Demo Deck for Novigo Labs a new concept for bringinginnovation, education and market opportunities together. Presentation done for Stanford Technology Entrepreneurship course providing prototype for Business Model Canvas.
What is Novigo Labs?• a collaborative platform to enable smart people from around the world come together and complete innovative projects• a collaborative tool to allow international collaboration on various research projects• a platform offering privileged access for businesses & industry to latest innovation trends• a tool to help foster innovation in education, increase students engagement and challenge talent
Why start the project?• To help solve the world‘s problems faster, cleverer and in a more efficient manner• To speed up innovation through facilitating collaboration between teams working on the same or similar idea but situated in different corners of the world and having access to different resources.• To improve education by encouraging talent to unleash ist full potential• To reduce over fragmentation and lack of communication among scientists
How it works?• A web platform will be the main gate which will facilitate the coming together of innovators, educators and resources• Users registered on the site will be able to search for people or facilities pursuing the same or a similar idea and team up with them
The distribution of the interviewed persons was as follows:
Results 1Have you ever participated in a research project? Would you love to get involved in a research project and unlock your creative and professional potential?
Results 2• Assuming you would like to pursue & develop an innovative idea, how would your working group look like? (multichoice) – Friends and / or colleagues …… .. .53% – Will do it alone …………………..… …. 22% – Family members …………………..…. 17% – Local community …………………… …33% – National participation ………………. 31% – International participation … ……..47% – I have no interest in innovation … 0%The above results show that most people would prefer to entrusttheir friends or colleagues with the participation in an innovativeproject, BUT in the same time consider the national / internationalcollaboration as a highly valuable option
Results 3If the needed resources are not available to you locally, what will you do? Ill wait till they are made available to me 6% I start looking for money to allow me to get the resource that is missing 19% Ill look for external collaboration possibilities 67% Ill get stuck 0% I give up on the project all together 0% Question does not apply to me 8% What we learn from the above is the willingness to search for a solution and not give up. A platform facilitating easier access to possible collaborators and resources seems like a good idea.
Results 4If you will face the choice of having to engage complete"strangers" in order to complete a project, what will you choose? I will agree to share my knowledge and involve others in my project 72% No way, its my idea I rather do it myself or it can die 3% Need to think about it 22% No way 0% Question does not apply to me 3%More than 70% of possible users are willing to share theirknowledge, so basically open for collaboration!
Additional gained informationWe have received some valuable input through answers to the additional open question„ Is there any resource you know of which would enable you to quickly & easily connectwith other innovators?”Most people we interviewed did not appear to have a very specific resource to appeal to.The first resource though, was the internet and the social networks. An online platformfocused on innovation, proves therefore a pretty good idea to start with.Many have quoted LinkedIn as a possible channel to find peers and collaborators.In our opinion however, LinkedIn is much to broad and not really focused on innovation,but mostly on career opportunities and business contacts.It was however marked as possible competitor.Other participants named local events or conferences but complained they do not alwayshave the needed financial resources to participate.Interesting input we received: “The limitation on connecting with people that can betrusted when a good idea is "out there" is more a matter of time. “
Some more feedbackWe were pointed out to the fact that innovators are not necessarily driven by money,all they need is a fair pay to be „worry free“ and able to concentrate on innovation.„I dont think creative people necessarily all want to become Steve Jobs, they may justneed the supportive environment to develop new ideas. „One more feedback concerned the fact that bureaucracy is most of the time the sourceof mistakes and limitations and that hierarchical structures and fear often obstructcollaborative efforts and prevent the free flow of truthful information.An other respondent told us that it would be wise for us to get involved withthe crowdfunding industry.A very valuable idea we take with us and will seriously consider, in more than one way.
For status updates, visithttp://novigolabs.launchrock.com/