It’s that time of year again! I’m back to support the Digitalhub Aachen‘s incubation program with an adapted version of the “Lean Launchpad” program from Stanford for the eight year in a row.
This year we’re running 12 early-stage startups through the Lean Launchpad (LLP) model from Stanford by the father of the Lean Startup movement Steve Blank, for 4 months, meeting weekly to report progress and receive peer review and mentoring in 1 to 1 sessions with me.
Guess who’s back, guess who’s back, guess who’s back… at the digitalHUB Aachen e.V. for the seventh year in a row now, again supporting the 2023 batch of 12 incubated startups with a custom version of the Lean Launchpad (LLP) program.
Together over the years we have been able to achieve an incredible 87% survival rate of their incubated startups.
So what is the Lean Launchpad (LLP)? It’s the world’s premier early-start support program that originated at Stanford and Berkeley over 10 years ago and has since spread to top universities, GOs, NGOs, startup support programs, and corporate innovation programs world wide. It applies an evidence-based process, going from beliefs to facts. It lets the idea evolve by exposing it to unbiased feedback from the market at incredible speed instead of applying a top-down linear creationism approach (that rarely – if ever – works out) at a snail’s pace. It’s 20% theory, 80% hands on experience, and 100% peer dynamics, 100% reality-based, 100% engaging.
The LLP has been tested by the US National Science Foundation (NSF) – a 7 BILLION USD public fund that finances commercialisation of publicly funded research in the US – and found so radically effective for increasing the fundability of early-stage ventures that the LLP has been mandated into US law: If you want funding from the NSF, you first have to attend an LLP program – it’s the law.
The good thing about the Lean Launchpad is that it has no lock-in, no licensing model, or other such nonsense. And you can send your own faculty, staff, and employees to be trained and certified as an LLP Educator at great universities around the world once you’re comfortable with the program and would decide to move it in-house.
Let me know if you want to know more about the Lean Launchpad (LLP) and how it can help radically improve the outcomes of your students, startup support program, or corporate innovation program – Phone: +4915140133149 Mail: v@plusandersen.com Zoom: https://ohours.youcanbook.me/
I’m honored and excited to be invited back to support the incubated startups at digitalHUB Aachen for the FIFTH year in a row with my company +ANDERSEN & ASSOCIATES!
I shared a summary of the Lean Launchpad structure we are using to support the early-stage startups last year.
Humbled and excited to be invited to explain the Lean Startup methodology to startups in the CurveUP program in Sri Lanka.
Recently I was honored and excited to attend my fifth “Lean Innovation Educators Summit” and exchange best-practices and catch up with fellow educators from around the world.
The Lean Innovation Educators Summit is designed to model the methodologies we teach, as we conduct beneficiary discovery with our fellow Lean LaunchPad educators to improve our courses. A key aspect of teaching the Lean LaunchPad methodology is encouraging students to “get out of the classroom” and talk to others. That’s exactly what we as Lean educators strive to do ourselves at the Summit.
The LEan INNOVATION EDUCATORS SUMMIT
“At our fifth Lean Innovation Educators Summit, we discussed the role of the university and other important organizations in supporting the critical mission of preparing the next generation of entrepreneurs and innovators. Attendees gleaned insights from keynote speaker Rich Lyons, the Chief Innovation and Entrepreneurship Officer of the University of California at Berkeley, about the opportunities and challenges faced by the Lean Innovation Educators community.”