Course Dates: January 8 - March 12, 2015
Following our success in creating the first Lean LaunchPad for Life Sciences & Healthcare course last year as part of the NSF I-Corps program, we are proud to announce that the NIH is launching a pilot course in Washington DC this fall based on our curriculum. We will hold the second UCSF course in January.
Our class teaches scientists and clinicians how to assess whether the idea or technology they have can serve as the basis of a business. The focus is on the marketplace where you must validate that your idea has value in order to move into the commercial world.
We're going to help teams:
- Assess regulatory risk before they design and build
- Gather data essential to customer purchases before doing the science
- Define clinical utility now, before spending millions of dollars
- Identify financing vehicles before they're needed
This coming year we will accept ventures that fit either one of two tracks: therapeutics/diagnostics or digital health/Big Data. Our teaching team is steeped in the Lean LaunchPad methodology and comes with a strong industry/business background either as entrepreneurs or investors.
This 10-week course takes participants down the pathway to building an idea into a venture. It is not about writing a business plan or doing library research. You will be talking to actual customers and partners for your idea and learning the chaos and uncertainty of how a startup actually works. You’ll learn how to use a business model to brainstorm each part of a company and customer development to get out of the classroom and talk to real prospects to see if anyone other than you would want/use your product. Each week will be a new adventure as you test another part of your business model and share this knowledge with the rest of the class.
Additional information: on the Lean LaunchPad at http://steveblank.com, on the business model canvas here (part of the application), and the online videos for the course here. See Steve Blank's blog posts on digital health and devices here and on drug discovery and diagnostics here.