O Lab2Market@Técnico is an innovation acceleration programme organised by Técnico in collaboration with the NTT Data e a i-Deals with the aim of finding the best way to valorise technologies developed at Técnico that can generate value and solve society’s problems.
The selected teams will receive 250 hours of consultancy and training from specialized consultants and during 9 weeks will acquire skills and learn how to build a business model*(1) that will allow them, in a language accessible to everyone, to show the full potential of their technology to companies and potential customers*(2), as well as to explore possible markets and different approaches for applying the technology they are developing.
*(1) – The first 4 weeks of the programme focus on “Shape the idea” by building a Business Model and on your “Pitch development”;
*(2) – The last 5 weeks are focused on “Validate the technology in the market” with market feedback, collecting evidence that customers care about how the solution addresses their need and if is it worth it pursue the idea?
Teachers, researchers, doctoral and master’s students from Instituto Superior Técnico who are developing innovative technologies/projects.
Applications & dealines:
Information about the 2024 edition, available soon.
What is Lab2Market?
It is an innovation acceleration program that aims to support and empower researchers, teachers, PhD and Master students of Instituto Superior Técnico on the best way to valorize the technology they are developing and contact the market.
When does the program take place?
Lab2Market runs from March to May 2023.
The programme starts with a workshop on March 8 and ends with a final event on May 31, to be held at the Alameda Campus of Instituto Superior Técnico.
Who can participate?
Teachers, researchers, PhD and Master students from Instituto Superior Técnico who are developing a technology that can be applied in the market.
What do I gain by participating?
Skills and preparation to contact companies;
By building the business model of the technology you will be more prepared to compete for competitive funds like Horizon 2030 as well as to participate in other accelerator programs;
Come to the conclusion that there is no market viability for the technology.
Do I have to pay to participate?
No. Participation is free of charge.
How can I apply?
You only need to fill in the application form. Applications are open until the 8th of February.
Can I participate alone?
No. To participate, you must have a team of 2 to 5 people. A team shares ideas, supports each other in tasks and gives the necessary inputs so that you can get the best out of the programme.
How does the selection of the teams work?
The applications will be analysed by a jury composed of members of Técnico and by mentors from I-deals.
How will the applications be evaluated?
The jury will evaluate the team, the degree of innovation of the technology, what problem it solves and where it can be applied, the market and your motivation to participate in the program.
Blank 2005: “The Four Steps to the Epiphany: Successful Strategies for Products that Win”, Steve Blank, K&S Ranch Press, 2005.
Ries 2011: “The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses”, Eric Ries, Crown Business Publishing, 2011.
Osterwalder 2010: “Business Model Generation”, A. Osterwalder, Yves Pigneur, Alan Smith, Wiley, 2010.
Blank&Dorf 2012: “The Startup Owner’s Manual”, Steve Blank and Bob Dorf, K & S Ranch Press, 2012.
Blank 2013: Why the Lean Start-Up Changes Everything, Harvard Business Review, May 2013
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