fet2rin training course for fet projects - meta …...fet2rin training course for fet projects...
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FET2RIN Training Course for FET ProjectsSupporting FET projects to reach out investors!
FET2RIN’s main goal is helping researchers to learn how to rapidly develop and test novel solutions by gathering feedbacks. Many projects fail to generate impact, as startups fail to succeed on the market, by not validating their ideas early on, with real-life customers. To mitigate that, researchers attending FET2RIN workshops will learn how to apply the lean start-up approach, getting “out of the lab”, search for unmet needs and validate their impact related assumptions. Lean Startup is a new, field-tested philosophy that, within FET2RIN, provides researchers with a toolset to increase chances of generating impact for their projects. Our coaches will guide FET teams through assumption identification, customer interviews, rapid experimentation, and new exploitation opportunities. FET2RIN training pushes teams outside their “comfort zone” and changes the way they look at research results in the view of use and impact. Validation Idea development and testing outside the lab• Getting customer feedback with fast-made prototypes of an idea• Testing Business Models and validate the results• Pivot
The Lean methodology has proven records of considerably reducing the incidence of failure, while increasing the chances of successful commer-cialisation of innovative ideas. Through these courses researchers will: • Access a unique opportunity to validate impact assumptions as well
as exploitation prospects in real market conditions; • Benefit from the knowledge gained from to peer interaction and
access to expert coaches;• Learn realistic, common-sense validation principles and acquire
hands-on experience in product and customer development within a real business environment;
• Enjoy the opportunity to interact with experienced and competent mentors and advisors from industry, meet with investors and enter their networks.
Workshops will follow the flipped classroom approach: video materials will be provided on-line before the coaching, and time in Brussels will be mainly devoted to team-work, discussion, debates and review. The FET2RIN training is based on 3 workshops in Brussels, at the EBN premises. Participants will work from “home” in between the workshops. Training is free of charge. Travel, accommodation and subsistence costs can be reported as project cost for running FET projects.
Project partners
DAY 1
Workshop 1: 26-27 January 2017DAY 2
Workshop 2: 23-24 February 2017DAY 1
DAY 2
Workshop 3: 30-31 March 2017DAY 1Team work• Design your crowdfunding campaign • Discussion among participants and debate with mentors
What matters most to investors when dealing with researchers• Tips and tricks• What makes a presentation appealing and how to explain the
exploitation opportunity behind your results?• How to pitch your research results and exploitation plan • How to effectively communicate an exploitation model to
internal and external stakeholders.
DAY 2
FET PROJECTS APPLY ONLINE: www.fet2rin.com
TRAINING WORKSHOP SCHEDULE
Ice-breaking session• Introduction of participants and mentors
Principles of Lean Startup methodology• Customer vs. Product Development• How to capture your vision on a single page• Finding a compelling problem that is worth solving
Value Proposition• Value Proposition and the Minimum Viable Product• Common Mistakes with Value Proposition
Team work• The Javelin Board• Discussion among participants and debate with mentors
Customer Segments• Solution - Market / Target groups Fit• Multiple Customer / Target groups Segments• Consequences of Not Understanding a Market / Target group
Team work• Lean Canvas• Discussion among participants and debate with mentors
Revenue Models• How Do You Impact / Make Money• Revenue Streams and Price• Market Size and Share
Team work• Revise the Lean Canvas• Discussion among participants and debate with mentors
Critical components of different business models (Review of Lean Canvas)• Value Proposition• Customer Segments• Revenue Streams• Customer Development Processes• Minimum Viable Product• Market Opportunity Analysis• Refining your vision into a bullet proof exploitation/business
model Building products that meets “customers” needs• The easiest and fastest ways to build minimum viable
products so you can validate your solution as quickly as possible• Tactics for experimenting with MVPs on real customers • Creating Experiments to Test Hypotheses• Lean User Experience• The “Art” of the Pivot
Crowdfunding for Research and Innovation• Alternative finance for financing research• Case study and successful examples
Team work• Look for the best crowdfunding model that meets your needs• Discussion among participants and debate with mentors
Resources, Activities and Costs• Intellectual Property Overview• What is patentable, what is not, how to protect your R&D results
Team work• Revise your pitch deck• Discussion among participants and debate with mentors
Validation with investors - Pitch day• Pitching your exploitation plan to investors and crowdfunding
platforms• Feedback from participants, investors and mentors
This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 687110