The main target group for the fasthub program concerns employees of the whole Bosch organization that are passionate about innovations and bringing them into the market.
The fasthub program incorporates acceleration and incubation outstandingly in one platform. Innovation teams get the chance to work out new business ideas connected to the Bosch Powertrain Solutions organization until market entry.
The fasthub program is also set-up to have the possibility to stop working on not promising business ideas in early stages. Within the 100-day acceleration, teams get the chance to receive customer feedback rapidly to validate potential market success. Having passed the acceleration, the teams are empowered to work in a start-up mode, are equipped with financial resources, and get the chance to iterate their business model until scaling.
- The fasthub team decides who will participate the entry pitch event in order to be part of the program.
- A jury, consisting of the Bosch Powertrain Solutions top management decides at the pitch event on placing their investment on which team. They also have the role as mentors supporting the teams along the fasthub journey.
We are open to cooperate with different external companies along the whole fasthub journey. External partners have supported in the field of ideation & scouting, research and business modelling. The external view enables us to widen our perspectives and learn continuously.