The Backyard Inventor’s Maze: Navigating Idea to Market

Product ideas, inventions and inventors have been making headlines in the media lately. Just this week the Ottawa Citizen covered an Industry Canada Inventor Report that showed 13 per cent of Canadians consider themselves inventors – are you one of them? If so, you may be interested in knowing what it takes to move your idea from the “ah-ha” moment to distributors and store shelves. Last month, Profit Magazine took a stab at unraveling this daunting process with a well written piece called the “Inventor’s Playbook”.  In the article they […]
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Why Inventors Are the Center of New Innovation

Design 1st offers help to many innovators to commercialize their product ideas providing them everything they need from patent submissions to design, marketing and manufacturing specifications.  This approach allows them to control the business direction from licensing to full production and sales. With the increasing number of Canadian innovators and inventors, corporations are taking notice. A research paper led by MIT professor and author Eric von Hippel emphasizes this point stating: “Companies will have to help their own product developers look at consumer-developed innovations with new eyes – not just […]
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The Top 12 Ways to Fund Your Hardware Startup

How will you fund your next hardware project? Funding is critical to the success of any new physical product development project. It’s one of the key ingredients on top of a great idea, a talented team, and a tight product-market fit that every company needs to push forward to market.   Physical product development is a cash flow business, necessary to get to market, manufacture, ship to customers, and scale your sales. Over 25 years, Design 1st has seen 1000+ physical product development projects move from concept to manufacturing. Each of these projects navigated funding challenges.    To help […]
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