Steve Blank

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Is a Venture Studio Right for You?

Steve Blank

Three types of organizations – Incubators, Accelerators and Venture Studios – have emerged to reduce the risk of early-stage startup failure by helping teams find product/market fit and raise initial capital. Venture studios create startups by incubating their own ideas or ideas from their partners. Reducing Startup Risk.

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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. While they’ll never admit it, the National Science Foundation was starting an incubator – the Innovation Corps – to take the most promising research projects in American university laboratories and turn them into startups. The I-Corps Incubator Program.

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10,000 Startups – Startup Weekend Next

Steve Blank

The Big Idea – Incubators – Accelerators – and Something New. In the last decade startup incubators have become increasingly popular. For some incubators, entrepreneurs can stay as long as they want.) Think of incubators as “shelter from the storm.”. There is no guaranteed funding.

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These Five Principles Will Accelerate Innovation

Steve Blank

They then incubated and delivered a solution that will help get large vessels back to sea faster, potentially saving the Navy $20M-$30M a year. A Navy team recently sourced 80 problems, then curated down to one priority problem to solve. In less than 60 days they created 26 MVPs while interviewing over two dozen companies.

Curation 344
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Lead and Disrupt

Steve Blank

However, after watching innovators in large companies try to use the lean start-up methodology, I’m embarrassed to say that it has mostly devolved into standalone innovation activities (corporate incubators, accelerators, and so on) resulting in “innovation theater,” with nice coffee mugs and posters but little impact on the top or bottom line.

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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. Eventually Qualcomm did create a corporate incubator to handle projects beyond the scope of traditional R&D, yet too early to hand-off to existing business unit).

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There are 145 Entrepreneurship Courses at Stanford

Steve Blank

Stanford is an incubator with dorms. Download the full text file with links to the courses here. Filed under: Hacking For Defense , Hacking for Diplomacy , Lean LaunchPad , Teaching.

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