Disruptive Innovation Podcast (D.I.P.)
By Nakiso Maodza
Disruptive Innovation Podcast (D.I.P.)Mar 22, 2020
Episode 23: MIT Solve Interview On The Gaps Between Ingenuity & Opportunity Worldwide
Episode 22: Why The FinTech Sandbox Is A Critical Piece of The FinTech Startup Playbook, Part 2 of 2
Episode 21: We Ask Some FinTech Thought Leaders, What’s Happening in FinTech Today? - Part 1 of 2
Episode 20: A New Type of VC With Impact Has It’s Eye On Funding 1000 Women & Minority Entrepreneurs
Episode 19: How The USAF Used Innovation Research Programs Like TechStars To Influence Unique Military Funding Approaches To Drive Profound Disruption
In this episode, Mike has a compelling conversation about how Innovation Research Programs Like The New Small Business Grant Programs Are Transforming Military Funding Approaches & The Result Is Profound Disruption To How We Solve Problems.
Geopolitical tensions abound. Asia. The Middle East. Eastern Europe. Africa. For the US military, business as usual is no longer adequate. Dramatic improvements in agility, speed, costs, etc are vital based on today’s global realities. Programs like the US Airforce AFWERX program drive open collaboration across a global ecosystem to enable #innovation at speeds once unimaginable
This episode focuses on the story of 4 young United States Air Force captains, including US Airforce Academy graduate Captain Steven Lauver, active duty U28A pilot & AFWERX accelerator manager, working closely with Warren Katz, Techstars #USAF program Managing Director, to profoundly disrupt how this branch innovates. Steve & Warren share the impressive results of the 1st two cohorts & preview what to expect from their impressive 3rd cohort, now in session. Results from this ground-breaking “experiment” include: -Incorporating a truly global world view of innovation potential and capacity, with participating #startups from Canada , the UK, Poland, Singapore & the US. This is historically unprecedented for military technology sourcing programs
-100% of the 20 startups that have graduated from the program to date remain active. This is unprecedented as deep tech startups fail at alarmingly high rates
-A newly designed, non-dilutive Small Business Innovation Research (SBIR) grant program was significantly improved to minimize bureaucracy and enable funding - approval turnaround times at startup speed. It has seen a 200% increase in applications just two years. Previously, only 10% of TechStars startups applied for the prior version of SBIR grants
-As proof of the efficacy of the improved program $20M in SBIR funding has been secured by the first two 20 startups that have “graduated” from the 2018 & 2019 programs.
-New #VentureCapital investors have joined the ecosystem to support these graduates
- The #USAF culture itself is being transformed, with more service members taking on the growth mindset of "Airmen - #Entrepreneurs" , infused with a sense of ownership of solving problems by leveraging open innovation from Techstars & many other sources. An early breakout success, #VitaInclinata, solved a problem that went unfixed for 75 years. Under the traditional approach, this innovation would never have been identified. Today, they're growing exponentially just one year after graduating from the program. Founder, #CalebCarr, is a Forbes #30under30 designee
- A significant increase in high potential global applicants to this highly selective program
-The early success of this program is now being piloted by other branches of the US military
Stay tuned, next week, when Nakiso is back in the studio to continue the take aways from this episode and build on an exciting discussion with a VC firm that's focused on advancing innovation in a compelling way.
Episode 18: How Reebok Is Using Signals From Other Industries To Innovate & Transform It’s Products
Episode 17: Piaggio Fast Forward & The Future of Personal Mobility
In this episode, Mike interview’s the polymath Professor Jeffrey Schnapp. Jeffrey is a study in duality. An expert on the romance languages, medieval history AND the digital transformation of society, a long-time resident of both Milan, Italy AND Silicon Valley, an endowed Professor & Research Center Director at Harvard and formerly Stanford, AND a founder-entrepreneur, a former top level motorcycle racer AND a visionary on the future of transportation who extols the importance of walking to reclaim civic space - his fascinating multi-disciplinary career path led him to this moment, when endlessly congested cities & the Climate Crisis require imaginative, intelligent personal mobility solutions.
This is where Piaggio Fast Forward, the personal mobility innovation lab that he founded in Boston, comes in. Jeffrey is Co-Founder, former CEO & now Chief Visionary Officer of Boston-based Piaggio Fast Forward, the personal mobility innovation lab of the 150 year old Italian heritage company, Piaggio Group, based in Genoa. Simultaneously, he remains very active at Harvard, as Faculty Director of the (meta) Lab which he founded, and the Berkman Klein Center for Internet and Society.
Piaggio designs & manufacturers 2 of the most successful & ubiquitous motorized vehicles in history- the iconic Vespa scooter & the workhorse 3 wheel Ape. Piaggio’s history of innovation is rich and extremely rare for a dynastic Italian company founded during the period of the US Civil War. Piaggio has been able to successfully evolve from the maritime era of outfitting ships to making leading edge railcars and aeroplanes to scooters, mini-trucks & now, under Jeffrey and team’s leadership, intelligent robots that augment personal mobility
To this end, Piaggio Fast Forward introduced the gita in November of 2019. The gita is their first commercial product offering that supports their vision – “to build technology products that move the way people move”. Further, ” to support a sustainable mobility ecology with healthy lifestyles and social connectivity available to all, regardless of age or abilities.” Please join me for this discussion on this vitally important topic with this endlessly fascinating man.
Episode 16: A Look At Co-Curricular Entrepreneur Education Through Berkeley’s SkyDeck & Babson’s eTower
Episode 15: The Current State Of Entrepreneurship Education At Top Global MBA Programs
Episode 14: It Turns Out It’s The 40 Year Old Entrepreneurs That Are Building The Most Disruptive Companies
While there are certainly notable exceptions, and Zuckerberg starting Facebook at age 24 is certainly one, the numbers bear out the fact that founder-entrepreneurs between 20 and 25 fail at an alarming rate, and that there is a plateau between ages 25 and 35. Starting at age 35, the probability of success increases. Join us for this interesting discussion about age and entrepreurship!
Episode 13: How Pace-Setters Like APF & Growth Markets Like India & China Are Forcing The Hand of Automakers Towards An Emissions Free Future
Episode 12: From Waffle Iron Soles To 100% Recycled Plastic VaporFly Shoes Nike Shows How Sustainable Innovation Is Possible & Profitable
Episode 11: Xerox Goes After HP, The “Grand-Daddy” of Silicon Valley & Shows Sustained Innovation Is Hard!
Xerox, 3X smaller than HP in terms of market capitalization and with 5X less revenue in comparison to HP, is making a truly remarkable play. Join us for this incredible story!
Episode 10: Celebrating The Rise Of The Female Entrepreneur & The Incredible Ecosystems Supporting Their Explosive Growth
Episode 9: How “The Year Of The Unicorn” & Blockbuster IPOs Went “Poof”
Episode 8: How Data Science, ML & AI Are Making InsureTech Relevant
Episode 9: Bonus: MIT Event with Hurst Lin & Rebecca Fanning
Episode 7: HBS Online & Other MOOCs Are Changing How We Learn
Episode 6: AeroFarms Is Transforming Agriculture To Save Humanity Urban Vertical Farming
Episode 5: Using Voice Recordings & Machine Learning To Predict Illness
Episode 4: Bonus: We Are Living In A Software Economy
Episode 4: What is Hard Tech or Deep Tech, and Why Are Companies Investing In It?
Episode 3: Here Comes China! How China Is Betting The Farm On Disrupting Every Industry On The Planet.
Episode 2: Bonus: Future Watching The Technologies Driving Disruption - AI, Machine Learning, Deep Learning, VR/AR.
Episode 1: What Is Disruptive Innovation & Who Is Getting It Right!