Orange Fab, the startup initiative led by Orange Silicon Valley, is announcing a new model for its corporate programme "Fab Force". Launching today, the Fab Force programme is now organized around specific themes each led by Orange Silicon Valley's experts. This new model is tailored to maximize the engagement between startups and corporations leading to strategic partnerships and investment.
Fab Force was first introduced in 2014 as an alliance of global Fortune 500 corporations looking for greater access to Silicon Valley ecosystem. It supported the mission of the Orange Fab accelerator programme by connecting startups to a larger number of corporations.
Fab Force members today benefit from the programme by accessing insights and expertise provided by Orange Silicon Valley's analysts, as well as the shared knowledge among members, mentors, VCs, angels, and startups in the Orange Fab online platform.
Upon joining the Fab Force programme, corporate partners select specific thematic tracks called 'councils' to engage. Currently, Fab Force offers 9 councils of exploration such as Fintech, Connected Vehicles, Smart Cities, and more.
"The new Fab Force programme model brings focus and expertise to our corporate members. It is optimized for engagement with the startups and the Silicon Valley ecosystem, our analysts, as well as with other Fab Force corporate members," explains Guillaume Payan, Orange Fab lead.
In addition to launching a new annual partnership programme model, Fab Force is also welcoming a new partner: Mazars. The audit and advisory firm will be participating in the Fintech council in order to share knowledge with Orange Silicon Valley's analysts and startup network. "We are delighted to begin our new partnership with Orange Fab through Fab Force. Exploring Silicon Valley innovation is essential to keeping our business agile and aware of emerging and useful technologies," said Reza Joomun, Partner at Mazars Transaction Services.
Other members of the Fab Force programme include TF1, Total, and Geopost.
About Orange Fab:
Orange Fab US is a platform dedicated to facilitating growth opportunities for Silicon Valley startups. It focuses on connecting innovative startups with our corporate partners for proof-of-concept projects, distribution, or investment opportunities utilizing an onsite team of industry analysts, online content platform, CVC network, and thought leadership events.
Orange is one of the world's leading telecommunications operators with sales of 40,9 billion euros in 2016 and 154,000 employees worldwide at 31 March 2017, including 95,000 employees in France. Present in 29 countries, the Group has a total customer base of 265 million customers worldwide at 31 March 2017, including 203 million mobile customers and 19 million fixed broadband customers. Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the brand Orange Business Services. In March 2015, the Group presented its new strategic plan "Essentials2020" which places customer experience at the heart of its strategy with the aim of allowing them to benefit fully from the digital universe and the power of its new generation networks. Orange is listed on Euronext Paris (symbol ORA) and on the New York Stock Exchange (symbol ORAN). For more information on the internet and on your mobile: www.orange.com, www.orange-business.com or to follow us on Twitter: @orangegrouppr.
This press release originally appeared on PR Newswire.