Healthcare Technology Featured Article

February 03, 2014

City of Avondale Arizona forms Partnership to Nurture Healthcare and IT Innovations

Coming up with a great idea is just one of many different components required to build a sustainable business model that will succeed in the real world. If one or more of these components is not addressed with the right know-how, it can delay the launch of the product or retard growth permanently, eventually resulting in the demise of that great idea. Tallwave, a company that validates, scales and manages early-stage and growth ventures with a hands-on approach, is partnering with the city of Avondale Arizona to guide and accelerate healthcare and technology startups with the Avondale Venture Blueprint Training.

Tallwave was formed by senior executives from Google, Yahoo, Microsoft and icrossing in 2010 as a venture accelerator and management firm to help in moving entrepreneurs beyond the concept stage and to early growth and go-to-market strategy.

The training program is a 12 week healthcare and technology entrepreneurial course partly sponsored by Arizona Public Services and Infusionsoft to strengthen early stage venture visibility.

Avondale Venture Blueprint is especially designed to address the necessary skill sets and knowledge entrepreneurs will need in order to gain experience and acquire the tools to help them better understand the process of launching, growing, and sustaining their business. The platform is an active, immersive and practical learning experience that can be applied in real world settings in order to help the participants meet the challenges they face head on.

Entrepreneurs will be able to:

  • Assess - strengths, gaps and key areas of uncertainty in their business
  • Validate - new or existing hypothesis and iterate on new concepts or ideas
  • Execute - by making informed decisions based on application of best practices, proven methodologies and insights generated from new learnings and validation
  • Articulate - valuable learnings, value propositions and insights to investors, clients and other stakeholders surrounding their business

"The strategy to attract, retain and grow innovation in the City is critical in creating a vital, competitive economy. We developed Venture Blueprint to accelerate businesses' success and help connect entrepreneurs with the resources they need, and to ensure they are ready to move successfully to the next stage of their maturity. Our Venture Blueprint program is focused on reducing the 98 percent failure rate of startups," said Donna Kent, senior vice president, Venture Development for Tallwave.

The course will begin March 18, 2014 with classes held every Tuesday from 5:30 p.m. - 8:30 p.m, and ending on June 3, 2014. Participants will be chosen from a pool of applicants, and each person will be assessed a $100 fee for the course.

Edited by Cassandra Tucker
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