RISE-UP Ideation Studio
WHAT IS i(X) Studio?
Ideation Studio ( “i(X) Studio”) is a continuous program (Fall & Spring semesters, as well as a Summer session) that sponsors faculty and student teams to explore and embark on the pathways for taking technological innovations to market. i(X) Studio is driven by the belief that everyone can be an entrepreneur and innovator, with the right tools, coaching and a proven repeatable process (Lean Launchpad) that guides the way now and into the future. i(X) Studio programming will be hosted at URI’s Launch Lab, with possible additional i(X) studio spaces resident in individual colleges (College of Engineering @ Fascitelli and Ocean Engineering @ the Narragansett Bay Campus are under discussion as initial pilot i(X) labs). IxStudio is also available asynchronously.
i(X) Studio’s goal is to help URI and RI groups explore and navigate the establishment of company startups after spinning out from the dorm room, garage, classroom, and/or lab. This program will focus on accelerating the growth of start-up companies to get to the next stage(s) of their development. Using Lean Launchpad methodologies, teams will create and iterate a Business Model Canvas (BMC), execute customer discovery, develop and test their Value Proposition, and create Minimally Viable Products (MVPs) to be tested by early adopters. They will learn to “Love the Problem” and “Identify their Customer” before falling in love with the solution. Teams are encouraged to learn the “engineering” of their viable and sustainable Business Model before the creation of their MVPs.
i(X)Studios is supported by collaborations from the URI Research Foundation, RIHub, URI Launch Lab, and MassChallenge, among other RI innovation ecosystem partners, faculty and students as well as URI affiliated community members. Teams will work together to use repeatable “lean” entrepreneurship and innovation processes and tools to advance ideas and IP towards new potentially dual-use products, services, and businesses that provide benefits back to URI, RI, its inventors, industry, and society.
To transform discoveries and ideas into game-changing solutions, venture mentorship will be provided by Ideation Studio partners and the larger RI entrepreneurship ecosystem with the below outcomes
APPLICANTS
Individuals, teams or startups with URI-affiliated, working on STEAM based innovations who want to commercialize and create real-world impact.
TIMELINES
1 Semester equivalent of Curriculum based Learning and MVP Development
Eligible Projects enter Stage 2 of Development with possible funding
LEARN
Develop theoretical and applied business acumen and an entrepreneurial mindset through a tailored curriculum. Learn repeatable processes around ideation, customer discovery processes, identifying your market opportunities, and ultimately develop a lean startup business model canvas(es)
EVOLVE
Get individualized assistance from a curated group of program coaches, experienced proven industry mentors, and subject matter experts who are dedicated to supporting the development and expansion of your startup.
GROW
Access to funding for supplies and the creation of MVPs, customer discovery, early customer acceptance, customer testing, as well as additional funding opportunities through grant-writing education, partner and investor connections.
EXPAND
Broaden your network of tech innovators, entrepreneurs, mentors, and investors – in Rhode Island, the United States and globally – by leveraging a range of events and connections facilitated by our program partners, MassChallenge, RIHub and URI LaunchLabs.
Who should apply?
Ideation Studio is designed to support students, entrepreneurs, researchers, educators, business leaders, and startups in fueling the next steps of their growth. You are encouraged to apply if:-
– You wish to learn Lean Startup Methodology via an extensive curriculum
– You are looking to collaborate, network and potentially create/join teams based on common interest areas for problem solving
– You are hoping to develop a Business Model and possible Minimal Viable Product during your participation
Meet our team
Erik Brine
Director of Defense R&D Initiatives and Operations
erik_brine@uri.edu
Pete Rumsey
Program Executive
peter_rumsey@uri.edu
Ancita Sherel
Program Manager
asherel@401techbridge.org
Joe Loberti
Consultant
jloberti@401techbridge.org
Linda Larsen
Programs & Partnerships Manager
llarsen@401techbridge.org
Magali Dieny Eaton
Special thanks
Ideation Studio would not have been possible without the consistent, generous support and guidance of Magali Dieny Eaton,The URIRF RISE-UP team is extremely grateful for her contributions towards the launch of this program at the University of Rhode Island.
Special thanks to our all our partners and teammates at the University of Alaska Fairbanks and University of Hawai’i who have collaborated with us over months to make this project a success.