Key Steps in Commercialization

Key Steps in Commercialization

July 3, 2024 by investor

Key Steps in Commercialization

Once you start down the path of commercialization, there are some key steps to accomplish.

Determine patent strategy.

There are several ways to protect intellectual property including patents, trade secrets, trademarks, and more.

Review each option for your technology.

Gain a Freedom to Operate opinion.

This involves a patent attorney running a search on prior art to determine whether or not you can win a patent if filed.

This also includes a validity opinion on existing patents and whether or not they can prevent you from filing your own patent.

Consider product design.

This includes designing a product that solves the customer’s problem by developing a technology solution that is manufacturable at a reasonable cost.

Develop a regulatory strategy.

This includes reviewing the relevant regulatory requirements and considering the various regulatory pathways.

Consider manufacturing design.

This includes designing the product so it can be built in a cost-efficient manner.

Focus on usability.

This includes user interfaces and connectivity to other products so it’s easy to use.

Determine your supply chain.

Consider what to build and what to buy and make sure the suppliers can meet your requirements in a timely manner. 

Consider these steps for your project:

 

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.


Thank you for joining your host Hall T. Martin with the Startup Funding Espresso — your daily shot of startup funding and investing.

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org  

Check out our other podcasts here: https://investorconnect.org/ 
For Investors check out: https://tencapital.group/investor-landing/ 
For Startups check out: https://tencapital.group/company-landing/ 
For eGuides check out: https://tencapital.group/education/ 
For upcoming Events, check out https://tencapital.group/events/  

For Feedback please contact info@tencapital.group   

Please follow, share, and leave a review.

Music courtesy of Bensound.



Copyright (c) 2024, Hall Martin and investorconnect.org. All rights reserved.

Disclaimer:
Hall T Martin is the director of Investor Connect, which is a 501(c)(3) nonprofit dedicated to the education of investors for early-stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon for the basis of investment decisions.

Tags: