Product Development Fundamentals
Find out what it takes to bring your product concept to market.
Many aspiring entrepreneurs have an idea for a new product, but don’t know where to start. Others want to rush in, thinking they can get a contract manufacturer to quote and produce their product, which they can then start selling online. But in both scenarios, entrepreneurs vastly underestimate how much time, effort, money, and coordination it will take to make an idea a reality.
From forming a business entity, to developing a market strategy, to locating technical resources, to exploring funding opportunities, there are many steps that need to be taken to transform an idea into a viable product. When these steps are followed, they can dramatically increase the odds that your product will be a success, both initially and long term, while limiting the risk of failure, and maximizing profitability.
- Free and low-cost resources for startups in NY’s innovation ecosystem
- Forming a legal business entity: Why it’s important and who can help
- How to validate your product need (market research, customer discovery, business plan, pitch deck)
- Where to find support, guidance, mentors, and put together a winning team
- The process of going from concept to prototype to engineered product to manufacturing
- An overview of funding strategies (how much, when, from whom?) and tips for successful funding campaigns
Space is limited and this event will fill up fast. Register now to get a seat at the table.
August 7, 2024 | 8 AM - 5 PM
Science Hall
SUNY New Paltz,
1 Hawk Drive, New Paltz, NY 12561
Why Attend?
Industry experts will provide step by step insights on product development, and you will learn about the critical mistakes most startups make and how to avoid them. You will also leave the workshop with valuable contacts, guides, and checklists that can help keep your progress on track.
Who is the Workshop for?
This event will help first time entrepreneurs or startups who are looking to demystify the process of developing a hardware product and bringing it to market. If you have a hardware concept you are interested in exploring further or even a prototype (not necessary, but certainly welcome), you should consider attending.
Registration Cost
$100 per person
(includes continental breakfast, lunch, reception)
Hotel Information
America’s Best Value Inn New Paltz
7 Terwilliger Ln,
New Paltz, NY 12561
Room rates are $100 + tax. Receive this rate by calling (845)255-8865.
Room rates are under the name ‘FuzeHub Connect’ and the group code is G240508S.
Our Partners and Sponsors
Agenda
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8:00 AM
Registration, Breakfast
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9:00 AM
Welcome
Dr. Everton H. Henriques, MA, HON., FuzeHub
Dr. Darrell P. Wheeler, President, SUNY New Paltz
David Carter, Executive Director, MTEC -
9:15 AM
Event Overview & Self Introductions
Eric Fasser, FuzeHub
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10:00 AM
Intro to NY's Hidden Ecosystem of Resources for Entrepreneurs
Eric Fasser, FuzeHub
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10:15 AM
How Business Incubators can Accelerate your Path to Commercialization
Eliza Edge, Hudson Valley Venture Hub
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10:45 AM
Break
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11:00 AM
Funding Myths vs. Reality / Financial Strategies for Entrepreneurs that Succeed
Patty Rechberger, FuzeHub
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12:00 PM
Lunch
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12:30 PM
Walking Tour of the Hudson Valley Additive Manufacturing Center (HVAMC)
Kat Wilson, SUNY New Paltz
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1:30 PM
Technical Resources Every NY Entrepreneur Should Know
Eric Fasser, FuzeHub
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1:45 PM
Understanding the Process of Going from Concept to Prototype to Finished Product
Bob Incerto, MTEC
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2:15 PM
Best Practices when Partnering with a Contract Manufacturer
Alethea Schaeffer, USHECO
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2:45 PM
Break
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3:00 PM
Marketing Do’s and Don’ts for Startups
Steve Melito, FuzeHub
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3:30 PM
Closing Comments / Q&A
Eric Fasser, FuzeHub
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3:45 PM
Conclusion, Prizes, Reception & Networking
Dr. Everton H. Henriques, MA, HON
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5:00 PM
End of Event