Remove Business Model Remove Customer Development Remove Design Remove Incubator
article thumbnail

The Government Starts an Incubator: The National Science Foundation Innovation Corps

Steve Blank

They launched an incubator for the top scientists and engineers in the U.S. 63 scientists and engineers in 21 teams made 2,000 customer calls in 8 weeks , turning laboratory ideas into formidable startups. The Innovation Corps – Using the Lean LaunchPad as an Incubator for Scientists and Engineers. This week we saw the results.

Incubator 301
article thumbnail

10,000 Startups – Startup Weekend Next

Steve Blank

The class teaches founders how to dramatically reduce their failure rate through the combination of business model design, customer development and agile development using the Startup Owners Manual. And you’ll learn about how to build a minimal viable product to get feedback early and often from customers.

Startup 335
Insiders

Sign Up for our Newsletter

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

article thumbnail

Lead and Disrupt

Steve Blank

Try innovating inside a large company where 99% of the company is executing the current business model, while you’re trying to figure out and build what comes next. And they also recognize that simply exploiting their existing assets, capabilities, and business models is insufficient for long-term survival.

Incubator 402
article thumbnail

Qualcomm’s Corporate Entrepreneurship Program – Lessons Learned (Part 2)

Steve Blank

With hindsight we should have had “proof of concepts” tested in a corporate center (think ‘pop-up incubator’) where they would do extensive Customer Discovery. We should had done this before assigning the teams to a particular business unit (or had the ability to create a new business unit, or spin the team out of the company).

article thumbnail

Why Real Learning is Outside the Building, Not Demo Day

Steve Blank

Over the last three years our Lean LaunchPad / NSF Innovation Corps classes have been teaching hundreds of entrepreneurial teams a year how to build their startups by getting out of the building and testing their hypotheses behind their business model. Filed under: Customer Development , Lean LaunchPad , Teaching.

Lean 315
article thumbnail

How companies strangle innovation – and how you can get it right

Steve Blank

They accomplished their goal, but at a huge, unanticipated cost: the processes and committees they designed ended up strangling innovation. An existing company or government organization is primarily organized for day-to-day execution of its current business processes or mission. There’s a much better way.

Incubator 312
article thumbnail

When It’s Darkest Men See the Stars

Steve Blank

In addition to super angels, incubators like Y Combinator , TechStars and the 100+ plus others worldwide like them have begun to formalize seed-investing. The emergence of incubators and super angels have dramatically expanded the sources of seed capital. While companies execute business models, startups search for a business model.