Venture Building In A Protected Space: Tips From Establishing BASF’s Chemovator

Lost In Transformation

What does the journey look like of creating a new incubation program under the protection and the boundaries of an established entity? We talked to Markus Bold and Bjoern Heinz, Managing Director and Deputy Managing Director of the Chemovator, the business incubator of BASF, the world’s largest chemical producer. Tune in for the full story on driving intrapreneurship, on the important role of external entrepreneurs on the journey, and to find out which ventures they currently have in their portfolio.

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1. Venture Building In A Protected Space: Tips From Establishing BASF’s Chemovator (00:00:00)

2. The forming principles of Chemovator (00:07:11)

3. Why we should include experienced entrepreneurs in an incubator program (00:09:01)

4. An internal incubator's role to nurture unconventional business opportunities (00:12:57)

5. Starting from scratch - building a startup internally (00:16:40)

6. Having the right people on board to make it all work (00:19:47)

7. Successful new venture examples from the Chemovator portfolio (00:21:40)

8. From corporate to startup: Changing mindsets and training people (00:27:17)