Innovation can be cash and resource intensive - but it doesn't have to be. Many of the world's largest companies can trace their roots back to one or two Garage Inventors, so named because they literally crafted, cried and built their companies from scratch in the back of their garages and do you think that any of them had a seven figure budget to play with? Where there's a will there's a way.
Today there's a perception that innovation or research and development - whichever phrase you prefer to use has to be labour intensive and expensive but even within highly specialised industries like Defence and Pharmaceutical there are still ways to reduce the amount of time and effort that companies have to invest to get to a Minimal Viable Product and sometimes it can even be free.
At the 311 Institute we know that many Entrepreneurs and small companies we work with struggle to develop their first, then second or third generation hardware, software or services solutions because of resource and cash flow constraints so we crafted the 311 Innovation Sprint methodology to help. Designed from the ground up the 311 Innovation Sprint helps even the smallest under resourced teams to concieve, design, prototype and test new innovative products and solutions within five days and today it's helping hundreds of Entrepreneurs secure the support and funding that they need to grow their companies and turn their dreams into reality.