Difference between revisions of "Team:UCopenhagen/Entrepreneurship"

SUNDhub startup incubator

|| June 18th ||

The initial Workshop of SUND Hub’s Start-up incubator program was the “Bootcamp Session”, where Peter Birk from Accelerace and Anders Graabæk from Validate (two Start-up acceleration Organisations) introduced us to the Entrepreneurship path. In this workshop we were introduced to the “Five anchors of a good opportunity”, where we were invited to think if our solution was creating significant value for a compelling medical need or problem, if it was a good fit and timing and with a differentiation and sustainable advantage over other solutions, and lastly, whether it would have a profit and return potential. We were also advised to “Love the problem, and not the solution”, to allow for innovative ideas upgrading our solution, avoiding staying static in one solution that does not fit the needs of the patient. Moreover, we did several exercises to learn how to frame our goal in order to articulate it better when presenting it to people outside of the project, through the NABC model (Need, Approach, Benefits and Competition). We felt inspired by this articulation of our purpose and decided to also create a golden circle where we showed first the WHY, then the HOW and in the end the WHAT or our solution.

Nadia Storm & Peter Løvschall, quarterly meeting at SUNDhub

|| July 9th ||

As a part of the SUND Hub Start-up incubator program, we had to present our projects to Nadia Storm and Peter Løvschall, in order to get the perfect guidance on how to start diving into the entrepreneurial part of the project. In this meeting, we realized how important is to know the audience background before you pitch your idea, and the need of always summarising the entire project in the first lines, and then explain each part more thoroughly. We also received feedback on what other information we needed to be more credible when pitching, such as experts backing up assumptions we drawn from papers, or patient stories that would make the problem more tangible.

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