30 Dec '14, 4pm

How to Crowdfund Your Hardware Start-up

How to Crowdfund Your Hardware Start-up

First, leverage the communities and knowledge bases growing up around crowdfunding sites: “We have seen a lot of hardware projects using a software development mind-set—winging it, since software can be fixed after the fact,” says Miller. “But the decisions you make early in the hardware design process cast a long shadow.” For example, a shape that’s easy to hand cut or 3-D print may be costly to make using injection molding. Kickstarter, Indiegogo, and other crowdfunders offer documents, experts, events, and other resources to cope with issues such as manufacturability and how to obtain compliance certificates for things like safety, radio frequency/electromagnetic interference, and environmental impact. Compliance testing takes time and money, which need to be factored into the schedules presented to backers.

Full article: http://spectrum.ieee.org/at-work/innovation/how-to-crowdf...

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