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Concept to Reality

Concept to Reality. The Process of Transitioning Innovation into Production. John Dewey ITM Partners, Ltd. (Innovation, Technology, Machinery). Concept Evolution. Maturing your vision Vetting the concept Realizing the dream. Understanding the Development Process. Concept definition

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Concept to Reality

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  1. Concept to Reality The Process of Transitioning Innovation into Production John Dewey ITM Partners, Ltd. (Innovation, Technology, Machinery)

  2. Concept Evolution • Maturing your vision • Vetting the concept • Realizing the dream

  3. Understanding the Development Process • Concept definition • Development of CAD Models • Prototypes • Proof of concept • Form/Fit/Function • Investor samples • Marketing samples • Test samples • Incorporate Feedback • Perform Value Engineering

  4. Transitioning to Production • Time • Costs • Quantities • Materials • Sources (contract vs. in-house) • Certifications • I/P • Expectations

  5. Pitfalls • False Expectations • Buy-in • Cost • Time • Market

  6. What’s Next… • Protect your vision • Understand your Market • Seek advice: • Startech (Startech.1.org) • South Texas Angel Network (STAN) • Alamo Inventors (AlamoInventors.org)

  7. Presented by: John Dewey Vice President, Operations ITM (Innovation, Technology, Machinery) 210-651-9066 www.itm-texas.com

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