Did you know that 88% of mechanical engineering companies with a systematic process for startup identification find the right partners to work with? A couple of weeks ago, we held our first webinar together with the VDMA Startup-Machine and explored the exciting world of startup cooperations. The engagement was incredible, and we received numerous questions! We've summarized the answers to your questions in our latest blog: https://lnkd.in/dVxn6bKh You can already see the key takeaways from the webinar in a nutshell here: 🔧 Dynamic Collaboration: VDMA Startup-Machine and prototype.club jointly organize innovation competitions, creating a unique platform for startups to present and develop their ideas in mechanical engineering. 🌍 Industry-Wide Impact: These innovation challenges thrive in diverse fields such as digitalization, engineering, manufacturing, business models, and hardware, not just confined to specific industries. 🤝 Win-Win Opportunities: Startups gain exposure, media attention, and networking opportunities with established companies, while the latter benefit from fresh, agile solutions. 🎯 Strategic Support: Through targeted matchmaking, VDMA Startup-Machine and prototype.club facilitate effective collaborations, ensuring startups find the right partners to accelerate their growth. 📈 Continuous Improvement: Success factors include clear expectations, streamlined communication, and a focus on flexibility and openness to foster effective integration. It was amazing to witness the enthusiasm and growing demand for such innovative formats in our recent webinar! 🙌 What challenges are you ready to tackle? P.S.: The VDMA Startup-Machine has also published the article in german, you can read it here: https://lnkd.in/dSmfvitJ #Innovation #Collaboration #StartUp
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Are you growing a startup and looking for reliable manufacturing solutions? Global Precision is here to help. Our expertise in precision engineering, rapid prototyping, and flexible manufacturing processes provides the support you need to bring your innovative ideas to market. Whether you require low-volume production or scalable solutions as you grow, we ensure quality and efficiency every step of the way. Partner with us and turn your startup vision into reality. 📞 01274 048555 📩[email protected] 🌐 link in the comments #StartupGrowth #PrecisionEngineering #PartnerInSuccess #GlobalPrecision
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Cadstrom.io Raises $6.8M Seed Funding to Revolutionize Electronic Design ⚡ 🔑 𝗞𝗲𝘆 𝗗𝗲𝘁𝗮𝗶𝗹𝘀: - Funding Raised: $6.8M (Seed Round). - Headquarters: Montreal, Canada. - Lead Investor: Bison Ventures. 𝗔𝗱𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀: - Innovation Endeavors. - AI2 Incubator (also contributed $650K in a pre-Seed round). 🤖 𝗔𝗯𝗼𝘂𝘁 𝗖𝗮𝗱𝘀𝘁𝗿𝗼𝗺: Founded: 2023 by Margot Blouin and Scott Bright. 𝗖𝗼𝗿𝗲 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻: - AI-powered Sigma Engine. - Combines physics principles, electronics, and generative AI. - Identifies design errors and automatically validates complex designs. 𝗜𝗺𝗽𝗮𝗰𝘁: - Cuts development costs. - Speeds up GTM (Go-To-Market) timelines. - Reduces respins by ensuring correct designs on the first attempt. 🌟 𝗨𝘀𝗲 𝗼𝗳 𝗙𝘂𝗻𝗱𝘀: - Advance development of AI-driven verification tools. - Expand design and partner testing programs with U.S.-based product development and consulting agencies. 🚀 𝗩𝗶𝘀𝗶𝗼𝗻: Cadstrom aims to redefine the electrical engineering design process, providing tools that enable precision, efficiency, and innovation for next-gen electronic devices. ------ Spread the word ♻️ if this inspired you. Smash the 🔔 for updates you don’t want to miss. Drop a 💙 if this resonates. 🚀 Follow The Big Deal © for more amazing startup stories!
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How can startups fast-track product innovation 🤔? There’s no time to waste for companies that want to get ahead of the competition. If you’re curious to know how startups and SMBs can reduce design cycles and get to market faster, don’t miss this webinar on July 10 👉 http://go.3ds.com/Y7Q
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Accelerate Program 𝐈𝐧𝐝𝐢𝐯𝐢𝐝𝐮𝐚𝐥 𝐠𝐫𝐚𝐧𝐭𝐬 𝐫𝐚𝐧𝐠𝐢𝐧𝐠 𝐟𝐫𝐨𝐦 €𝟓𝟎,𝟎𝟎𝟎 𝐭𝐨 €𝟓𝟎𝟎,𝟎𝟎𝟎!!! 𝐄𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐟𝐨𝐫 𝐒𝐭𝐚𝐫𝐭𝐮𝐩𝐬! The EIT Manufacturing Accelerate program is now open for applications! This ongoing call aims to support, scale, and accelerate innovative startups in the European manufacturing ecosystem. What does the Accelerate program offer? Funding for startups and scaleups with solutions addressing critical challenges in manufacturing. Tailored internationalization and financing support to enhance product development and market capabilities. Focus on areas like Digitalization, Net Zero Industry, Renewable Energy, and Circular Economy, with a special emphasis on technologies such as Industrial AI, Robotics, Additive Manufacturing, and more! Who can apply? Startups at Technology Readiness Level (TRL) 6 or higher. Businesses developing B2B products/services that align with EIT Manufacturing’s strategic objectives. Teams with relevant business and technical expertise. The total funding available is €8,800,000, with individual grants ranging from €50,000 to €500,000. Applicants are invited to send their applications at any time and before any of these cut-off dates: 2nd Cut-off date: 10 September 2024, 17:00 CEST 3rd Cut-off date: 18 October 2024, 17:00 CEST 4th Cut-off date: 16 December 2024, 17:00 CEST Application link: https://lnkd.in/dZBsjbwX Don’t miss the chance to elevate your startup and contribute to a greener, more competitive European manufacturing sector! Let’s innovate together! #PrishtinaREA #EENkosovo #EITManufacturing #Accelerate #Startups #Innovation #Funding #Manufacturing #Sustainability
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🔧 The Future of Precision Engineering: Driving Innovation with Unmatched Accuracy🔧 In the evolving landscape of #Industry5.0, #precisionengineering stands as a cornerstone, enabling innovations with unmatched accuracy and reliability. At River Venture Studio, founded by our CEO, Dr. Viveka Kalidasan, PhD, we understand that #precisionengineering is not just about fine-tuning machinery—it's about crafting the future with meticulous care and #technological excellence. At River Venture Studio, we’re dedicated to shaping the future of #precisionengineering and #electronics. Mandated by Enterprise Singapore, we focus on two key industrial transformation maps, empowering #precisionengineering and #electronics' startups to innovate and excel in these critical fields. 🔍 Why Precision Engineering Matters: Precision engineering is the backbone of modern manufacturing, ensuring that every component, down to the smallest detail, meets the highest standards. In an era where even the slightest deviation can lead to significant setbacks, the role of precision engineering in driving innovation across industries is more critical than ever. ⚙️ Integrating Precision with Industry 5.0: As Industry 5.0 emphasizes human-centric, sustainable, and intelligent production, precision engineering plays a pivotal role in achieving these goals. It bridges the gap between advanced technologies like AI and robotics and their real-world applications, ensuring that innovations are both scalable and sustainable. 🤝 River Venture Studio's Commitment: At River Venture Studio, we are committed to fostering startups that are redefining precision engineering. Through our support of #openinnovation and #DeepTech, we help these startups push the boundaries of what's possible, ensuring that their contributions lead to a more precise, efficient, and sustainable future. 📈 The Path Forward: Precision engineering is the key to unlocking the full potential of #Industry5.0. Under the visionary leadership of Dr. Viveka Kalidasan, PhD, River Venture Studio is dedicated to empowering the next generation of innovators in this critical field. Together, we are crafting the future with precision and purpose. #PrecisionEngineering #Innovation #Industry5 #DeepTech #OpenInnovation #VentureStudio #Sustainability #FutureOfManufacturing
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Accelerate Program 𝐈𝐧𝐝𝐢𝐯𝐢𝐝𝐮𝐚𝐥 𝐠𝐫𝐚𝐧𝐭𝐬 𝐫𝐚𝐧𝐠𝐢𝐧𝐠 𝐟𝐫𝐨𝐦 €𝟓𝟎,𝟎𝟎𝟎 𝐭𝐨 €𝟓𝟎𝟎,𝟎𝟎𝟎!!! 𝐄𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐟𝐨𝐫 𝐒𝐭𝐚𝐫𝐭𝐮𝐩𝐬! The EIT Manufacturing Accelerate program is now open for applications! This ongoing call aims to support, scale, and accelerate innovative startups in the European manufacturing ecosystem. What does the Accelerate program offer? Funding for startups and scaleups with solutions addressing critical challenges in manufacturing. Tailored internationalization and financing support to enhance product development and market capabilities. Focus on areas like Digitalization, Net Zero Industry, Renewable Energy, and Circular Economy, with a special emphasis on technologies such as Industrial AI, Robotics, Additive Manufacturing, and more! Who can apply? Startups at Technology Readiness Level (TRL) 6 or higher. Businesses developing B2B products/services that align with EIT Manufacturing’s strategic objectives. Teams with relevant business and technical expertise. The total funding available is €8,800,000, with individual grants ranging from €50,000 to €500,000. Applicants are invited to send their applications at any time and before any of these cut-off dates: 2nd Cut-off date: 10 September 2024, 17:00 CEST 3rd Cut-off date: 18 October 2024, 17:00 CEST 4th Cut-off date: 16 December 2024, 17:00 CEST Application link: https://lnkd.in/dZBsjbwX Don’t miss the chance to elevate your startup and contribute to a greener, more competitive European manufacturing sector! Let’s innovate together! #PrishtinaREA #EENkosovo #EITManufacturing #Accelerate #Startups #Innovation #Funding #Manufacturing #Sustainability
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Traditional manufacturing often requires large investments in tooling and materials. Additive manufacturing offers a leaner approach, letting you produce only what you need, when you need it. This ‘pay-as-you-go’ model can reduce waste, lower costs, and provide flexibility—ideal for startups and small businesses. See how this efficient approach can transform your production strategy.
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Time for a Rethink Overall, our research suggests that we need to reconsider the logic of employing prototypes. Lightweight prototypes — i.e., minimum viable products — are often critical. They are useful for validating that a technology works or elaborating the features and functionality needed to appeal to a given customer. But for the more fundamental task of understanding where to be in an ecosystem, the conventional wisdom of staying light and lean may leave firms in the dark. Thanks to Anja Hoffmann for making me aware of the article
Research: When Prototypes Don’t Yield Useful Insights
hbr.org
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💡Turning a great idea into a viable product is no small feat. Here are some key takeaways from our design partners NeuronicWorks Inc. on the Engineering Design Process: ⚡Ensure your team has both technical expertise and business acumen ⚡Work with design partners that can guide you through the complex product design process, emphasizing reliability, security, and sustainability ⚡Identifying potential design flaws early to save significant time and resources down the road ⚡Focus on how your product solves problems for users, rather than just the technology behind it ⚡Integrate environmental considerations into your design process to not only benefit your business but also the planet 💡Read the full article to learn more: https://loom.ly/c0IZc-c 💡Ready to start your entrepreneurial journey with CITM? Learn how we can support your next big idea from concept to launch: https://loom.ly/sUvizE8 #Innovation #ProductDesign #Startup #Technology #Ontario
The Engineering Design Process: Taking your Innovation from Idea to Prototype - Centre for Integrated Transportation and Mobility
https://citm.ca
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Accelerate Program 𝐈𝐧𝐝𝐢𝐯𝐢𝐝𝐮𝐚𝐥 𝐠𝐫𝐚𝐧𝐭𝐬 𝐫𝐚𝐧𝐠𝐢𝐧𝐠 𝐟𝐫𝐨𝐦 €𝟓𝟎,𝟎𝟎𝟎 𝐭𝐨 €𝟓𝟎𝟎,𝟎𝟎𝟎!!! 𝐄𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐟𝐨𝐫 𝐒𝐭𝐚𝐫𝐭𝐮𝐩𝐬! The EIT Manufacturing Accelerate program is now open for applications! This ongoing call aims to support, scale, and accelerate innovative startups in the European manufacturing ecosystem. What does the Accelerate program offer? Funding for startups and scaleups with solutions addressing critical challenges in manufacturing. Tailored internationalization and financing support to enhance product development and market capabilities. Focus on areas like Digitalization, Net Zero Industry, Renewable Energy, and Circular Economy, with a special emphasis on technologies such as Industrial AI, Robotics, Additive Manufacturing, and more! Who can apply? Startups at Technology Readiness Level (TRL) 6 or higher. Businesses developing B2B products/services that align with EIT Manufacturing’s strategic objectives. Teams with relevant business and technical expertise. The total funding available is €8,800,000, with individual grants ranging from €50,000 to €500,000. Applicants are invited to send their applications at any time and before any of these cut-off dates: 2nd Cut-off date: 10 September 2024, 17:00 CEST 3rd Cut-off date: 18 October 2024, 17:00 CEST 4th Cut-off date: 16 December 2024, 17:00 CEST Application link: https://lnkd.in/d9R8bUwZ Don’t miss the chance to elevate your startup and contribute to a greener, more competitive European manufacturing sector! Let’s innovate together! #PrishtinaREA #EENkosovo #EITManufacturing #Accelerate #Startups #Innovation #Funding #Manufacturing #Sustainability
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experienced project manager, creative mind and excited for the New: engineering, technology, startups, events. It‘s a match to bring on the New! ✨
7moI like how we „tackle“ language barriers 🤗