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What is the new product commercialization process?

Innovation is an important motivator or stimulant for business start-ups or growing a business. GPRIN helps cultivate that innovation process.

GPRIN service providers offer an array of innovation-based services to help innovators, small to medium sized enterprises, and organizations understand how to advance new technology ideas towards the marketplace.

GPRIN can help the innovator develop and follow through on a new product commercialization plan and a business plan. The four key areas for new product development are:

  • Concept Development
  • Technical Feasibility
  • Market Feasibility
  • Financial Viability

As the new product commercialization plan is being developed, GPRIN service providers can help the innovator transform the commercialization plan into a business plan that can demonstrate how the idea becomes a business venture and shows its growth potential.