If you need any guidance, please feel free to contact:
Abdul Ghani
Coordinator, Proof of Concept unit,
Ext: 7685
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Product or service must solve a real-world problem and should be better and cheaper than existing solutions
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This tangible prototype is strong yet durable, but is limited on some functional characteristics.
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Developing a working model as a visual means to introduce the concept to others
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“Does the concept meet a market need?”, “Who will buy the product?”, “How many customers/clients will buy it?”, and “How much will they pay for it?”
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The finished product prototype should provide an accurate representation of what the final product will be
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Quantifying market assumptions developed in the concept phase
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Demand forecast, supply analysis, competition assessment, analysis of regulatory environment, cost-benefit analysis
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Most plausible path to commercialize the technology / product