Anchor for Innovation

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https://www.addtoany.com/add_to/email?linkurl=https%3A%2F%2Furbanei.org%2Fpodcast%2Fanchor-for-innovation%2F&linkname=Anchor%20for%20Innovationhttps://www.addtoany.com/add_to/linkedin?linkurl=https%3A%2F%2Furbanei.org%2Fpodcast%2Fanchor-for-innovation%2F&linkname=Anchor%20for%20Innovationhttps://www.addtoany.com/add_to/x?linkurl=https%3A%2F%2Furbanei.org%2Fpodcast%2Fanchor-for-innovation%2F&linkname=Anchor%20for%20Innovationhttps://www.addtoany.com/add_to/threads?linkurl=https%3A%2F%2Furbanei.org%2Fpodcast%2Fanchor-for-innovation%2F&linkname=Anchor%20for%20Innovationhttps://www.addtoany.com/add_to/facebook?linkurl=https%3A%2F%2Furbanei.org%2Fpodcast%2Fanchor-for-innovation%2F&linkname=Anchor%20for%20Innovationhttps://www.addtoany.com/add_to/bluesky?linkurl=https%3A%2F%2Furbanei.org%2Fpodcast%2Fanchor-for-innovation%2F&linkname=Anchor%20for%20Innovationhttps://www.addtoany.com/add_to/mastodon?linkurl=https%3A%2F%2Furbanei.org%2Fpodcast%2Fanchor-for-innovation%2F&linkname=Anchor%20for%20Innovationhttps://www.addtoany.com/add_to/whatsapp?linkurl=https%3A%2F%2Furbanei.org%2Fpodcast%2Fanchor-for-innovation%2F&linkname=Anchor%20for%20Innovationhttps://www.addtoany.com/add_to/reddit?linkurl=https%3A%2F%2Furbanei.org%2Fpodcast%2Fanchor-for-innovation%2F&linkname=Anchor%20for%20Innovationhttps://www.addtoany.com/add_to/instapaper?linkurl=https%3A%2F%2Furbanei.org%2Fpodcast%2Fanchor-for-innovation%2F&linkname=Anchor%20for%20Innovationhttps://www.addtoany.com/add_to/kindle_it?linkurl=https%3A%2F%2Furbanei.org%2Fpodcast%2Fanchor-for-innovation%2F&linkname=Anchor%20for%20Innovationhttps://www.addtoany.com/share#url=https%3A%2F%2Furbanei.org%2Fpodcast%2Fanchor-for-innovation%2F&title=Anchor%20for%20Innovation AUDIO LISA PRASAD BEGAN HER ENTREPRENEURIAL JOURNEY FACILITATING COMMUNITY DEVELOPMENT AROUND “ANCHOR” INSTITUTIONS. NOW SHE IS LEADING A NEW WAVE OF INNOVATION AT ONE SUCH INSTITUTION. Lisa Prasad emigrated to Michigan from India at age 10. She learned English by watching episodes of Gilligan’s Island, an experience that was an early indication of Lisa’s voracious curiosity about her newfound home and the world in general. By the time Lisa completed her college education at University of Michigan and University of Pennsylvania, she had the analytical and business skills to turn her curiosity into real value. Lisa cut her teeth as an urban innovator by first working in the consulting industry, then working for a pioneering U Penn initiative to revitalize the West Philadelphia neighborhood around the university. She later took what she learned from that effort to co-found U3 Ventures, a company dedicated to revitalizing the community around “anchor institutions” like universities and hospital systems. This work brought Lisa back to Michigan, where she is today the Vice President and Chief Innovation Officer at Henry Ford Health. In her current role, Lisa is leading a new wave of health care innovation and incubating a new cadre of health care entrepreneurs. ---------------------------------------- EPISODE SUMMARY In this episode of Urban Game Changers, Lisa Prasad, Vice President and Chief Innovation Officer at Henry Ford Health, shares her journey from consulting and academia to entrepreneurship and healthcare leadership. She discusses how innovation happens inside complex systems, the role of anchor institutions in driving economic development, and how Detroit is emerging as a hub for healthcare innovation. Lisa breaks down the realities of building and scaling new ventures—emphasizing that the most successful founders start with a clearly defined problem, not just a compelling idea or technology. She also offers a behind-the-scenes look at how health systems evaluate, pilot, and commercialize new technologies, and what it takes for startups to successfully navigate highly regulated environments. From lessons learned during the 2008 financial crisis to building innovation ecosystems that connect clinicians, entrepreneurs, and investors, this conversation highlights the intersection of entrepreneurship, healthcare, and community impact—and what it really takes to turn ideas into meaningful change. ---------------------------------------- * Urban Game Changers Episode 11 * Anchor for Innovation * Guest: Lisa Prasad, Vice-President and Chief Innovation Officer at Henry Ford Health * Release date: April 2, 2026 * Length: 56:41 ---------------------------------------- * Executive Producer & Host: W. David Tarver * Producer & Editor: Ben Reynolds * Associate Producers: Anshiqa Miskowski and Felipé Furtado, MD ---------------------------------------- If you enjoyed this conversation, be sure to subscribe to Urban Game Changers and share this episode with someone building or supporting ventures in their community. ---------------------------------------- CHAPTER MARKERS 00:00 — Why startups fail to define the problem 00:26 — Introduction to Lisa Prasad & Henry Ford Health 01:08 — A non-linear career across consulting, startups, and healthcare 02:10 — Growing up between India and the U.S. & embracing uncertainty 03:15 — Education: University of Michigan & UPenn 04:24 — Starting in consulting: lessons from early career 06:05 — The pros and limits of consulting work 08:20 — Moving to University of Pennsylvania & community development 09:24 — Transforming West Philadelphia: anchor institution strategy 13:05 — How institutions catalyze private investment 15:53 — Becoming an accidental entrepreneur (U3 Ventures) 18:00 — The realities of starting a company 21:24 — Navigating the 2008 financial crisis as a founder 23:20 — Applying anchor strategies to cities like Detroit 25:03 — Commercializing innovation inside healthcare systems 28:00 — Returning to Michigan & building Henry Ford Innovations 29:25 — What the Innovation Institute actually does 32:30 — Example: solving hospital inefficiencies (OR delays) 34:49 — How healthcare systems generate ROI from innovation 36:00 — How startups partner with large health systems 37:00 — The #1 mistake founders make 38:30 — Evaluating startups: what makes the cut 39:40 — Turning ideas into real-world healthcare solutions 41:00 — Building an innovation ecosystem in Detroit 43:00 — Measuring success in innovation programs 46:30 — What founders don’t understand about healthcare adoption 50:00 — Lessons from a career across sectors 52:00 — Empathy for entrepreneurs navigating uncertainty 54:00 — Scaling innovation at Henry Ford Health 55:00 — Final advice: just start The post Anchor for Innovation [https://urbanei.org/podcast/anchor-for-innovation/] appeared first on Urban Entrepreneurship Initiative [https://urbanei.org].

Sustainable Samaritan

https://www.addtoany.com/add_to/email?linkurl=https%3A%2F%2Furbanei.org%2Fpodcast%2Fsustainable-samaritan%2F&linkname=Sustainable%20Samaritanhttps://www.addtoany.com/add_to/linkedin?linkurl=https%3A%2F%2Furbanei.org%2Fpodcast%2Fsustainable-samaritan%2F&linkname=Sustainable%20Samaritanhttps://www.addtoany.com/add_to/x?linkurl=https%3A%2F%2Furbanei.org%2Fpodcast%2Fsustainable-samaritan%2F&linkname=Sustainable%20Samaritanhttps://www.addtoany.com/add_to/threads?linkurl=https%3A%2F%2Furbanei.org%2Fpodcast%2Fsustainable-samaritan%2F&linkname=Sustainable%20Samaritanhttps://www.addtoany.com/add_to/facebook?linkurl=https%3A%2F%2Furbanei.org%2Fpodcast%2Fsustainable-samaritan%2F&linkname=Sustainable%20Samaritanhttps://www.addtoany.com/add_to/bluesky?linkurl=https%3A%2F%2Furbanei.org%2Fpodcast%2Fsustainable-samaritan%2F&linkname=Sustainable%20Samaritanhttps://www.addtoany.com/add_to/mastodon?linkurl=https%3A%2F%2Furbanei.org%2Fpodcast%2Fsustainable-samaritan%2F&linkname=Sustainable%20Samaritanhttps://www.addtoany.com/add_to/whatsapp?linkurl=https%3A%2F%2Furbanei.org%2Fpodcast%2Fsustainable-samaritan%2F&linkname=Sustainable%20Samaritanhttps://www.addtoany.com/add_to/reddit?linkurl=https%3A%2F%2Furbanei.org%2Fpodcast%2Fsustainable-samaritan%2F&linkname=Sustainable%20Samaritanhttps://www.addtoany.com/add_to/instapaper?linkurl=https%3A%2F%2Furbanei.org%2Fpodcast%2Fsustainable-samaritan%2F&linkname=Sustainable%20Samaritanhttps://www.addtoany.com/add_to/kindle_it?linkurl=https%3A%2F%2Furbanei.org%2Fpodcast%2Fsustainable-samaritan%2F&linkname=Sustainable%20Samaritanhttps://www.addtoany.com/share#url=https%3A%2F%2Furbanei.org%2Fpodcast%2Fsustainable-samaritan%2F&title=Sustainable%20Samaritan AUDIO JONATHAN KUMAR BUILT A SUSTAINABLE, FOR-PROFIT BUSINESS THAT ADDRESSES THE NEEDS OF HOMELESS PEOPLE. Jonathan Kumar was born in Buffalo, New York, where his parents had landed after migrating from India. His father was a student, his mother a homemaker. They barely had enough to get by, but supportive community organizations and people made an important difference and enabled the family to survive and later thrive in their adopted country. Jonathan didn’t forget that lesson. As a business school student at the University of Michigan, he grew familiar with entrepreneurship as a career path. Though he had not intended to be a “social entrepreneur,” his early experiences in business and advice from a trusted mentor pushed him in that direction. He moved to Seattle after graduation, and seeing the large numbers of people living on the streets there motivated him toward finding a solution. ---------------------------------------- EPISODE SUMMARY In this episode of Urban Game Changers, Samaritan founder Jonathan Kumar shares a candid look at what it takes to build and sustain a venture in a field that doesn’t seem amenable to entrepreneurial solutions. He unpacks the realities of addressing homelessness through technology and business model innovation, and highlights challenges related to public perception, access to capital, and limitations of traditional philanthropy. The conversation explores a key shift in thinking: moving from donor-dependent models to customer-driven, sustainable solutions. Jonathan reflects on his career journey, which didn’t initially include thoughts of being a “social entrepreneur.” He emphasizes resilience, adaptability, and the satisfaction he derives from solving important problems for “real people.” This episode offers a grounded perspective on what it means to build for impact—balancing mission with strategy, and vision with execution. ---------------------------------------- * Urban Game Changers Episode 10 * Sustainable Samaritan * Guest: Jonathan Kumar, Founder of Samaritan.city * Release date: March 19, 2026 * Length: 1:09:26 ---------------------------------------- * Executive Producer & Host: W. David Tarver * Producer & Editor: Ben Reynolds * Associate Producers: Anshiqa Miskowski and Felipé Furtado, MD ---------------------------------------- If you enjoyed this conversation, be sure to subscribe to Urban Game Changers and share this episode with someone building or supporting ventures in their community. ---------------------------------------- CHAPTER MARKERS 00:00 – The Reality of Homelessness in Seattle Opening reflection on visible human suffering and the problem that sparked the mission 00:14 – Introduction to Jonathan Kumar & Samaritan Overview of Samaritan as a for-profit solution to homelessness 01:24 – Immigrant Upbringing & Early Exposure to Poverty Growing up on public assistance and the impact of community support 03:25 – Education & Early Entrepreneurial Path (University of Michigan) Informatics, interdisciplinary learning, and startup exposure 06:59 – First Ventures & Entrepreneurial Origins North Campus community building, TEDx, and self-created opportunities 09:00 – Building a Startup Without a Path Creating your own internship → documentary → early startup thinking 11:00 – Food Circles: First Startup & Key Pivot From “eBay for restaurants” to a social impact business model 13:00 – Solving Needs vs Wants The critical shift toward meaningful, mission-driven entrepreneurship 14:30 – Expansion Challenges & Business Model Failure Scaling to new markets and why unit economics didn’t work 16:00 – Moving to Seattle & Facing Failure Second market struggles and questioning long-term direction 19:00 – Food Circles as “Grad School” for Entrepreneurship Lessons learned from failure, sales, and building 20:00 – Identifying the Real Problem: Homelessness Observing systemic issues and missed opportunities to help 21:00 – The Idea Behind Samaritan Making giving easier, more effective, and more human 22:00 – Customer Discovery on the Streets Conducting hundreds of interviews with unhoused individuals 23:30 – Key Insight: Relational Poverty Why lack of social capital—not just money—drives homelessness 26:30 – Why It’s So Hard to Escape Homelessness The compounding barriers: health, sleep, logistics, and stigma 28:00 – Can You Build a Business Solving This? The challenge of making impact both scalable and sustainable 29:00 – For-Profit vs Nonprofit Decision Why scale, technology, and sustainability led to a for-profit model 30:00 – Funding Challenges in Social Innovation Why traditional philanthropy doesn’t fund tech solutions 32:00 – Customers vs Donors Mindset Shift Building a repeatable, scalable business vs relying on donations 34:30 – The Origin of Samaritan (Pitch Story) Rewriting a pitch mid-flight → silent pitch → early traction 36:00 – Startup Weekend & First Team Formation Finding a technical co-founder and building the first prototype 37:00 – Initial Business Model: Transactions & Donations Bluetooth beacons + app-based giving experiment 39:00 – Why the First Model Failed User adoption challenges and unsustainable monetization 40:00 – First Breakthrough Story (Charles) How trust + consistent engagement led to housing outcomes 44:00 – Proving Value to Nonprofits How Samaritan improved engagement and outcomes 45:00 – Early Funding & Survival Living lean + small angel investments 46:00 – First Real Customer: Paul Allen’s Real Estate Group $100K pilot validating the model 48:00 – Evolving Toward a Sustainable Model Shifting from philanthropy to outcome-driven funding 50:00 – The Pivot to Healthcare as a Customer Why hospitals and insurers became the key revenue driver 52:00 – How the Healthcare Model Works Reducing ER visits → saving money → creating a viable business The post Sustainable Samaritan [https://urbanei.org/podcast/sustainable-samaritan/] appeared first on Urban Entrepreneurship Initiative [https://urbanei.org].

20. mar. 20261 h 9 min

Anchor for Innovation

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1 month for 9 kr.

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