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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. Specifically, I often point to the NSF or the Small Business Innovation Research (SBIR) program for high-tech startups.

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Why Lean May Save Your Life – The I-Corps @ NIH

Steve Blank

you make substantive changes to one or more parts of your initial business model, and this new data affects your biological and clinical hypotheses. It’s open to NIH SBIR/STTR Phase 1 grantees. Program Director/Principal Investigator (PD/PI): The assigned PD/PI on the SBIR/STTR Phase I award.

Lean 277
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Technology, Innovation, and Modern War – Class 5 – Chris Brose

Steve Blank

We built up a system to produce a certain type of military power at a time when that whole business model is being disrupted and undermined — much as Blockbuster Video’s business model was undermined by Netflix and Apple. Disruptive Technology.

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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
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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. Mission-driven entrepreneurship is the answer to students who say, “I want to give back.

Lean 416
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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. Mission-driven entrepreneurship is the answer to students who say, “I want to give back.

Oakland 314
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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.

Lean 247