Manufacturing of PMV mock-ups  

R&D Consulting

What is an MVP?

MVP: The minimum viable product is an initial representation of a product. The goal is to build, with the minimum resources possible and quickly, a representation of the idea to validate key hypotheses.

It is not the same as a minimum viable product and a functional prototype. The MVP is a lightweight version, useful for validating business hypotheses. In contrast, the functional prototype is used to clear technical risks and minimize future investments in the industrial manufacturing process.

The MVP is typically used to show to potential customers and gather feedback on what they would like the future product to have. Minimum viable products are also used to launch crowdfunding campaigns and convince investors.

 

Minimum Viable Product

The MVP defines a representation of the product concept.

Functional Prototype

It is a functional unit of the invention.

Do you need an MVP to attract investment?

We can help you define a lightweight MVP to attract investment.

Method for Manufacturing a Minimum Viable Product

Manufacturing an MVP of the idea can be a light, inexpensive, and fast process. We know that time and resources are not abundant among inventors. Minimum viable products only fail when a rigorous method has not been followed during their construction.

Condiciones frecuentes del servicio de fabricación del PMV

Objective

The manufacturing of the MVP aims to demonstrate the most important function of an invention. We will help you prepare the conditions to gain the trust of investors.

Time

We can manufacture the MVP of an invention in less than 30 days. If the MVP takes longer than that, we are likely making a mistake in the objective planning of the MVP.

Delivery

We will agree on a sketch of how the MVP of an invention will look. You will receive digital material to show how we envision the product in the future, as well as a physical representation (MVP) to clear the main hypotheses.

Comunication

To manufacture the MVP of an invention, the active participation of the inventor is key. The lack of commitment from the inventor in this process can lead to the waste of resources and time in the MVP manufacturing cycle.

Tool

3D printing for rapid manufacturing of parts, the use of laser cutting tools, and tools for defining electronic circuits are some of the necessary means to manufacture a cheap MVP quickly and efficiently.

Price

The cost of manufacturing an MVP varies depending on the complexity level of the hypotheses to be demonstrated. This price also depends on the number of technical disciplines involved: electronics, software development, industrial design, among others. 

An MVP usually costs between €5,000 and €8,000.

The MVP is useful for demonstrating the technical feasibility of a product and gaining the trust of investors and partners for the future development of a functional prototype.

The best MVP you can build is defined by the ability to obtain the simplest and cheapest version, useful for gaining the trust of third parties. Adding non-critical features in this process condemns the MVP manufacturing process to failure.

The MVP can be manufactured by the inventor of the product, as long as they have the necessary knowledge and resources to do so.

It is advisable to work with professionals specialized in product development, so that the investment dedicated to the MVP will be useful for the next stages of the invention's development.

The process of creating a new invention is often associated with a high perception of risk by investors. Innovation itself carries this feeling. The MVP is a useful tool to alleviate the perceived risk for those who will finance the development of an innovative product.

Examples of inventions that started with an MVP

Auto Goalkeeper

Electronic toy prototypes.
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Lemon squeezer

Electronic prototypes
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IoT lighting fixture

IoT Prototype Manufacturing
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Corner post with integrated cameras.

Sports prototype manufacturing.
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Remote analysis station.

Agrotech prototypes
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IoT wine stopper.

Easy-open system and data transmission.
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Aeroponics device.

Agrotech product development.
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IoT road safety device.

IoT development specialists.
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Pet leash with water dispenser.

Pet prototypes.
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Drawer-step for kitchens

Mechanical prototypes.
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IoT shelves for supermarkets.

IoT product development.
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Do you want to turn your idea into a product?

The time to bring your ideas to life is now. We accompany you throughout the entire process: from idea to product.

 

 

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