Identifying, shaping and scaling new ventures is a pathway to growth that is far superior than the results achieved through incremental growth, and many companies choose to take that route when it comes to innovation.

At Nosco, we are strong believers in the power of employees in discovering, incubating and accelerating new ventures. Our venture challenge helps identify and assess business and innovation opportunities, build a team around the most promising opportunities, and help incubate and accelerate the new ventures. The result is rapid validation of opportunities, enabling the company to quickly get to the next decision point. Compared to regular development processes, the venture challenge is an effective means of exploring a wide range of opportunities fast and without the need for extensive upfront investment. The collaborative approach allows companies to explore multiple opportunities simultaneously, increasing the likelihood of identifying viable and impactful opportunities.