Ryerson’s Legal Innovation Zone announces international (virtual) tech entrepreneurship program | BetaKit
This fall, Ryerson University’s legal tech start-up incubator, the Legal Development Zone (LIZ) is introducing Sprint Studio, a totally free brand-new virtual program for tech entrepreneurs worldwide.
The 12-week online program, which starts this fall, is designed to assist entrepreneurs “develop their proof of principle into a market-ready product.” It intends to assist early-stage start-ups build innovative legal tech products and validate their company designs.
“Building an effective product with international reach needs continuous version, mentorship, and engagement.”
The brand-new program was initially expected to release this summertime, but in order to accommodate speakers and “be mindful of those enjoying their summer trip” the LIZ chose to postpone its opening to the fall. Sprint Studio is one of four programs the Ryerson-based incubator revealed last December to serve business owners developing ingenious legal services. Other programs consist of Innovator’s Canvas, Principle Structure, and Incubate.
“Having actually effectively introduced and hosted 2 associates of the Concept Structure program with participants from over 10 countries, the LIZ is now assisting legal tech business owners take the next action,” stated Chris Bentley, co-founder and managing director of the LIZ. “Building a successful item with international reach needs constant iteration, mentorship, and engagement with possible customers. That’s the kind of support we’re seeking to supply.”
The brand-new program will focus, in specific, on initial customer development and constructing a marketable minimum practical item
The LIZ, which opened in May 2015, calls itself “the world’s very first devoted legal tech incubator.” It concentrates on advancing legal options for consumers and businesses by supporting innovative methods designed to enhance legal services and the justice system.
Sprint Studio becomes part of the incubator’s bigger, four-part technique to offer service to legal tech business owners internationally. It starts first with Innovator’s Canvas, a concept feedback module, and after that Principle Framework, a six-week online program that assists entrepreneurs turn their ideas into a proof of principle. Step three is Sprint Studio, and step four is Incubate, an incubation program for market-ready legal tech start-ups with innovative products and disruptive company models.
The LIZ accepts applications to Innovator’s Canvas throughout the year, and applications to Breed on a regular monthly basis.
Between January and June, the LIZ hosted two Principle Structure cohorts that consisted of participants from Canada, Germany, India, Kenya, Mexico, Nigeria, and the United States.
“As the legal industry navigates the challenges and opportunities of remote work, legal tech business owners have the ability to develop and provide services that deal with these challenges and surpass the existing state of legal services delivery,” stated Hersh Perlis, co-founder and director of the LIZ. “Sprint Studio will help bring more legal tech solutions to the international legal market.”
Program participants will engage with online material established by legal, company, and tech industry specialists, under the assistance of LIZ mentors.
Sprint Studio’s very first accomplice starts on September 15, and runs till December 1. Applications to join the program, which are presently open, close on September 1.
Image source Unsplash. Image by Christin Hume.