Get Focused: 1776 President Peter Cherukuri on Better BigCo-Startup Collaborations

Startups often want to engage with big companies. And big companies know that startups are developing business models and technologies that will impact their industry.

So where do things go wrong?

We put that question to Peter Cherukuri, President and Chief Innovation Officer of 1776, the Washington, D.C.-based startup incubator that focuses on complex, highly-regulated industries like healthcare, education, energy, and transportation.

One snafu that big companies often encounter, Cherukuri says, is that they start talking to startups before they’ve created a process for getting their business units to spell out real-world challenges they’re grappling with, or a process to run pilots with startups.

Highlights from our recent conversation are below.

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