Incubation at speed: getting telecom start-ups into business
- One of TelecomTV’s favourite issues is around start-ups and the difficulties they encounter in trying to gain entry to the telecom ecosystem
- Late last month we ran a story on the Telecom Infra Project’s TIP Ecosystem Acceleration Centers (TEACs) and their anticipated role in fostering technical innovation
- We talked with Marina Traversari, Global Programme Lead for TEAC, about how to jump the barriers
The TIP idea is to incubate start-ups by providing them with lots of facilities and advice. That may sound like a familiar story (see - How to get your startup into the telecoms ecosystem). but advocates claim the TEAC model has a chance to improve on the performance of past incubators, mostly because it is aimed at fostering disaggregated telecoms technology and focuses on specific projects. These are supposed to turn around quickly, via trials and PoCs, and emerge with a commercial story and a good chance of becoming a part of the global telecoms ecosystem. ( see - Innovation in the Telecoms Ecosystem Part 2).
There are currently three operational TEACs, one each in Germany, Korea and the UK, with more on way. The German TEAC has held a judging day last month and now, after due consideration, five innovative start-ups have been selected to join TIP’s Ecosystem Accelerator Centers.
The five selected start-ups are...
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