MVP Presentations

Each team is to create at least one Minimum Viable Product (MVP) in the course.

  • The goal of the MVP is test hypotheses and reduce marketing or technical risks.

    • A marketing MVP may gauge user reaction to a product, even when the product is not fully functional.

    • A technical MVP may test the feasibility of a critical technical aspect of the product.

  • To simplify fabrication each MVP should have only the product features necessary to test specific hypotheses.

  • Each team has $100 budget to fabricate their MVP, and can apply for an additional $100 from the course instructor.

MVP Presentation - Due Week 8

  • Prepare an 8 minute presentation that includes:

  • Objective of building the MVP, i.e. what you expect to learn from the MVP.

  • Draft of items 1-3 of the Final Deliverables described above.

  • Photos, video, and hardware demo of MVP

  • List of questions related to MVP fabrication.

  • Summarize performance of your MVP, what you learned, and what risks remain.

  • Estimated manufacturing costs of your final product. While this is not exactly part of building an MVP, the building process will help you identify a Bill Of Materials (BOM) and estimate assembly costs.

  • Update on the business side of your project.

Resources

Team Review