Project Steps
Brainstorming
Initial meeting to discuss your idea. This meeting develops the idea from an engineering, marketing and financial perspective.
Specification and Feasibility
At this initial stage of the project, the customer provides requirements (product features) while the development company prepares engineering and design requirements and design (engineering feasibility), market survey on similar products, product specification based on results, product sketching, marketing concepts (marketing feasibility), and preliminary unit cost assessment for mass production (financial feasibility).
Prototype Construction
Transfer from planning to production. This is a challenging phase which requires lots of work, resources, and raw materials. Therefore, this is a delicate step in transitioning the idea into an actual product. Results of specification are one of the most important parameters in determining whether or not to begin prototype development.
Patent Search & Registration
To protect your idea and business venture, we recommend searching and registering your patent (if possible; it is not always possible). To accomplish this, we work in close coordination with the law firm of “Luzzatto and Luzzatto“ , providing you with the utmost assurance the search and registration process has been done properly.
Marketing
Building a marketing strategy, creating one-pager, videos, and a business plan. This stage is vital preparation for onboarding investors. The more you put into this stage and come prepared with information to offer investors, the greater the chances of success your fundraising will have.
Investor Recruiting
We assist you by providing connections to angel investors (private investors), crowdfunding, venture capital funds, and grants.