Studio Zao designed and ran a 6 months venture building programme for deep-science and healthcare innovation students from 8 leading UK academic institutions, guiding 10 Ventures through MedTech Superconnector.

BACKGROUND

The MedTech SuperConnector (MTSC) is a consortium formed of 8 leading UK academic institutions (Imperial College London, Queen Mary University of London, Royal College of Art, Royal College of Music, Institute of Cancer Research, Royal Veterinary College, Buckinghamshire New University and The Francis Crick Institute).

MTSC exists to accelerate the commercialisation and adoption of academic, deep-science medical and healthcare innovations, supported by £5M of funding from the UK Government. The Challenge Accelerator is a 6-month venture building programme that takes postdoctoral, PhD, and Master talents of any academic background from the consortium institutions with a passion for MTSC’s goals. Participants form venture teams with fellow researchers with complementary skills to work on early-stage ideas to tackle challenges in Mental Health and Wellbeing.

BRIEF

MTSC asked Studio Zao to help them with designing and delivering an end-to-end venture-building innovation programme over 6 months to develop 10 ventures from the 8 academic institutions.

APPROACH

We designed and delivered an end-to-end venture-building programme consisting of:

  • A 2-day Creation Hack
  • A 3-day Design Sprint
  • Multiple Lean Venture Building Workshops and Masterclasses
  • Ongoing Venture Development Coaching and Support
Creation Hack

We organised, designed and delivered a 2-day intensive hack process that ideated proposition concepts and formed 10 venture teams out of 100+ individuals through fundamental Lean Startup principles. Teams went from ideation and validation to pitch, working through intensive customer problem discovery and validation. They also “got out of the building” taking advantage of a crowded Saturday afternoon shopping mall in the proximity of the Creation Hack venue.

Design Sprint

We delivered a 3-day sprint aimed at deep-diving into customer pains and user journeys for rapid prototype development, user testing and MVP experimentation.
For the first time, teams tested their ideas with customer, receiving feedback and insights.

Lean Venture Building Workshops and Masterclasses

During the months following the Design Sprint, we have delivered a series of targeted and hands-on workshops on:

  • Customer Discovery and Validation
  • Value Proposition Development (one-to-one 3 hours workshop)
  • Pitching

We have also conducted one-to-one business coaching sessions every forth-night to align on progress and define next steps, for a total of 15 coaching hours each team.

Moreover, we have scheduled and conducted a series of venture reviews along the venture building journey to ensure accountability. Teams had to demonstrate and present progress in hitting specific target to build evidence of market validation.

OUTCOMES

Starting from 100+ individuals, we created and accelerated 10 startup venture teams focusing on a range of healthcare challenges from cancer support to digital addiction and clinical-trial efficiency.

In September 2019, 6 of these venture presented their progress in a public event at Imperial College London. Having started as individuals from 8 universities meeting in a snowy weekend in February, 6 months later a few ventures had already launched products and started trials.

More tutorials

how to compile a lean canvas step by step guideStudioZao innovations ltd

How To Compile A Lean Canvas, The Business Plan In One Page

Have a business idea? Take the first step of your Lean entrepreneurship journey by compiling a Lean Canvas.
What Customer Discovery Questions to ask To Validate their Pain PointsStudio Zao Innovations ltd

What Customer Discovery Questions To Ask To Validate Pain Points

Learn how to validate assumptions about customers' problems by conducting informal customer discovery interviews.
5 Things You Need To Know To Succeed As A Corporate Entrepreneur intrapreneurshipStudioZao Innovations LTD

Five Things You Need To Know To Succeed As A Corporate Entrepreneur

Lessons From Corporate Entrepreneur London Event In March 2019.
how to identify early adopters For A New Business IdeastudioZao innovations ltd

How To Identify Early Adopters For A Business Idea

Four practical steps to identify early adopters and start getting traction for a business idea. A process tested with hundreds of entrepreneurs.

Our Events

Loading Events

Upcoming Events

List of Events

Lean Startup Weekend | Start Your Business In 3 Days

November 1 @ 6:00 pm - November 3 @ 5:00 pm

Do you have an early spark of a business idea but time is short and you don't really know precisely where to start? OverviewLean Startup Weekend is an immersive and practical weekend sprint from Friday evening to Sunday afternoon to make your business idea a reality. Let our expert venture builders help you identify your target customer segments, formulate your value proposition, design the right experiments to test your idea, build a robust roadmap of actions and coach you through…

How to Nurture Intrapreneurship for Success

November 7 @ 6:00 pm - 9:00 pm

Learn how to embed a culture of intrapreneurship for continuous innovation within large organisations through practical case studies. Corporate Entrepreneurs work within established organisations to launch new ideas, products, services or even ventures. In this Corporate Entrepreneurs London Series, we will explore the challenges of encouraging intrapreneurship and innovation within large organisations, and we will learn what are the initiatives and approaches that work best to nurture internal entrepreneurs. Join us and learn:How do you embed a culture of intrapreneurship…

Innovating and Launching New Products in Healthcare

November 19 @ 6:00 pm - 9:00 pm

Learn how to innovate and to apply customer closeness, market experiments and fast iteration in the highly regulated healthcare industry We all know how much impact tech and innovation can have to improve - and save -people’s lives when applied to the healthcare system. However, innovating and launching new products in such a highly regulated environment may pose extremely daunting challenges. It may be difficult to access patients or clinicians, undermining customer closeness, customer disco very and efforts to validate…

+ Export Events

Our Programmes

Lean Startup Weekend | Start a Business in 3 Days

An immersive weekend sprint from Friday evening to Sunday afternoon to make your business idea a reality. Expert venture builders will take you through a systematic venture development process. Join the next available weekend.
gateway NHS innovation healthcare AI startup competition thumbnail

Your Innovation Gateway to the NHS is Open!

Develop ground-breaking AI solutions to improve mental health and healthy ageing for the NHS during a one-week free-to-enter venture sprint in Cambridge, 2nd - 6th Sept 2019
Outdoor exercise next to swimming pool wearing new apparel

Join Pentland Brands to Shape the Future of Sports, Outdoor Apparel and Fashion

A unique opportunity for Entrepreneurs and Startup Founders with a track record and interest in Smart Cities, Retail, Fashion, Apparel and Sports to connect with Pentland, one of the key global players in UK.
Market Validation and Go to market strategy thumbnailStudio Zao innovations ltd

Market Validation For Startups and Go-To-Market Strategy

A bespoke, multi-week programme for seed or venture funded startups seeking proof of market validation and a data-backed go-to-market strategy.