Product Development

Embark on research & development projects to develop innovative products that can be sold to the market and will differentiate your business offerings and stay competitive. Projects here will help your company collaborate with vendors to help create a physical product, market viability testing, and product safety accreditation.

Typical Activities

  • Check if a new product will be viable through user and market tests
  • Development of the innovative product for trial after viability test is complete
  • Bill of Material (BOM), design for manufacturing and assembly (DFMA) and production of new and novel innovative products. (After proof of viability and interest from buyers must be secured)

Non-supportable Activities

  • Development of first product for business entry
  • Creation of basic online platforms or mobile apps or other technological innovation associated typically with normal business growth