Hardware Startup Checklists

On July 3, 2014, in In English, by Siim Lepisk

Before you start your hardware startup, make sure you go through these:

  1. Hardware Product Canvas – a business model canvas for hardware startups
  2. How to Prototype Hardware – Tips and Resources – good high-level slidedeck of the hardware prototyping process
  3. Hardware Lifecycle Checklist
  4. Prototype Turn-On Checklist – before you turn on your prototype, check these things

Other useful resources:

  1. Finding the right manufacturer in China - tips on supplier selection
Phases of Hardware Startup (by Upverter)

Phases of Hardware Startup (Source: Upverter)

 

 

 

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Thoughts from Latitude59 panel discussion “Startup growth and going global”.

The new market penetration can be divided into three stages: INTRO, BASICS, and STRUCTURED.

The basic reminders (to avoid burning money) for your new market penetration are as follows:

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I now run Prototron start-up fund

On April 2, 2014, in In English, by Siim Lepisk

From April 2014 I’m the CEO of Prototron. Prototron is a start-up fund that gives money to teams to turn their great ideas into first working prototype.

History

  • Prototron was founded in 2012 by Swedbank, Tallinn Technical University and Tallinn Science Park Tehnopol.
  • Since then we have had 6 rounds of funding with more than 500 applications/ideas.
Essence

  • We are filling the gap between the ideas and working prototypes so that our alumni will be able to generate the first sales from their working prototype.
  • We invest up to 30’000€ per start-up and ask 0% share. Of course we prefer the owner’s contribution to be as big as possible.
  • Our focus areas age Greentech, Electronics, Mechatronics and ICT. In ICT projects have to have complex business logic that IP rights can be protected, and/or cannot be easily copied.
  • Prototron is the only fund with a track record in Estonia, that finances building prototypes.
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