is necessary to support startups as an economic agent of change, helping them to collaborate with companies. And put companies to collaborate with other companies, too – it’s mandatory to be aware that only together we can build this new future. And we’re all experiencing that, at this very moment, due to the pandemic.

So this Beta-i repositioning ends up giving us the necessary approach to face the current challenges and promoting collaborative innovation where everyone benefits, which naturally also includes the people impacted by the developed solutions.

(to be continued…)