Blog / Thomas Klem Andersen

Business model validation

Three simple ways to validate your business model

Product innovation is a difficult discipline. Naturally knowledge about a new business area is limited so the risk of commercial failure is high. For this reason it’s important to validate the business model for a new product as early …

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3d Print at Scion DTU

Why 3D Printing matters

3D printing technology (also known as additive manufacturing technology) has come a long way and allow us to produce complex parts cheaply with unpreceded speed. The technology is widely used for prototyping when …

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Danish Tech Challenge participants 2016

Does it pay off to accelerate startups?

2016 was the third consecutive year that Danish Tech Challenge was running. We continue to surveye the partipating startups in terms of turnover and job creation. According the most recent survey it seems …

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Innovate in collaboration with technical researchers

We are good at creating startups in Denmark but we are behind when trying to get them to grow. The Confederation of Danish Industry (Dansk Industri) believes that we are investing too little …

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Danish Tech Challenge, mentorer accelererer hardware startups

Hardware Startups fast tracked by mentors

Mentor teams are extremely valuable for hardware startups who face diverse challenges. Scion DTU’s team mentoring program is based on a mentoring model developed by the MIT Venture Mentoring Service program in Boston. As a hardware startup, you …

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Test commercial feasibility first when starting up

To find product-market fit it’s crucial that you test your entire business model and not just the technical feasibility of you product. This was the message a few weeks ago when Jakob Svagin from Scion DTU and Andreas …

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Mentor teams accelerate high-tech ventures

During the past two years Scion DTU has developed the mentoring program Scion TeamMentoring in collaboration with the MIT Venture Mentoring Service (VMS MIT) in Boston. In Scion Team Mentoring +60 experienced business professionals have helped 37 …

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Can Hardware Startups be Lean?

Do the Lean Startup principles developed in Silicon Valley’s software heavy environment also apply to European hardware startups? According to Erik Ries, author of The Lean Startup, a startup is an undertaking, the …

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University Spin back powered by Lean Startup

Many innovative projects pile up in the corner over time because most technology based companies feel forced to focus on daily operations or because they lack critical specialized knowledge or know-how to get …

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Open Innovation and strategic incentive management

Here’s why you should open up your innovation initiatives: An insignificant number of the world’s talents work within your company. Commodification creeps up on you and reduces margins. Customers expect you to improve. Change …

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