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The Helsinki Spring

Steve Blank

Ironically one of the things that’s holding back the Finnish cluster is Tekes , the government organization for financing research, development and innovation in Finland. Filed under: Business Model versus Business Plan , Customer Development , Teaching , Technology , Venture Capital.

Finland 324
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The Helsinki Spring

ReadWriteStart

Steve Blank is a retired serial entrepreneur, educator, thought leader and creator of the rigorous "Customer Development" methodology detailed in his book, "The Four Steps to the Epiphany." Blank teaches entrepreneurship at Stanford University and UC Berkeley and blogs at steveblank.com.

Finland 158
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The Rise of Chinese Venture Capital – (Part 3 of 5)

Steve Blank

By 1991, 70% of the Torch funded startups were getting bank financing for expansion and later stages of the new ventures, with local governments acting as guarantors. Inside the zones were Torch Technology Business Incubators with startups licensed by the local governments. China Customer Development Technology Venture Capital'

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Why Companies are Not Startups

Steve Blank

These groups are adapting or adopting the practices of startups and accelerators – disruption and innovation rather than direct competition, customer development versus more product features, agility and speed versus lowest cost. existing enterprises are establishing corporate innovation groups. This is a big idea.

IRR 335
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Getting out of the building…by staying in the building!

Steve Blank

understand who their core and tertiary customers are, and the sales and marketing process required for initial clinical sales and downstream commercialization. identify financing vehicles before you need them. This user/customer-centered approach is a huge step in the right direction in the life science/health care commercialization.

San Diego 261
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The Rise of Chinese Venture Capital – (Part 3 of 5)

Steve Blank

By 1991, 70% of the Torch funded startups were getting bank financing for expansion and later stages of the new ventures, with local governments acting as guarantors. Inside the zones were Torch Technology Business Incubators with startups licensed by the local governments. China Customer Development Technology Venture Capital'

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China’s Torch Program – the glow that can light the world (Part 2 of 5)

Steve Blank

Torch has four major parts: Innovation Clusters , Technology Business Incubators (TBIs), Seed Funding (Innofund) and Venture Guiding Fund. Examples are Hollywood for movies, Milan for fashion, New York for finance and today, Silicon Valley for technology entrepreneurship. Technology Business Incubators (TBIs).