Remove Business Model Remove Government Remove SBIR Remove Venture Capital
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.

article thumbnail

Lessons for the DoD – From Ukraine and China

Steve Blank

For decades, satellites that took detailed pictures of Earth were only available to governments and the high-resolution images were classified. government satellite in orbit. They know this and know that weapons that can be built at a fraction of the cost and upgraded via software will destroy their existing business models.

Ukraine 277
Insiders

Sign Up for our Newsletter

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

article thumbnail

Doubling Down On a Good Thing: The National Science Foundation’s I-Corps Lite

Steve Blank

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. small businesses to turn Government-funded research into commercial businesses.

SBIR 120
article thumbnail

Office of Naval Research (ONR) Goes Lean

Steve Blank

He wanted to build an innovation pipeline that would allow the Navy to: Create “dual-use” products (build solutions that could be used for the military but also sold commercially, and attract venture capital investments.) Horizon 1 ideas provide continuous innovation to a company’s existing business model and core capabilities.

Lean 212
article thumbnail

How to Build a Healthcare Startup

Up and Running

If you’ve never written a business plan before, take a look at these sample medical startup business plans. At first, you need to focus on developing your business model and validating it. However, you can certainly raise some of the capital through bootstrapping and the rest via seed funding.

SBIR 73