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Prototypes help raise capital for hi-tech projects quicker

KENOVA is offering a new service to build low cost prototypes called the Concept Presentation System.

Market Press Release – November 29, 2011 4:29 pm  
 
  
Contact Information
KENOVA Technologies


-

973-459-4714
info@kenovatech.com

Although it is not necessary to have a prototype to raise capital, it definitely helps in many ways. So KENOVA Technologies has released a new service called the Concept Presentation System that builds a prototype through a startup friendly compensation arrangement. "In addition to making the service affordable for the startup, the key to success is that we use an entire development team and deliver a high quality functional site within 4 weeks." commented James Naylor, CEO of KENOVA Technologies. James went on to say "the secret source to this service is ensuring the startup is 100% engaged in the development process, which ensures they get what they need from the end result to help them raise funds. The trick is staying focused on what is truly necessary from the site in order to raise funds, and not waste time on things that don't have value. It's tricky, but that's one of the benefits of using a team." KENOVA says the response to this new service has exceeded expectations. They believe this service is filling a big need with hi-tech startups and helps them to keep the momentum of the startup moving forward. James went on to say "Hi-tech projects are a 'team play', meaning that the big risk is the team. So anything a team can do to mitigate risk they should do. So the Concept Presentation System demonstrates the ability to execute and shows skin-in-the-game. So this small investment will help to convince friends and family that this startup is 'for real'."

KENOVA provides the strategies and services that build the platforms from which entrepreneurs, startups and established companies generate and grow their revenue. This is done in a startup-friendly financial arrangement.

In addition to building the technology platform and developing strategies, KENOVA also invests in the project as an anchor investor. KENOVA becomes an integral part of the company so that the startup can be sure that the technology side of the business is being well taken care of and is aligned with business needs at all times. This way the startup can focus on growing the business!


For more information, visit: http://www.kenovatech.com/Services-Concept_Presentation_System_Working_Prototype-27.html


Related Tags: Entrepreneurs, startup, application development, investors, prototype, seed, angel, venture capital

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