Venture Readiness System

Empowering health & deep tech ventures

Systematic approach to drive successful innovation in deep tech and healthcare.

industry focus

Healthcare

The healthcare industry is one of the industries where the most early ventures fail, but also an industry that is perfectly for applying frameworks.

tech focus

Deep Tech

Deep tech ventures have the benefit that in the early stages it is quite easy to use certain frameworks to reach investment readiness.

Why we exist

Providing proven frameworks to increase the success rate of tech ventures.

Successfactor

Product

We help to navigate product development with the right methodologies and in close iteration with users and customers.

Successfactor

Business model

Most startups fail because their business model does not work, we help to understand the market dynamics and proving the business model.

Successfactor

Industry specifics

Every industry has certain patterns and regulatory demands. Understanding and navigating them is crucial.

Successfactor

Technology

Making sure to develop the right maturity at the right time is difficult. Navigating overengineering and stability.

Successfactor

Capital

When it comes to capital, we support to match with the fitting investors that bring knowledge and a relevant network.

Successfactor

Team

We help finding the right people, onboarding them and having clear responsibilities and ownership.


What is it about

Venture Readiness System

The Venture Readiness System stems from research about developing the Management System for Innovation Projects - the evaluation mechanisms for systematic and efficient promotion of technology transfer spin-off projects and technology start-ups.The work is intended to support outstanding scientists and engineers in the commercialization of technology. Providing a digital and process-optimized spin-off system with a focus on technology companies. In our work, we explored the foundations for a system that is based on parameters that are crucial for success of deep tech and healthcare ventures.

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Get global expertise

Advisor network

We are innovators by heart with a network of world leading experts to ensure, we always have the right knowledge at the right time. We are working with people from Europes biggest entrepreneurship center UnternehmerTUM, entrepreneurs from Sigma Squared Society and international top management executives from MedTech and Pharma.

Dominik Moll

MedTech Entrepreneurs

Managing Partner MTE VC Fund and ex Management Board Johnson & Johnson

Dr. Julia Bauer

Scientific Methodology

Head of Fraunhofer AHEAD Deep Tech Accelerator & Tech Transfer Researcher

Benedikt von Braunmühl

Pharma/Biotech Innovation

CEO of Rentschler Biopharma – Transformational leader with a 30-year track record in the international Healthcare space

Systematic innovation approach

Healthcare

Healthcare is a complicated industry which works great with certain frameworks. We are working with those frameworks since years.

Systematic Approach to Drive Success in Healthcare Innovation

How a Framework-Based Approach Can Empower Healthcare Innovators


The healthcare industry stands as a paradox. On one hand, it presents vast opportunities for innovation and impact. On the other hand, it’s a field where early ventures frequently struggle and a lot of them fail. Despite these challenges, healthcare remains an ideal sector for the application of structured frameworks designed to drive success. The Venture Readiness Institute’s system can empower healthcare ventures to increase the success rate.

The Challenges of Early Ventures in Healthcare

Starting a venture in the healthcare industry is fraught with hurdles. Regulatory complexities, high research and development costs, and the need for clinical validation often deter new entrants. Additionally, commercialization strategies including selective contracts are critical components that need careful navigation. Also Consequently, many promising ventures fail to navigate these obstacles, resulting in lost potential and wasted resources.

The Promise of Frameworks Healthcare

While the challenges are significant, they are not impossible to master. Frameworks offer a structured approach to innovation, providing a roadmap that can guide ventures from inception to commercialization. By systematically addressing key parameters in complicated market environments, frameworks can mitigate risks and enhance the likelihood of success.

The Venture Readiness System

The Venture Readiness System, stems from extensive research on managing deep tech innovation projects. It focuses on evaluating and promoting technology transfer spin-offs and technology startups, particularly in deep tech and healthcare. This system supports innovators, scientists, and engineers in the commercialization process through a digital and process-optimized approach.

Key Parameters for Success in Healthcare Ventures

1. Innovation Evaluation: Assessing the novelty and potential impact of the technology.2. Market Validation: Ensuring there is a viable market need and demand.3. Regulatory Pathways: Navigating the complex regulatory landscape effectively.4. Funding and Resources: Securing the necessary financial and infrastructural support.5. Team and Leadership: Building a capable and committed team.6. Scalability: Ensuring the solution can be scaled to meet market demands.

Practical Implementation: Steps to Success

1. Initial Assessment: Conduct a thorough evaluation of the technology and its market potential.2. Framework Application: Apply the Venture Readiness System to understand and structure the development process.3. Continuous Monitoring: Regularly review and adjust the approach based on feedback and results, the venture readiness system framework supports with the review.4. Stakeholder Engagement: Involve key stakeholders, including investors, regulators, and end-users, throughout the process and especially at the right time.5. Scalability Planning: Develop strategies to scale the solution effectively once it proves viable.

Driving Healthcare Innovation

The application of structured frameworks, like the Venture Readiness System, can transform the healthcare industry by reducing the failure rate of early ventures. By focusing on critical success parameters and employing a systematic approach, health tech ventures can not only survive but thrive, bringing innovative solutions to market and driving significant impact in the healthcare sector.

Systematic innovation approach

Deep Tech

Deep tech innovation has always certain basic proof point which needed to be proven before the next step, this works great with certain frameworks. We developed those frameworks working with and in leading innovation ecosystems like Fraunhofer, UnternehmerTUM accompanying over 100 ventures.

Systematic Approach to Drive Success in Deep Tech Innovation

How a Framework-Based Approach Can Empower Deep Tech Innovators


The deep tech industry, characterized by groundbreaking advancements in areas such as artificial intelligence, quantum computing, and advanced materials, presents immense opportunities for transformative innovation. However, it is also a space where early ventures frequently struggle and many ultimately fail. Despite these challenges, deep tech remains a fertile ground for the application of structured frameworks designed to drive success. The Venture Readiness Institute’s system can empower deep tech ventures to increase their success rate.

The Challenges of Early Ventures in Deep Tech

Starting a venture in the deep tech industry is fraught with hurdles. Complex and lengthy R&D cycles, significant funding requirements, and the challenge of transitioning from lab to market often deter new entrants. Additionally, the need for interdisciplinary expertise and the complexity of navigating intellectual property landscapes are critical components that need careful navigation. Consequently, many promising ventures fail to navigate these obstacles, resulting in lost potential and wasted resources.

The Promise of Frameworks in Deep Tech

While the challenges are significant, they are not insurmountable. Frameworks offer a structured approach to innovation, providing a roadmap that can guide ventures from inception to commercialization. By systematically addressing key parameters in complex market environments, frameworks can mitigate risks and enhance the likelihood of success.

The Venture Readiness System

The Venture Readiness System stems from extensive research on managing deep tech innovation projects. It focuses on evaluating and promoting technology transfer spin-offs and technology startups, particularly in deep tech fields. This system supports innovators, scientists, and engineers in the commercialization process through a digital and process-optimized approach.

Key Parameters for Success in Deep Tech Ventures

1. Innovation Evaluation: Assessing the novelty and potential impact of the technology.2. Market Validation: Ensuring there is a viable market need and demand.3. Regulatory Pathways: Navigating the complex regulatory landscape effectively.4. Funding and Resources: Securing the necessary financial and infrastructural support.5. Team and Leadership: Building a capable and committed team.6. Scalability: Ensuring the solution can be scaled to meet market demands.

Practical Implementation: Steps to Success

1. Initial Assessment: Conduct a thorough evaluation of the technology and its market potential.2. Framework Application: Apply the Venture Readiness System to understand and structure the development process.3. Continuous Monitoring: Regularly review and adjust the approach based on feedback and results, the venture readiness system framework supports with the review.4. Stakeholder Engagement: Involve key stakeholders, including investors, regulators, and end-users, throughout the process and especially at the right time.5. Scalability Planning: Develop strategies to scale the solution effectively once it proves viable.

Driving Deep Tech Innovation

The application of structured frameworks, like the Venture Readiness System, can transform the deep tech industry by reducing the failure rate of early ventures. By focusing on critical success parameters and employing a systematic approach, deep tech ventures can not only survive but thrive, bringing innovative solutions to market and driving significant impact in their respective fields.

Imprint

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Keltenstr. 8
86934 Reichling
Vertreten durch:
Leonard Rinser
Kontakt:
Telefon: +49-15737261900
E-Mail: [email protected]
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Leonard Rinser
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Data privacy

1.Information about the collection of personal data and contact details of the person responsible.1.1 We are pleased that you are visiting our website and thank you for your interest. In the following, we inform you about the handling of your personal data when using our website. Personal data in this context is all data with which you can be personally identified.1.2 The person responsible for data processing on this website within the meaning of the General Data Protection Regulation (DSGVO) is Leonard Rinser, Keltenstr. 8, 86934 Reichling, Germany, Tel.: +49 1573 7261900, e-mail: [email protected]. The controller is the natural or legal person who alone or jointly with others determines the purposes and means of the processing of personal data.2.Data collection when visiting our website
During the mere informational use of our website, i.e. if you do not register or otherwise transmit information to us, we only collect data that your browser transmits to our server (so-called "server log files"). When you visit our website, we collect the following data, which is technically necessary for us to display the website to you:
- Our visited website
- Date and time at the time of access
- Amount of data sent in bytes
- Source/reference from which you came to the site - Browser used
- Operating system used
- IP address used (if applicable: in anonymized form)
The processing is carried out in accordance with Art. 6 para. 1 lit. f DSGVO on the basis of our legitimate interest in improving the stability and functionality of our website. The data is not passed on or used in any other way. However, we reserve the right to check the server log files retrospectively if there are concrete indications of illegal use.
3. Cookies
In order to make visiting our website more attractive and to enable the use of certain functions, we use so-called cookies on various pages. These are small text files that are stored on your terminal device. Some of the cookies we use are deleted after the end of the browser session, i.e. after you close your browser (so-called session cookies). Other cookies remain on your end device and enable us or our partner companies (third-party cookies) to recognize your browser on your next visit (persistent cookies). If cookies are set, they collect and process certain user information such as browser and location data and IP address values to an individual extent. Persistent cookies are automatically deleted after a specified period of time, which may vary depending on the cookie.
If personal data is also processed by individual cookies implemented by us, the processing is carried out in accordance with Art. 6 (1) lit. b DSGVO either for the performance of the contract or in accordance with Art. 6 (1) lit. f DSGVO to protect our legitimate interests in the best possible functionality of the website as well as a customer-friendly and effective design of the site visit.
We may work together with advertising partners who help us to make our internet offer more interesting for you. For this purpose, cookies from partner companies are also stored on your hard drive when you visit our website (third-party cookies). If we cooperate with aforementioned advertising partners, you will be informed individually and separately about the use of such cookies and the scope of the information collected in each case within the paragraphs below.
Please note that you can set your browser so that you are informed about the setting of cookies and can decide individually about their acceptance or exclude the acceptance of cookies for certain cases or in general. Each browser differs in the way it manages cookie settings. This is described in the help menu of each browser, which explains how you can change your cookie settings. You can find this for each browser at the following links:
Internet Explorer: http://windows.microsoft.com/de-DE/windows-vista/Block-or-allow-cookies
Firefox: https://support.mozilla.org/de/kb/cookies-erlauben-und-ablehnen
Chrome: http://support.google.com/chrome/bin/answer.py?hl=de&hlrm=en&answer=95647 Safari: https://support.apple.com/de-de/guide/safari/sfri11471/mac
Opera: http://help.opera.com/Windows/10.20/de/cookies.html
Please note that if you do not accept cookies, the functionality of our website may be limited.
4. Contacting
Personal data is collected when contacting us (e.g. via contact form or e-mail). Which data is collected in the case of using a contact form can be seen from the respective contact form. This data is stored and used exclusively for the purpose of responding to your request or for contacting you and the associated technical administration. The legal basis for the processing of this data is our legitimate interest in responding to your request in accordance with Art. 6 (1) lit. f DSGVO. If your contact aims at the conclusion of a contract, the additional legal basis for the processing is Art. 6 (1) lit. b DSGVO. Your data will be deleted after final processing of your request. This is the case if it can be inferred from the circumstances that the matter in question has been conclusively clarified and provided that there are no statutory retention obligations to the contrary.
5. Online appointment
Calendly
This website uses the "Calendly" software of the provider Calendly, LLC, BB&T Tower, 271 17th St NW, Atlanta, GA 30363, USA to provide an online appointment booking function.
For the purpose of scheduling appointments, first and last name as well as email address (and telephone number, if a telephone appointment is desired) are collected pursuant to Art. 6 (1) lit. b DSGVO and transmitted to Calendly pursuant to Art. 6 (1) lit. f DSGVO based on our legitimate interest in effective customer management and efficient appointment management and stored there for the appointment organization. After the appointment has been held or after the agreed appointment period has expired, your data will be deleted by Calendly. We have concluded an order processing agreement with Calendly ("Data Processing Addendum", available at https://calendly.com/pages/dpa), in which we oblige Calendly to protect the data of our customers in accordance with the legal requirements. Calendly generally transfers collected information outside of the European Economic Area and relies on so-called standard data protection clauses of the European Commission, which are intended to ensure compliance with the European level of data protection.
Details of Calendly's data protection policy can be found here: https://calendly.com/de/pages/privacy
6. Comment function
In the context of the comment function on this website, in addition to your comment, information on the time of creation of the comment and the comment name you have chosen will be stored and published on this website. Furthermore, your IP address will be logged and stored. This storage of the IP address is done for security reasons and in case the person concerned violates the rights of third parties or posts illegal content through a submitted comment. We need your e-mail address in order to contact you if a third party objects to your published content as being illegal. The legal basis for the storage of your data is Art. 6 para. 1 lit. b and f DSGVO. We reserve the right to delete comments if they are objected to by third parties as unlawful.
7. Use of customer data for direct advertising7.1 Registration for our e-mail newsletter
If you register for our e-mail newsletter, we will send you regular information about our offers. The only mandatory data for sending the newsletter is your e-mail address. The provision of further data is voluntary and will be used to address you personally. For sending the newsletter we use the so-called double opt-in procedure. This means that we will only send you an e-mail newsletter after you have expressly confirmed that you consent to receiving newsletters. We will then send you a confirmation e-mail asking you to confirm that you wish to receive the newsletter in the future by clicking on an appropriate link.
By activating the confirmation link, you give us your consent for the use of your personal data in accordance with Art. 6 (1) lit. a DSGVO. When you register for the newsletter, we store your IP address entered by your Internet service provider (ISP) as well as the date and time of registration in order to be able to trace any possible misuse of your e-mail address at a later date. The data collected by us when you register for the newsletter will be used exclusively for the purpose of addressing you in an advertising manner by way of the newsletter. You can unsubscribe from the newsletter at any time via the link provided for this purpose in the newsletter or by sending a corresponding message to the person responsible mentioned at the beginning. After unsubscribing, your e-mail address will be deleted from our newsletter distribution list immediately, unless you have expressly consented to further use of your data or we reserve the right to use your data in a manner that goes beyond this, which is permitted by law and about which we inform you in this declaration.
7.2 Newsletter dispatch via MailChimp
Our email newsletters are sent via the technical service provider The Rocket Science Group, LLC d/b/a MailChimp, 675 Ponce de Leon Ave NE, Suite 5000, Atlanta, GA 30308, USA (http://www.mailchimp.com/), to whom we pass on the data you provided when registering for the newsletter. This transfer takes place in accordance with Art. 6 (1) lit. f DSGVO and serves our legitimate interest in using a newsletter system that is effective in advertising, secure and user-friendly. Please note that your data is usually transferred to a MailChimp server in the USA and stored there.
MailChimp uses this information to send and statistically evaluate the newsletters on our behalf. For the evaluation, the emails sent contain so-called web beacons or tracking pixels, which are single-pixel image files that are stored on our website. This makes it possible to determine whether a newsletter message has been opened and which links, if any, have been clicked on. With the help of the web beacons, Mailchimp automatically creates general, non-personal statistics about the response behavior to newsletter campaigns. However, based on our legitimate interest in the statistical evaluation of newsletter campaigns for the optimization of promotional communication and better targeting of recipient interests, the web beacons also collect and utilize data of the respective newsletter recipient (mail address, time of retrieval, IP address, browser type and operating system) in accordance with Art. 6 (1) lit f DSGVO. This data allows an individual conclusion to be drawn about the newsletter recipient and is processed by Mailchimp for the automated creation of statistics that reveal whether a particular recipient has opened a newsletter message.
If you wish to deactivate the data analysis for statistical evaluation purposes, you must unsubscribe from the newsletter.
MailChimp may also use this data itself in accordance with Art. 6 (1) (f) DSGVO on the basis of its own legitimate interest in the needs-based design and optimization of the service, as well as for market research purposes, for example to determine which countries the recipients come from. However, MailChimp does not use the data of our newsletter recipients to write to them itself or to pass them on to third parties.
To protect your data in the USA, we have concluded a data processing agreement ("Data Processing Agreement") with MailChimp based on the standard contractual clauses of the European Commission to enable the transfer of your personal data to MailChimp. If you are interested, this data processing agreement can be viewed at the following Internet address: https://mailchimp.com/legal/data-processing-addendum/.
You can view the privacy policy of MailChimp here: https://mailchimp.com/legal/privacy/
8. Use of social media: videos
8.1 Use of Vimeo videos
Plugins of the video portal Vimeo of Vimeo, LLC, 555 West 18th Street, New York, New York 10011, USA are integrated on our website. When you call up a page of our website that contains such a plugin, your browser establishes a direct connection to the servers of Vimeo. The content of the plugin is transmitted by Vimeo directly to your browser and integrated into the page. Through this integration, Vimeo receives the information that your browser has accessed the corresponding page of our website, even if you do not have a Vimeo account or are not currently logged in to Vimeo. This information (including your IP address) is transmitted by your browser directly to a Vimeo server in the USA and stored there.
If you are logged in to Vimeo, Vimeo can directly assign your visit to our website to your Vimeo account. If you interact with the plugins (such as pressing the start button of a video), this information is also transmitted directly to a Vimeo server and stored there.
The described data processing operations are carried out pursuant to Art. 6 (1) lit. f DSGVO on the basis of Vimeo's legitimate interest in market research and the demand-oriented design of the Vimeo service. If you do not want Vimeo to assign the data collected via our website directly to your Vimeo account, you must log out of Vimeo before visiting our website.
For the purpose and scope of the data collection and the further processing and use of the data by Vimeo, as well as your rights in this regard and setting options for protecting your privacy, please refer to the privacy policy of Vimeo: https://vimeo.com/privacy.
For videos from Vimeo that are embedded on our site, the tracking tool Google Analytics of Google Ireland Limited, Gordon House, 4 Barrow St, Dublin, D04 E5W5, Ireland, is automatically integrated. This is Vimeo's own tracking, to which we have no access and which cannot be influenced by our site. Google Analytics uses so-called "cookies" for tracking, which are text files that are stored on your computer and allow an analysis of your use of the website. The information generated by the cookie about your use of the website will be transmitted to and stored by Google on servers in the United States.
This processing is carried out in accordance with Art. 6 (1) lit. f DSGVO on the basis of Vimeo's legitimate interest in the statistical analysis of user behavior for optimization and marketing purposes.
As far as legally required, we have obtained your consent for the processing of your data as described above in accordance with Art. 6 para. 1 lit. a DSGVO. You can revoke your consent at any time with effect for the future. To exercise your revocation, deactivate this service in the "Cookie Consent Tool" provided on the website.
8.2 Use of Youtube videos
This website uses the Youtube embedding function to display and play videos of the provider "Youtube", which belongs to Google Ireland Limited, Gordon House, 4 Barrow St, Dublin, D04 E5W5, Ireland ("Google").
The extended data protection mode is used here, which, according to the provider, only triggers the storage of user information when the video(s) is/are played. If the playback of embedded Youtube videos is started, the provider "Youtube" uses cookies to collect information about user behavior. According to information from "Youtube", these are used, among other things, to collect video statistics, to improve user-friendliness and to prevent abusive behavior. If you are logged in to Google, your data is directly assigned to your account when you click on a video. If you do not want the assignment with your profile at YouTube, you must log out before activating the button. Google stores your data (even for users who are not logged in) as usage profiles and evaluates them. Such an evaluation is carried out in particular in accordance with Art. 6 (1) lit. f DSGVO on the basis of Google's legitimate interests in the insertion of personalized advertising, market research and/or needs-based design of its website. You have the right to object to the creation of these user profiles, whereby you must contact YouTube to exercise this right. The use of YouTube may also result in the transmission of personal data to the servers of Google LLC.

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