• Credibom reaches a new milestone in its innovation efforts by opening the doors to collaboration with startups, as part of CA Consumer Finance Group initiative “Start & Pulse”.

    We are looking for solutions that can help us boost our innovation efforts and be even more audacious for customers and partners.

    We want to help start-ups speed up their growth and commercial success.

WITH THIS COMPETITION, CREDIBOM IS LAUNCHING AN INVITATION TO STARTUPS.

THE AIM IS TO OPEN OUT TO NEW PLAYERS’ INNOVATIVE APPROACHES IN VIEW OF ENHANCING OUR CUSTOMERS EXPERIENCE AND OPTIMISING THE COMPANY’S OPERATIONS.

WHO ARE WE LOOKING FOR?

Startups with a working prototype or MVP, which can carry out a pilot and provide genuine innovation in terms of technology and/or use, with a direct bearing on the activity of Credibom.

WHAT IS THE OBJECTIVE?

Credibom is on the lookout for solutions that will help it develop its activity by improving the customer experience and optimising the company’s operational or commercial efficiency.

AREAS OF INTEREST

The scope of the call for projects covers several fields connected with the company’s activity that will have a structuring impact on the dynamics and the way of working on Credibom:

Forward Looking – look forward new trends, particularly in the Digital spectrum (e.g. new technologies, external data, etc.)
Customer Experience – Adapt the business processes from a customer perspective, valuing their preferred contact, information gathering and decision-making platforms
Collaboration – Promote a new way of working, inspiring all employees in new formats of sharing and development of networks of access to information
New Products – Developing New Services and Tools

WHAT’S IN IT FOR THE STARTUPS?

  • #NEWBIZ

    Credibom wants to launch an experimental project with selected startups, which could lead to a commercial opportunity.

  • #COACHING

    The team of Credibom, experts in their field, and Beta-I will offer the pre-selected startups intensive, individualized assistance to fine-tune their experimental projects.

  • #NEWOPPORTUNITIES

    Credibom reserves the right to work with more applicants than the ones selected for the Experimentation. They will be put in contact with the appropriate people at Credibom in view of a future collaboration.

  • #SPEED UP YOUR GROWTH

    Credibom aims also to help start-ups speed up their growth and commercial success. Each winner start-up will be entitled to a grant for the experimental project costs (up to €5,000).

TIMELINE

  • Applications deadline

  • Start of Selection process

  • Top 10 startups announcement

  • BOOTCAMP Start

  • BOOTCAMP End

  • Experimentation

FAQ

What are the main themes of the call for projects?

The scope of the call for projects covers several fields connected with the company’s activity that will have a structuring impact on the dynamics and the way of working on Credibom:

– Forward Looking – look forward new trends, particularly in the Digital spectrum (e.g. new technologies, external data, etc.)

– Customer Experience – Adapt the business processes from a customer perspective, valuing their preferred contact, information gathering and decision-making platforms

– Collaboration – Promote a new way of working, inspiring all employees in new formats of sharing and development of networks of access to information

– New Products – Developing New Services and Tools

Is it possible to contact the project team for further details before applying?

Yes, you can write to a specific email address: cristina.tome@beta-i.pt

What role does Cap Digital and Beta-i play in the call for projects?

Cap Digital and Beta-i are assisting Credibom all through the call for projects, from the formulation of the value proposition for start-ups to the selection.

Will the applicants retain intellectual property rights for their solutions?

Applicants will, of course, retain intellectual property rights over their own solutions. As regards solutions co-created by Credibom and applicants, a legal term sheet will be proposed after the winners are selected, and this will provide a framework to settle the question of sharing intellectual property rights. This question will be discussed in negotiations between the start-up and Credibom, or intellectual property will be shared by default.

What are the selection criteria?

Applicants will be evaluated on the quality of both the company and the experimental project with Credibom. Applications will be selected according to their clarity and various criteria including but not limited to:

  • The quality of the company:
    • Quality of the team
    • Maturity level of the solution proposed
    • Soundness of the business model
    • etc…
  • The quality of the experimental project envisaged with Credibom
    • Innovativeness
    • Feasibility
    • Potential (including financial)
    • The start-up’s level of involvement with the project
    • etc…

What is Start & Pulse?

CA Consumer Finance launches « Start & Pulse », a European “open innovation programme” for and with start-ups.

As part of CA CF 2020 strategy and in alignment with Crédit Agricole Group’s global innovation approach, Start & Pulse involves a call for projects from several CA CF entities, following the experience of Sofinco (France) startup contest: Credibom (Portugal), Agos (Italy), CreditPlus (Germany) and the Corporate Center (headquarters).

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