Entrepreneurs working in regulated spaces like clean tech or med tech have tremendous difficulty getting from prototype stage to commercialization – whether it be light or heavy capital. Most fail. Getting from prototypes to commercialization takes more capital, time, risk, and business knowledge and stamina than what commercial investors are familiar with and/or willing to invest in. It often requires a pilot project. Developing a pilot is a critical step in proving technical and business viability to potential customers, investors, and key personnel recruits.
What you will learn
How a pilot needs to be structured, financed, built, and marketed, are all key components to successfully getting from early stage to having a real business. Over this Lunch & Learn you will
Define the objectives and scope of your pilot, including fitting it into your scale up plan with proof of concepts, betas, etc.
* Identify and assess pilot options, including stand alone, with 3rd party hosts, with potential end customers, etc. * Develop realistic costing and timing estimates for pilots
* Develop strategies to build and implement a successful pilot, including funding sources
* Understand risks and steps for mitigation.
After this interactive lunch session, you will have a much better understanding of how to approach getting a pilot up and running to support your drive to commercialization and specific tools that you can put to immediate use.
295 Hagey Boulevard, Waterloo, ON N2L 6R6, Canada
Thu, 13 Dec 2018 at 12:00 PM