EDENRED S.A.: Edenred launches Edenred Factory, its internal start-up incubator
13 Décembre 2017 - 9:54AM
Press
release
December 13, 2017
Edenred launches Edenred Factory, its
internal start-up incubator
Edenred is
launching Edenred Factory, an international intrapreneurship
program that invites the Group's employees to become entrepreneurs
by supporting innovative and high-potential start-up projects. In
March 2018, the Group Executive Committee will select two
applications that will then be incubated for 6 months. An
initiative in perfect harmony with Edenred's global innovation
strategy.
From December 2017 to February
2018, Edenred employees based in Europe, Brazil, Turkey and at
Group's head office can submit their start-up projects in the
Group's two main business lines:
Employee Benefits and Fleet & Mobility Solutions. In March
2018, the candidates will present their pitches to the Group
Executive Committee, which will select two projects for further
development between April and September 2018.
The winning intrapreneurs will be
entitled to a temporary assignment during the 6-month incubation
period, so that they can work full time on their projects. They
will be hosted at Edenred's head office, where they will receive
support and advice from the Innovation teams and a digital
consulting firm.
The two projects will be assessed
after the 6 months of incubation. Depending on their level of
potential, the projects will be deployed at Edenred, or will
benefit from an excubation in the form of an independent business
unit.
A new step
forwards in Edenred's innovation strategy
As a precursor of open innovation,
Edenred has developed a global system that anticipates trends and
explores the ecosystems close to its core business.
The Group has been working with
the Partech Ventures investment fund since
2011 by supporting young and fast-growing companies involved in the
digital economy : new Internet services, e-commerce, e-marketing,
new means of payment, online and mobile services (e/m/s-commerce,
logistics, recruitment, education, healthcare, etc.) and tech
adoption (connectivity, marketing and other hi-tech
applications).
In 2012, Edenred founded Edenred Capital Partners, its own Corporate Venture
Capital initiative, with a view to acquiring minority stakes,
usually in the form of co-investments with other funds, in
innovative projects with a high growth potential positioned in
areas close to the Group's businesses. In France, Edenred Capital
Partners has invested in La Compagnie des Cartes Carburant, Lucky
Cart, ProwebCE, Zenchef, Ouiteam and Addworking, and in LaunchPad
Recruits and Beamery in the UK.
"Edenred was well
established in the start-up sector already through its partnerships
with Partech Ventures and Edenred Capital Partners. Edenred Factory
will allow disruptive ideas to emerge internally, with a high
potential for the Group, and will convert them into concrete
projects. It combines the agility of a start-up with the power of a
world leader in its field of business. Edenred Factory is the
latest step forwards in this global strategy" points out Elie
du Pré de Saint Maur, Executive Vice President, Marketing and
Strategy.
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Edenred is
the world leader in transactional solutions for companies,
employees and merchants. Whether delivered via card, mobile app,
online platform or paper voucher, all of these solutions mean
increased purchasing power for employees, optimized expense
management for companies and additional business for affiliated
merchants.
Edenred's offer is built around three business lines:
-
Employee benefits (Ticket Restaurant®, Ticket
Alimentación, Ticket Plus, Nutrisavings, etc.)
-
Fleet and mobility solutions (Ticket Log, Ticket
Car, UTA, Ticket Empresarial, etc.)
-
Complementary solutions including corporate
payments (Edenred Corporate Payment), incentives and rewards
(Ticket Compliments, Ticket Kadéos) and public social
programs.
The Group brings together a unique
network of 43 million employees, 750,000 companies and public
institutions, and 1.4 million affiliated merchants.
Listed on the Euronext Paris stock exchange and part of the CAC
Next 20 index, Edenred operates in 42 countries, with close to
8,000 employees. In 2016, the Group managed almost €20 billion in
transactions, of which 70% were carried out via card, mobile device
or the web.
The logos and other trademarks
mentioned and featured in this press release are registered
trademarks of Edenred S.A., its subsidiaries or third parties.
They may not be used for commercial purposes without prior written
consent from their owners.
Follow Edenred on Twitter:
www.twitter.com/Edenred
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CONTACTS
Media Relations
Anne-Sophie Sibout
+33 (0)1 74 31 86 11
anne-sophie.sibout @edenred.com
Anne-Sophie Sergent
+33 (0)1 74 31 86 27
anne-sophie.sergent@edenred.com
Matthieu Santalucia
+33 (0)1 74 31 87 42
matthieu.santalucia@edenred.com |
Investor and Shareholder Relations
Solène Zammito
+33 (0)1 74 31 88 68
solene.zammito@edenred.com
Loïc Da Silva
+33 (0)1 74 31 87 09
loic.dasilva@edenred.com
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CP_EdenredFactory_ENG_131217
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information contained therein.
Source: EDENRED S.A. via Globenewswire
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