Corporate Entrepreneurship group capitalises on ideas

To encourage corporate entrepreneurship, Cargill, a US agriculture products and services company, established its Emerging Business Accelerator (EBA). The EBA provided a clearly defined process for pursuing opportunities outside of the scope of existing business. For promising opportunities, the EBA developed a high-level plan, performed due diligence, recruited talent and, with director's approval, provided capital and monitored progress. Project teams refined the concept, business model and ma...

BPIR Categories

2.1.4 Assess new technology innovations
4.1.1 Identify market segments & target customers
3.2.1 Translate customer needs into product requirements
8.2.2 Create an environment for empowerment/innovation
9.7.1 Encourage employee involvement and feedback