R&D Startup?

Has anyone started a start-up with no idea just yet? Just a process of discovery, R&D style; and a budget where one would put a finite amount of money, let's say $1,000 (or $10,000) and a finite amount of time, let's say a week (or 1 month) and then see which project creates enough positive results to be developed farther; and then - at the same time - continue till 100 projects have been tested.