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?