NEW VENTURES

Since 2000, 52% of fortune 500 companies have “gone bankrupt, been acquired, or ceased to exist” due to digital disruption, an 75% of S&P companies will be replaced by 2027, according to Harvard Business Review.

There is currently a gap in skills and experience regarding our future leaders of the company.  Our current leadership has honed their skills through organic growth and opportunities which have taken most 10+ yrs. to master.

We have a need to grow our bench of Intrapreneurial Thinkers / Managers. We need to move beyond the usual 10 + suspects within this global organization that can develop innovative ideas, evaluate those ideas with the market and pitch to leadership.

The New Venture Accelerator Program is focused on the need to grow our talent pool of entrepreneurial employees as well as curate a pipeline of new business ideas for the SS&C Tech Accelerator

The program has four main goals:

• Encourage cross collaboration across the business units.

• Develop and empower future leaders of our business groups through exposure to entrepreneurial education, mentorship, and opportunities to develop those skills in a hands-on structured training program.

• Produce marketable new venture ideas that positively contributes to topline of the Advent business units and feeds the SS&C Tech Accelerator.

• • Develop an alum of intrapreneurs who can lean on and learn from each other as they progress their careers at Advent.

Develop & Launch a New Venture Accelerator training program which is a vehicle for SS&C tech acceleration + development opportunities for employees.

A New Venture Accelerator program will focus on developing entrepreneurial skills and putting those skills to work through a structured real-world curriculum.

Alumni of this program are encouraged to grow their ideas for funding by the Tech Accelerator.

The Venture Accelerator program is modeled off well-established tech accelerators (e.g., YCombinator / Techstars) leveraging the concept of cohorts, mentoring and collaborative learning.

We run a yearly co-hort of up to 10 individuals.  We expose the participants to Business modeling, Financials and how to pitch their ideas.  Alumni have taken several of their ideas to market.