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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. The results from the UCSF Lean LaunchPad Life Science class showed us that the future of commercialization in Life Sciences is Lean – it’s fast, it works and it’s unlike anything else ever done.
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.
It’s close to de-facto adopting a Lean decision-making process and rapid clearances for things that minimally affect health. It may be the first one built into the watch, but it’s not the first Apple Watch ECG app cleared by the FDA – AliveCor , got over-the-counter-clearance in 2014 and Cardiac Designs in 2013.) The Future.
Our keynote speaker was Palmer Luckey , founder of Oculus and the designer of the Oculus Rift. 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. Presentation Format.
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.
Note: The Hacking for Defense class was designed as “fundamental research” to be shared broadly and the results are not subject to restriction for proprietary or national security reasons. Our primary goal was to teach students Lean Innovation while they engaged in a national public service. Goals for the Hacking for Defense Class.
government is discovering that Lean innovation can help them serve the country better and faster. ” Two of the entrepreneurial programs, which I managed is called the Small Business Innovation Research (SBIR), and the Small Business Technology Transfer (STTR) programs. To get pencils out and sketch along with us.
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. Policy makers need to know: regulations designed to manage big-companies actually protect those companies by stifling innovation (and competition) from startups.
I leaned on a number of people for their advice to come up with what I describe in more detail below. The Treasury Department’s Community Development Financial Institutions Fund is responsible for the NMTC, as well as financial and technical assistance for designated institutions. Expand the Existing SBIR Programs.
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