We work with hundreds of ideas per year coming from different sources: partly, we work with universities and research centers to identify state-of-the-art technologies that can be exploited to create commercial solutions; however, we are also open to gather ideas from the ecosystem and from those among us who have a vision but no time to execute.

What makes the difference with 5xUP is that we analyze all these ideas and rank them for market value potential, sustainable impact, availability of talent, among other factors; then we pick the 25 highest ranked ideas per year and we validate them.

At this stage, 5xUP will incorporate a standalone legal entity and retain 30% of the shares, while the founders in residence will receive and split among themselves the remaining 70%.

As a corporate co-founder, the role of 5xUP will be to provide fractional competences (legal, admin, marketing, design, sales, etc.) to the startup founding team, but also to invest directly into the startup (the role of our Backers) and help the team to raise further capital from external investors.