Two hands holding a lit-up sparkler

Set Your Idea Alight

Igniter

Igniter is an intensive program for UW–Madison innovators committed to bringing a technology, device, app, consumer product or social impact solution to market.

Igniter will take you on a deep dive through the Business Model Canvas, where you’ll develop and test hypotheses related to desirability, feasibility, and viability as you work to reduce risk and create a roadmap to impact for your idea, discovery or invention. You’ll learn through group sessions plus individualized coaching and can apply for up to $5,000 to test business model assumptions.

Igniter is for you if you:

  • Have a principal team member who is a UW–Madison faculty, student, staff (including UW affiliates)
  • Have taken your idea through a Lean LaunchPad program or equivalent (e.g. D2P’s Innovation to Market, an NSF I-Corps program).
  • Have done initial customer discovery.
  • Can commit significant time to business development.

Igniter is led by D2P’s expert mentors – veteran business developers, product managers and entrepreneurs, all certified as NSF I-Corps Instructors, with industry expertise in life sciences, healthcare, IT, engineering, cleantech, energy, agriculture, food, consumer products and more. You’ll also be mentored by and network with key members of the local ecosystem.

After Igniter, you will have developed a solid commercialization plan and be ready for the next steps such as a business launch, an investment accelerator, initial fundraising, or SBIR/STTR grant application. Post-program, you can access ongoing support from D2P in each stage of your entrepreneurial journey.

Read about some of the startups and innovators who have participated in D2P programs.

All D2P programs are free and open to UW–Madison faculty, staff, and students, and employees of UW–Madison affiliate organizations.

Find out if Igniter is right for you! Sign up for a Mentor Chat! (required prior to applying if you are new to D2P)

Fall 2024/Spring 2025 program

Dates: October 8 – March 18

Tuesdays
from 9-11 a.m.

Schedule:
• October 8 (in person at D2P)
• October 22
• November 5, 19
• December 3, 17
• January 7, 21
• February 4, 18
• March 4
• March 18 (in person at D2P)

Course includes 12 weeks of instruction plus regular mentor meetings, and spans fall and spring semesters with a break in between. The format mixes virtual and in-person meetings and includes interactive cohort sessions, self-directed learning and individualized coaching.

Igniter uses a “flipped classroom” approach. The format mixes virtual and in-person meetings and includes interactive cohort sessions, self-directed learning and individualized coaching.

IGNITER PROGRAM DETAILS

Prerequisites and Requirements:

  • A well-articulated idea (innovation), i.e., a new product, service, technology or solution to a social problem that you have reason to believe is technically feasible.
  • At least one active team lead must have a current affiliation with UW Madison (faculty, student, staff or affiliate employee).
  • Completed at least one innovation training course such as UW Madison’s Innovation to Market, NSF I-Corps (local, regional or national), other similar “Lean LaunchPad” program, or demonstrated achievement of similar milestones.
  • Already completed 20 or more discovery interviews with relevant ecosystem stakeholders.
  • Set a pre-application meeting with a D2P mentor. Sign up for a Mentor Chat if you are not already working with a D2P mentor.
  • Commit to:
    • Attending all 12 sessions (two in person, 10 via Zoom).
    • Completing work and meeting with mentors outside of class (on average, 3-4 hours per week).
    • Active participation during sessions.

Benefits:

  • Free admission (registration cost covered by D2P) for one person per team to the Early Stage Symposium (Madison, Nov. 13-14)
  • Invitation to the Chancellor’s Entrepreneurial Achievement Awards (April)
  • Up to $5,000 grant (additional application required) for use in 2025 for testing business model assumptions.
  • Individualized coaching from expert mentors
  • Access to additional ecosystem events and networking opportunities

 

Igniter Learning Objectives:

  • Dive deep into all components of the Business Model Canvas (create, test, and refine); Customer Segments, Value Proposition, Revenue Streams, Channels, Customer Relationships, Key Activities, Key Resources, Key Partners, and Cost Structure.
  • Learn how to gather insights to validate or invalidate hypotheses via discovery interviews and other experiments to test business model assumptions.
  • Learn to spend money resourcefully to de-risk assumptions in the business model.
  • Develop key milestones, financing options, and overall business timeline to implement.
  • Develop and refine pitches and presentations to partners or investors.
  • Network with key stakeholders in the local innovation ecosystem.

Expected Outcomes:

  • Developed a clearly defined business model roadmap with steps, informed milestones, and a timeline with identified funding options.
  • Conducted 40+ additional in-depth discovery interviews and at least one business model experiment resulting in evidence-based actionable plans.
  • Ready for the next steps, from business launch to investment accelerator, initial fundraising, SBIR/STTR, or other.