regional innovation and entrepreneurship roadmapregional innovation and entrepreneurship roadmap a...
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Regional Innovation and Entrepreneurship RoadmapA Strategic Doing Project Spring 2019
File Patent Application
Patent Awarded
No
Yes
File Patent?
Feasibility Study
Intellectual Property (IP) Assessment
Is it feasible
?
BUILD
PROTOTYPE
STOP
License to Startup or
existing Company
No
Yes
Develop Operations Plan
GO LIVELaunch Your
Startup
BUILDMVP
Validate
Can you tweak your idea to make it feasible?
Business Community
No
YesCreate Business
Plan
Find Funding
Create Team
Market Product/Service
BUILDFINAL
PRODUCT
IdeaBUILD
PROOF OF
CONCEPT
Talk with Customers about their need and
problem
STOP
STOPNo
Yes
Market Fit• Test Concept / Product• Improve Product / Service
Can more be done to improve the concept
or product?