Remove Business Model Remove Government Remove SBIR
article thumbnail

Reinventing Life Science Startups – Evidence-based Entrepreneurship

Steve Blank

What we found is that during the class almost all of them pivoted - making substantive changes to one or more of their business model canvas components. Both of these groups, those who took the Innovation Corps class and those who didn’t, applied for government peer-reviewed funding through the SBIR program.

SBIR 321
article thumbnail

Grant Applications Often Provide Early-Stage Funding

Startup Professionals Musings

This process costs money, which professional investors are not willing to contribute, since their interest is in scaling a proven product and business model into a growth business. Acquiring seed-stage funding is admittedly tough, but a source that I find often overlooked is government grant funding, accessible in the U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Hacking for Defense @ Stanford 2021 Lessons Learned Presentations

Steve Blank

The trick is we use the same Lean LaunchPad / I-Corps curriculum — and the same class structure – experiential, hands-on– driven this time by a mission -model not a business model. Few consider opportunities to make the world safer with the Department of Defense, Intelligence community or other government agencies.

Lean 417
article thumbnail

The Apple Watch – Tipping Point Time for Healthcare

Steve Blank

government via Centers for Medicare & Medicaid Services (CMS). The other interesting observation: Unlike other medical device companies, Apple’s current Watch business model is not dependent on getting insurers to pay for the watch. Much like the NIH SBIR program.) In the U.S. and/or the U.S. The Future.

China 67
article thumbnail

Hacking for Defense @ Stanford 2020 Lesson Learned Presentations

Steve Blank

And the trick is we use the same Lean LaunchPad / I-Corps curriculum — and kept the same class structure – experiential, hands-on, driven this time by a mission -model not a business model. Few consider opportunities to make the world safer with the Department of Defense, Intelligence Community or other government agencies.

Oakland 315
article thumbnail

Office of Naval Research (ONR) Goes Lean

Steve Blank

Prioritization : Once a list of innovation ideas has been refined by curation, it needs to be prioritized using the McKinsey Three Horizons Model. Horizon 1 ideas provide continuous innovation to a company’s existing business model and core capabilities. government federal research agencies to turn ideas into products.

Lean 250
article thumbnail

Hacking for Defense @ Stanford 2019

Steve Blank

And the trick is we use the same Lean LaunchPad / I-Corps curriculum — and kept the same class structure – experiential, hands-on, driven this time by a mission -model not a business model. Few consider opportunities to make the world safer with the Department of Defense, Intelligence Community or other government agencies.

Oakland 281