Sustainable Digital Finance – Accelerate Radical Innovations

Welcome

Innovation Booster

SUSTAINABLE DIGITAL FINANCE

Accelerating radical innovations that foster sustainability in the financial industry by harnessing technology
Official Innovation Booster
by Innosuisse – Swiss Innovation Agency

ABOUT

Our Goals

What is the Innovation Booster's Goal?

Accelerate Radical Innovations

We aim to accelerate radical innovations that foster sustainability in the financial industry by harnessing technology.

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Connect Innovation Ecosystem

We are an innovation ecosystem consisting of all relevant partners in Switzerland, including relevant research institutions, industry and public partners.

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Boost Transition

Our mission is to boost the transition to a sustainable financial sector through joint innovations. In a multistage bottom-up, agile process the IB generates solution approaches with real impact and economic benefits for implementation partners.

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Who are we?

Get to know our consortium and partners

Alliance Members

LEADING HOUSE

ALLIANCE Members

Network Partners

Leading House

Thomas Puschmann

Thomas Puschmann

Prof. Dr.
Executive Director

Stanford University &
University of Zurich

Byung-Jun Kim

Byung-Jun Kim

Ph.D. Candidate &
Managing Director

University of Zurich &
Green Fintech Network (CH)

Consortium Executive Board

Jury Committee

Why Ideation?

Ideation becomes increasingly important!

Ideation will become the most important element in innovation since competition increases across all sectors and industrial boundaries are becoming increasingly blurred (ecosystems).

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However,

Companies spend only around 15% on average on their overall R&D budget on ideation

Therefore,

Our focus is on ideation for radical innovations.

We integrate ALL relevant stakeholders over a simgle platform and aims at developing and co-creating novel approaches that are both innovative AND meet policy and regulatory requirements.

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Webinar

Application Process

You have an innovative idea and want to accelerate it?
Then submit your idea here and apply for a funding of min. 20’000 CHF!

1. Call for Applications

Webinar INTRO

Individuals and teams from across Switzerland are invited to submit their applications.

Applicants take part in an innovation workshop organized by the IB.

  • Introduction to Design Thinking
  • Q&A Session

2. Application Submissions

Workshop BASICS (1-day semi-hybrid)

Ideas are submitted on the website by individuals and teams that are based in Switzerland. Only applicants that participated in the workshop can submit ideas.

Ideas are evaluated and selected by the IB jury.

  • Practical application of Design Thinking and Lean Canvas
  • Create a Pitch

3. Pitching Days

Workshop UPDATE

Ideas are further developed by support from IB.

Teams pitch ideas in front of jury

Idea funding of 20’000 CHF decision by jury plus evtl. co-investments. Co-investments are possible over the innovation platform.

  • Update Lean Canvas and critical reflection on your own project
  • De-risking and definition of experiment
  • Optional: Q&A Session

4. Idea Development

Workshop LEAN START-UP

The ideas are further developed by the teams together with support by the IB.

  • Lean start-up, business model analogies and transition to the business model canvas Update Lean Canvas and critical reflection on your own project
  • Introduction of agile product development (Incl. agile product engineering)
  • Optional: Q&A Session

Application related information

Who is eligible for application?

Applicants are individuals or teams from Switzerland with…
• an idea to develop a new product, service, process or business model.
• an idea that aims to make a positive impact on sustainability in the financial sector or has a strong relationship to banking, finance or insurance.
• the willingness to co-create ideas in a team.
• the intention of implementing the solution in Switzerland and beyond after the Innovation Booster program.

What are the selection criteria?