Use the Innovation Fund Lean Canvas to communicate your initiative in an easily presentable format.
Purpose of a lean canvas
The A3 lean canvas is a tool that helps you to get an idea out of your head and into an easily digestible format. The lean canvas is an adaptation of the Business Model Canvas.
Unlike a business plan that can take a long time to write, the lean canvas is designed to communicate your application for rapid evaluation.
What your lean canvas should cover
It needs to cover important aspects like:
- Who your tier 1 or 2 sponsors are from each agency
- The crucial problem you’re trying to solve
- What are you planning to do, and how you’re planning to do it
- What success looks like
- What the deliverables, timing, and financials are.