The Lean Commercialisation Accelerator is a three (3) month (or longer) accelerator programme for commercialising innovation based on Lean Startup (Eric Ries) and Customer Development (Steve Blank) principles and practices.
It is an alternative to the instruction-focussed and mentor-driven accelerators. It is based upon the Lean LaunchPad accelerator by Steve Blank. It focusses on the search for a repeatable, scalable and viable business model rather than launching a business.
The Lean Commercialisation Accelerator suits data-driven and evidence-based organisations and will be run by Innovately for these organisations. Participation is a full-time process for the entire program for all innovators. The programme utilises:
- Weekly Sessions
- Business Model Canvas
- Build-Measure-Learn Cycle
- Cohort Leaderboard
- Commercialisation Readiness Indicator
- Learning Resources and Activities
- Lean Pitching
This accelerator involves actually doing the practices and principles presented and discussed in the Lean Commercialisation Course for a real innovation. It is not meant to be an abstract learning programme. Participants should have a strong vision for an innovative product / service / method process.
The emphasis is on validating the business model around the innovation by “getting out of the building.” It is not about getting business cards, launching a business, learning about PR, or even product development (although, the product is of course important).
The Lean Commercialisation Accelerator is highly recommended for the actual commercialisation of innovation in organisations from any sector, of any size, and of any level of maturity (including startups). This will prove or disprove the commercial vision for the innovation.
The Lean LaunchPad accelerator by Steve Blank, on which this accelerator has been based, has been adopted by the USA National Science Foundation as the standard method for commercialising research innovation, as well as the National Institute of Health (iCorps).
Please email or contact us if you would like further details.