our incubator powers the group and partner companies
After we lost the battle for the digital diary to Microsoft on the desk and Nokia in the pocket, we vowed never to be out-innovated again.
In the early 2000’s we set up a private incubator. It enables repetitive, sustainable innovation, develops new business lines and diversifies the group. Today we call it Letts Incubate.
We created an incubator methodology called Innov@te™. It makes all the difference.
‘Letts Incubate is currently developing an ambitious new approach to biodiversity development and ecotourism, a next generation art commerce platform and Media-as-a-Service (MaaS).’Philip Letts
Letts Incubate also helps partner organisations to incubate new innovations and we are developing an incubation centre in the southwest of England.
Letts Incubate partner companies include Beenz, the web currency, Surfkitchen, a provider of smartphone desktops and blur Group, the online creative services network.
Letts incubated partner companies were valued, in aggregate, at over $1 billion at their peak.
To further enhance innovation at Letts Group we established a private thinktank called Surviving. Our analysts and researchers help us to look around corners and predict future trends and opportunities.
We launched a publication for Surviving which helps business leaders to explore new thinking. They join a community and dialogue around change and innovation.Subscribe to Surviving.
Get in touch if you are interested in finding out more about Letts Incubate.