TEAM LEAD: CHINWE ERUGO

TECH LEAD: SOPHIA AHUOYIZA ABUBAKAR

Context

We are building a Web app that can help businesses, especially start-up businesses, know if their idea will succeed, saving businesses time and money because, when a startup idea is being validated, one gets to know whether it will be profitable. This prevents one from creating a product that is sure to fail.

Therefore i-validate will be a Web app application designed to help entrepreneurs and individuals validate their business ideas. It will provide a framework for analyzing and testing the viability of new product or service concepts. The website will offer tools and resources to help users assess the potential of their ideas and make informed decisions about moving forward with development*.*

Mission

Bringing your imagination to reality.

Vision

Building a web app for idea validation.

Goals & Key Performance Indicators

Features and Functionality

1. Idea Submission: The app will allow users to submit their business ideas to the platform. This will require users to input their basic information, including name, email, and a brief description of their idea.

We hope to assist entrepreneurs in determining whether their products have a chance of being lucrative, and our main performance measure will be saving start-up time and resources on concepts that are not viable.

1. Idea Analysis: The app will provide a set of questions to help users analyze their ideas. These questions will be focused on identifying the problem the idea solves, the target market, the competition, and the potential revenue streams. The app will generate a report based on the user's answers, indicating the potential viability of the idea.
2. Feedback and Validation: The app will provide a feedback mechanism to allow users to share their ideas with others and get feedback from a community of entrepreneurs and experts. Users will be able to provide feedback to others' ideas and participate in discussions.
3. Market Research: The app will provide access to market research and data, which can be used to support the idea analysis and validation process. This research will be sourced from reputable sources and made available to users through the app.
4. Resource Library: The app will have a resource library containing articles, guides, and tools to help users with their idea validation process. These resources will cover topics such as market research, customer development, and product development.
5. Notifications: The app will send notifications to users when new feedback or comments are added to their idea submissions. This will ensure that users are kept up to date on the progress of their ideas.
6. User Profiles: The app will allow users to create profiles, which will enable them to connect with others, share their ideas, and participate in discussions. The profile will also provide a record of the user's idea submissions and feedback.