Halifax MP Andy Fillmore announced the funding at a reception at Volta on Wednesday. He said the money will fund a one-year pilot program that will include programing delivered by Accenture.
Innovation outposts are becoming common features in startup hubs around the world, and are places where traditional businesses can have an innovation office away from corporate headquarters. The idea is that these remote employees can come up with innovations for the parent company and interact with the brainboxes who work at the nearby startups. The goal is to benefit both the startups and traditional businesses.
Volta opened its Innovation Outpost two years ago and has attracted the Atlantic Lottery Corporation, the Government of Nova Scotia and now Accenture as participants.
"Programs that foster relationships between large companies and growing startups are crucial to bolstering the region’s global competitiveness,” said Volta CEO Jesse Rogers in a statement. “Strengthening connections between corporations and startups will not only lead to new ideas and product developments but also further establish the region as a global destination for innovation.”
The addition of Accenture will bring a new dimension to the outpost because the consultancy will offer programs to improve the skills of entrepreneurs in the startup house. This is something that Accenture is doing on a national and global basis by participating in programs at such innovation hubs as Silicon Dock in Dublin. What’s more, the Volta office will be connected with a network of Accenture innovation outposts across Canada.
Accenture’s Innovation Outpost will be headed by Christine Hamblin, a veteran of the startup community and graduate of St. Mary’s University’s Master of Technology, Entrepreneurship and Innovation program.
“Companies that embrace innovation and harness the power of disruption are better positioned for long-term growth,” said Claudia Thompson, Accenture’s Managing Director of Health and Public Service. “Accenture is pleased to deliver a curriculum presenting new, innovative ways of thinking to guide Atlantic Canadian companies on their innovation journey and solve their most significant challenges.”
Disclosure: Volta and ACOA are clients of Entrevestor.