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Today the National Institutes of Health announced they are offering my Lean LaunchPad class ( I-Corps @ NIH ) to commercialize Life Science. 110 researchers and clinicians, and Principal Investigators got out of the lab and hospital, and talked to 2,355 customers, tested 947 hypotheses and invalidated 423 of them.
We’re going to test this hypothesis by teaching a Lean LaunchPad class for Life Sciences and Health Care (therapeutics, diagnostics, devices and digital health) this October at UCSF with a team of veteran venture capitalists. The teams that took the Lean Launchpad class – get ready for this – had a 60% success rate.
This was followed by an 8-minute slide presentation describing their customer discovery journey over the 10 weeks. While all the teams used the Mission Model Canvas , (videos here ), CustomerDevelopment and Agile Engineering to build Minimal Viable Products, each of their journeys was unique.
This was followed by an 8-minute slide presentation describing their customer discovery journey over the 10-weeks. All the teams used the Mission Model Canvas , (videos here ) CustomerDevelopment and Agile Engineering to build Minimal Viable Products, but all of their journeys were unique.
With that SBIR-Phase 1 funding the teams were trying to establish the technical merit, feasibility, and commercial potential of their technology. I created the I-Corps/Lean LaunchPad® syllabus/curriculum, and with guidance from Allan May, Karl Handelsman Abhas Gupta and Todd Morrill adapted it for Life Sciences/Health Care/Digital Health.
Followed by an 8-minute slide presentation follow their customer discovery journey over the 10-weeks. All the teams used the Mission Model Canvas , CustomerDevelopment and Agile Engineering to build Minimal Viable Products, but all of their journeys were unique. All the presentations are worth a watch. Team: Panacea.
After seeing the results of 500+ teams through the I-Corps, the NSF now offers all teams who’ve received government funding to start a company an introduction to building a Lean Startup. SBIR/STTR Program and Startup Seed Funding. The SBIR/STTR program represents a critical source of seed funding for U.S. The SBIR/STTR program.
Each of their slide presentations follow their customer discovery journey. All the teams used the Mission Model Canvas , CustomerDevelopment and Agile Engineering to build Minimal Viable Products, but all of their journeys were unique. The teams presented in front of several hundred people in person and online.
government is discovering that Lean innovation can help them serve the country better and faster. So essentially, the government invests in both (research), and (development).” Filed under: CustomerDevelopment , SiriusXM Radio Show. Send an email to terri@kandsranch.com describing your entrepreneurial journey.
Beyond just those who will be hearing about the lean startup for the first time, Im expecting to shake a lot of hands and have a lot of interesting side conversations. In many cases I look at an SBIR and say "how about I just build that and sell it to you when it's done," but that is unrealistic today. Expo SF (May.
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