About Nesta

Nesta is a research and innovation foundation. We apply our deep expertise in applied methods to design, test and scale solutions to some of the biggest challenges of our time, working across the innovation lifecycle.

You have decided to move forward to the final development of your idea. You feel you have sufficient information and insight in order to build a final blueprint or business plan for your idea.   

It may be beneficial to pilot your service in order to get more detailed feedback. You will however need to re-engage with the key decision-makers at this point to ensure that there is buy-in and support for taking your idea out of the prototyping stage.

When sharing your work with the decision-makers, ensure you have answers to the following questions:

  1. How has prototyping helped shape this product/service and ensure it is fit for purpose?
  2. What is the demonstrable value of this new product/service?
  3. How can it go from a prototype to a functioning product/service?
  4. Who are the partners, what is the cost, where is the revenue?

There will be a number of things you will need to demonstrate before building your business plan; the business planning tool in the next section should help you.