14. Eneco

Europe’s 25 Corporate Startup Stars winner works together with start-ups to foster effective innovations

Sustainable energy supplier Eneco has developed an integrated approach to working with start-ups, through its Innovation and Ventures business unit.

The unit helps early-stage companies and prospective partners to access Eneco and has led to a number of success stories. These include smart thermostat ‘Toon’, which Eneco began working with in 2011 and is now a market leader.

Eneco’s decision to hire a chief innovation officer demonstrates a clear understanding of the value that start-ups can create. The organisation also offers the opportunity for internal projects to become start-ups, and be managed as external investments if there’s a sound business plan in place.

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Image courtesy of SVC2UK CEO Summit 2015.

This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 644104.

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