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Lean Launchpad: framework of a new entrepreneurship program

Narrator:       This is Science Today. Lean Launchpad is a training program developed by an entrepreneurship lecturer at the University of California, Berkeley, Stanford and Columbia universities. It focuses on helping entrepreneurs develop viable business models and is now the basis of a National Science Foundation-funded partnership called I-Corps, which aims to help commercialize university innovations.

Lium:             It's really about understanding whether an idea warrants building a company, warrants building a product, is actually going to be commercially feasible.

Narrator:       Erik Lium, who heads Innovation Technology and Alliances at the University of California, San Francisco, says they're working on a curriculum specifically for healthcare ideas.

Lium:             So, ultimately as we think about the research that we're doing, the basic research, the inventions that are made, the question is how does one get those out into the marketplace? So, the idea is in theory, to increase startups around these nascent technologies that ultimately are successful.

Narrator:       For Science Today, I'm Larissa Branin.