Innovation worries most investors. Thus, they invest in known things, which isn’t innovating at all, or they persevere with one concept where the stakes become too big. Yet what they really need is a rigorous process that can identify the winning and losing applications of an idea incredibly quickly and with minimal cost – lean innovation.
At inventureLab, our focus is on clearly defining an industry problem, connecting the required resources to explore and identify a solution and then rigourously commercializing the solution. How does it work?
We manage and oversee the full life cycle from problem definition to IP development to market commercialization. We are the majority investor and the management team – our skin’s in the game. We test, assess and succeed fast – lean funding leads to a lean start-up and significant return to investors.