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COMPETITION GUIDANCE FOR APPLICANTS for Innovate UK Competition: Creating Smart Products from Smart Materials March 2015 Contents Executive Summary .................................................................................................................................
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How to fill out creating smart products from:

01
Start by brainstorming ideas for your smart product. Think about the problem it aims to solve or the need it fulfills in the market.
02
Conduct market research to understand the potential demand for your product. Identify your target audience and their preferences.
03
Create a detailed product specification document, outlining the features, functionality, and design requirements of your smart product.
04
Develop a prototype of your product to test its feasibility and gather feedback from potential users.
05
Based on the prototype testing and feedback, make necessary improvements and refinements to your smart product.
06
Once you have a finalized prototype, start designing the physical appearance and user interface of the product.
07
Decide on the technology and connectivity options that will enable your product to be "smart," such as sensors, wireless connectivity, or integration with other devices.
08
Develop the software and firmware required to power the smart features of your product.
09
Test the product thoroughly to ensure its functionality, usability, and compatibility with different devices or platforms.
10
Consider any necessary certifications or regulatory compliance for your product, depending on the industry or region.
11
Prepare a comprehensive business plan, including a marketing strategy and financial projections.
12
Determine the manufacturing process and select reliable suppliers or manufacturers for producing your smart product.
13
Establish a distribution and sales channel for your product, whether through direct sales, partnerships, or online platforms.
14
Continuously monitor and update your product based on customer feedback and evolving market trends.

Who needs creating smart products from:

01
Entrepreneurs and startups looking to create innovative and technologically advanced products.
02
Companies in industries such as consumer electronics, home automation, healthcare, or automotive, who want to expand their product offerings and leverage the opportunities of the Internet of Things (IoT).
03
Individuals or organizations with specific needs or problems that can be solved through smart products, such as improving energy efficiency, enhancing security, or enabling remote monitoring and control.
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Creating smart products is typically done by integrating sensors, software, and connectivity into physical products to make them more intelligent and capable.
Companies and manufacturers who are developing or producing smart products are required to file creating smart products from.
To fill out creating smart products from, companies need to provide detailed information about the smart product being developed, including its features, components, and capabilities.
The purpose of creating smart products is to improve functionality, efficiency, and user experience by incorporating cutting-edge technology and connectivity.
Information such as the product's specifications, technical details, testing results, and compliance with industry standards must be reported on creating smart products from.
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