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The Eureka Experience: Validation

The Eureka Experience: Validation

Eureka Validation is a 12-week virtual accelerator for founders prepared to build traction around their emerging business opportunity. Building on Eureka Ideation, the Validation program guides early-stage entrepreneurs through the processes and proven steps along the path of validating a new model. Held twice a year, each cohort of up to 10 startups is selected by competitive application. 

Applications for the Fall 2021 Cohort are now closed. Applications will open for the Spring 2022 cohort in December.

Founders: If you aren't already an ITEN member, join now and be among the first to hear when they open!

Program Components

  • 8 virtual workshops
  • LEANSTACK tools and curriculum
  • Mentor & peer group support
  • 12-month membership at T-REX 

Learning Outcomes

  • Understand the forces that drive customer behavior.
  • Design and test business model assumptions using lean customer discovery process.
  • Learn how to conduct productive problem, solution, and offer discovery interviews.
  • Confirm features to be prioritized in product development.
  • Build the roadmap to get from problem/solution fit to product/market fit!

Program Fee: $750 per startup team

Get your startup on the right path! Apply today!

Validation Fall 2021 FAQs

Do I have to join ITEN to apply for Eureka Validation?

No, but why wouldn’t you? Membership in ITEN gives you access to multiple programs & events, industry-leading LEANSTACK tools, 60+ mentors, and $50K+ in partner perks. Plus it’s free to join and open to anyone exploring innovative ideas and launching and growing companies. Go to itenconnect.org and click the Join as a Startup button! Note: ITEN membership is required for selected startups.

Do I have to have gone through Eureka Ideation to apply for Eureka Validation?

No, in fact the Validation Application prep area gives anyone access to everything you need to complete your Lean Canvas and other application components.

Who should apply for Eureka Validation?

Anyone ready to test their business model assumptions (brand new or pivots) to find the right path to customers.

What is the application deadline and when will I know if my startup is selected?

Applications are due Friday, August 27 at 11:59 p.m. We will be communicating selection decisions the week of August 30 and anticipate selecting 10 startups.

When are the workshops and what if I can’t attend them all?

The Kickoff Session will be held September 8 and the 7 program workshops will be held September 15, 22, October 6, 20, November 3, 17 and December 8, along with the final presentation event targeted for mid-December. All workshops will be held from 3:00-5:00 and be delivered via Zoom. Recordings and slide decks will be available following each session.

How much time should my startup team anticipate spending on homework during the program?

Approximately 15 hours/week. There will be assigned reading/videos from the playbooks but fortunately, the “homework” is almost entirely work that you should be doing on your business anyway, not something to fit in on top of that. In between workshops startups will be conducting discovery interviews with potential customers to ensure a strong understanding of the problem they are solving and how to align their solution to address it.

Is there a cost for the program?

Yes, but because of the support of an EDA SPRINT Challenge grant, the program fee is only $750 per startup team (multiple team members allowed). This will be due shortly after the program begins in September.

What is included in my program fee?

7 workshops led by LEANSTACK certified coaches, access to the full set of LEANSTACK tools (4) and playbooks (4), one-on-one mentor and peer group support, 12-month T-REX membership, two Fluency Scores (pre- and post-program), university student support, and introductions to applicable ITEN/LU community members.

What if I still have questions?

Reach out to Melissa Grizzle at mgrizzle@itenstl.org.

Connect with ITEN

Lindenwood University
209 S. Kingshighway
St. Charles, MO 63301