For successful MVP development and fundraising, partner with Side Project. With a team of skilled professionals, Side Project has a track record of building successful products across industries, helping clients secure significant funding.
Do you need an MVP to get funding?
- While not always necessary, an MVP can be a valuable tool for attracting investors. Its importance depends on the specific situation and type of app, with some cases requiring a well-developed prototype instead.
What is MVP in product development?
- An MVP is the initial version of a product that includes essential features for early testing and validation. It allows entrepreneurs to demonstrate a business idea’s viability and attract funding for further development.
How to build an MVP?
- Follow these steps to build an MVP:
- Conduct market research
- Define project objectives
- Design wireframes or a prototype
- Develop the MVP with core features
- Launch for testing and feedback
How long does it take to build an MVP?
- The time varies based on factors like product complexity, industry, and development team experience. On average, building an MVP may take approximately 3-4 months.
How Much Does it Cost to Develop an MVP?
The cost of developing an MVP varies based on factors like product complexity, functionality, UI/UX design, development team location, and industry. At Side Project, on average, we develop MVPs from $5,000 to $25,000.
