Steve Blank

APRIL 12, 2013

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. Like the U.S. It went bankrupt in 1997.).

Venture Capital 271

Venture Capital China Offshore SBIR 271

Steve Blank

MARCH 8, 2011

We made clear that this class wasn’t an incubator. The key assumptions are: offering not just a product, but a complete service (installation, rebates, and financing when necessary,) reduce the manufacturing cost of current wind turbines, provide home owners with a cool and sustainable symbol (achieving “Prius” status.).

Lean 298

Lean Business Model Customer Development Guinea 298

Steve Blank

DECEMBER 30, 2014

identify financing vehicles before you need them. Incubators are designed for teams with an idea. Other incubators and accelerators in the health tech space include Health WildCatters in Dallas, RockHealth in Silicon Valley, Iron Yard in North Carolina, HealthBox Accelerator, Athena Health MDP in Boston and others.

San Diego 261

San Diego North Carolina Chicago Lean 261

Steve Blank

SEPTEMBER 14, 2017

It didn’t help that “innovation” was the new hot-button buzzword from senior leadership, and incubators were sprouting in every division of their company, it just made their job more unmanageable. The ideas that pass through the prioritization filter enter an I-Corps incubation process. Incubation.

Incubator 312

Incubator Curation Engineer Government 312

Steve Blank

JULY 1, 2014

Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team. a language corporate innovation groups can use to communicate to business units and finance.

Sacramento 306

Sacramento Framework Customer Development Lean 306

Steve Blank

APRIL 12, 2013

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. Like the U.S. It went bankrupt in 1997.).

Venture Capital 163

Venture Capital China Offshore SBIR 163

Steve Blank

APRIL 11, 2013

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).

Programming 278

Programming Technical Review SBIR China 278

Steve Blank

AUGUST 20, 2013

Recently, the financing of innovation in medical devices has collapsed even further with most Class III devices simply unfundable. Realizing that this is not optimal, drug companies are trying to incubate projects directly with universities and the researchers who invented the technology, such as the recent Janssen Labs program.

Startup 294

Startup Venture Capital Lean IPO 294

Steve Blank

OCTOBER 17, 2017

The process recognizes that Innovation isn’t a single activity (an incubator, a class, etc.) The canonical innovation pipeline: As you see in the diagram, there are 6 steps to the innovation pipeline: sourcing, challenge/curation, prioritization, solution exploration and hypothesis testing, incubation and integration.

Community 212

Community Silicon Valley Technical Review Incubator 212

Steve Blank

APRIL 11, 2013

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).

Programming 170

Programming Technical Review SBIR China 170

Steve Blank

JANUARY 17, 2016

Looking to create their accelerator/incubator, Wayne and seven other founders rented a Silicon Valley house together one summer. …By creating the BUILDUP VC incubator and accelerator … we’re got into the business of providing education and access. You have to put yourself out there.

Silicon Valley 120

Silicon Valley North Carolina Cofounder Entrepreneur 120

Steve Blank

OCTOBER 24, 2017

However, there was no way for founders to share this information with other founders (this was life before the Internet, incubators and accelerators). Incubators and accelerators like Y-Combinator have institutionalized experiential training in best practices (product/market fit, pivots, agile development, etc.);

Founder 245

Founder Technical Review CTO Hire IPO 245

Steve Blank

SEPTEMBER 1, 2011

This insight has begun to change how we teach entrepreneurship, incubate startups and fund them. Each of these six very different startups requires very different ecosystems, unique educational tools, economic incentives (tax breaks, paperwork/regulation reduction, incentives ), incubators and risk capital.

Government 335

Government Silicon Valley Startup Venture Capital 335

Steve Blank

OCTOBER 10, 2017

The process recognizes that Innovation isn’t a single activity (an incubator, a class, etc.). Solution exploration and hypotheses testing : The ideas that pass through the prioritization filter enter an incubation process like Hacking for Defense /I-Corps, the system adopted by all U.S. It is a process from start to deployment.

Lean 212

Lean SBIR Incubator Curation 212

Steve Blank

SEPTEMBER 2, 2015

On the alumni side, we set up an incubator downtown, called the Columbia Startup Lab. … Of the cohort that just graduated I think eight are completely self-sufficient and actually revenue positive and another 10 are in Series A round financing. . It has been phenomenally successful.

Entrepreneur 120

Entrepreneur New York Cofounder Equity 120

Steve Blank

SEPTEMBER 19, 2017

His organization had a corporate incubator for disruptive ( horizon 3 ) experiments and provided innovation support for his company’s operating divisions for process and business model innovations ( Horizon 1 and 2.) The division general managers have verbally given us their support. They could either: approve and adopt.

Finance 226

Finance Lean Metrics Programming 226

Steve Blank

SEPTEMBER 9, 2015

Or if a CEO proudly boast about their corporate incubator, but the incubator’s parking lot is empty at 5:15 pm. It needs to be a careful, calculated process coordinated with HR and Finance. It requires careful, calculated and coordinated process with HR and Finance. You can hack the culture.

Startup 120

Startup Silicon Valley Incubator Matching 120

Steve Blank

MARCH 17, 2015

Finance, HR, Branding, Legal, you name it, everyone in a division or corporate staff has an excuse for why we can’t do something, and everyone has the power to say no and no urgency to make a change.”. Or finance, who insisted on measuring the success of new ventures on their first year’s revenue and gross margin. Get to Yes.

Lean 120

Lean Metrics Business Model Distribution 120

Steve Blank

NOVEMBER 7, 2013

Almost every large organization has some kind of incubator or accelerator program. From Tax to Legal to Finance to HR, designing the new systems requires enormous amount of collaboration, transparency and trust. In fact, I believe the movement is now mainstream—startups, VCs, accelerators, are no longer “new.”.

Lean 326

Lean Nepal Cofounder Customer Development 326

Steve Blank

MAY 9, 2017

A 20 th century VC was likely to have an MBA or finance background. What this means is that the emergence of incubators and super angels have dramatically expanded the sources of seed capital. (And the results do appear years earlier than in a traditional startup.). Third, venture capital has now become Founder-friendly.

Restful 222

Restful Silicon Valley Puerto Rico San Jose 222

Steve Blank

SEPTEMBER 13, 2022

They have built a sophisticated public/private financing ecosystem to support these plans. China has used its last three 5-year plans to invest in critical technologies (semiconductors, supercomputers, Al/ML, quantum, access to space, biotech.) as a national priority.

China 323

China Venture Capital Government Artificial Inteligence 323