WECO Ventures

WECO Ventures is an organization that builds startups using its own ideas and resources. It operates similarly to a tech startup, where its product is the venture and the business model serves as the prototype. The organization employs methodologies such as Lean Startup, Design Thinking, and Agile principles in its venture building process. WECO Ventures leverages a network of seasoned entrepreneurs and experts to share resources, which are then converted into joint ventures in areas where partners have a competitive advantage. The organization engages in five core activities: identifying business ideas, building teams, finding capital, helping govern or manage ventures, and providing shared services.

WECO Ventures focuses on building startups rather than merely investing in them. It does not operate like traditional venture capital firms, which invest in existing teams and ideas. Instead, WECO Ventures is deeply involved in the creation and growth of its ventures, generating ideas internally and assigning teams to develop them. The organization aims to fill the funding gap for early-stage startups by providing expertise, shared services, and a supportive ecosystem, allowing startups to accelerate their initial stages.

Founders working with WECO Ventures benefit from a comprehensive support system that includes access to expertise, shared services, and a collaborative network of seasoned entrepreneurs. The organization is deeply involved in the startup creation process, providing guidance and resources to help accelerate growth and navigate the challenges of early-stage development.