Update Venture DNA and Commit to Next Action
File the Industry Validation Partner Brief and feedback synthesis into the formal venture data room, ensuring full auditability. Update the core Venture DNA attributes regarding target market, value proposition, and commercial strategy, then select the next sequential task in the programme.
Archiving the asset and updating the Venture DNA codifies newly validated market reality into the venture's foundational record. It maintains momentum by immediately mapping the validation findings to the next logical commercialisation milestone.
An updated data room containing the validated artefact, refreshed Venture DNA records reflecting industry feedback, and a formally logged next task recommendation such as TTO Term Sheet Negotiation or Pilot Agreement Drafting.
Five questions an expert would ask when reviewing your output
Use these to challenge assumptions, pressure-test your logic, and check the quality of this action's output in the context of the parent task and wider venture development.
- 1
How exactly has the industry validation feedback changed your core Venture DNA attributes?
- 2
Is the Industry Validation Partner Brief formatted and stored so an external auditor or investor can verify its lineage?
- 3
Why is the chosen follow-on task the most logical next step given the risk signals identified in partner feedback?
- 4
How will you communicate these updated validation insights to your University Technology Transfer Office?
- 5
What specific criteria will determine whether you need to revisit industry validation after your next technical milestone?