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In five years time, entrepreneurship platform Gumption has guided 14 start-ups to maturity. The early-stagers grew up to booming businesses. Gumption invests in the starters and supports them so that they can focus on what really matters - employees, customers, services and solutions.
Gumption helps entrepreneurs in many ways: through financial support, coaching, business development, shared services and housing. As a result, entrepreneurs can concentrate on their core mission: doing business and growing sustainably. They call upon Gumption’s experience and advice when they need it. In 2012, Gumption started its activities in Belgium. In October 2013, it extended its operations into Luxembourg. The Netherlands followed in February 2016.
Cross-pollination and co-creation
Today, new ecosystems are emerging, in which small organizations make the difference. That’s exactly what Gumption is aiming for. It actively stimulates cross-pollination between the group companies, and co-creation with their customers. Sharing specialist knowledge often leads to silo-breaking ideas around business challenges. Some examples:
An e-commerce integrator calls in the help of a supply chain architect to provide advice about in/outsourcing of e-fulfillment activities, inventory management, return management and administrative processes.
A BI expert realized an interesting co-creation process with a client who wanted to improve customer intimacy and sales/presales effectivity. The project started out as a classic business intelligence assignment for one client, but resulted in a software-as-a-service solution for a whole sector.
A gamification specialist makes learning pathways fun and effective. Another Gumption company focuses on value chain improvement. Together, they introduced the gamification expertise in a food business to assist people in achieving certifications.
Gumption believes in asset-based consulting: advice supplemented with tools, solutions, and best practices. By adopting a a 360° view, they want to be the sparring partner and source of inspiration for business and IT executives.
Bart Embrechts, founder and CEO of Gumption, has more plans for the future. Today, more than 300 collaborators are working for the group companies. In the next 3 years, the number of co-workers should rise to 400.
Gumption in Luxembourg
In Luxembourg, Gumption currently supports 3 brands: Bmatix, V-Chain and TheValueChain. Start-up mobilu withdrew from the group in 2016 after a successful coaching and support process. Gumption Luxembourg is managed by Philippe Hamtiaux, co-founder of E-Chain Management (2005), later acquired by Ordina Luxembourg.
You can follow the Gumption group on LinkedIn, Twitter and Facebook.