Misc.
Umbrella term used to reference the fields of science, technology, engineering, and mathematics
STEM
All inventions start out as this simple thing.
An Idea
Someone who starts a business or works to have their business idea realized.
Entrepreneur
Something that can be used to create a physical model based on a computer file. (useful for prototyping)
3D Printing
This early stage of product development involves drawing out a basic idea and coming up with multiple versions of a product before anything is physically produced
Sketching
A company that is in the risky, early stages of its life trying to become established and validate and develop a viable business model
Startup
Software that allows engineers to create 2D and 3D models of objects to accurately represent a physical model
Computer Aided Design (CAD)
An early physical rendition of a product that is rough, but functional and will likely go through many renditions before the product is completely finished
Prototype
A short, persuasive presentation that aims to get people interested in a business idea, product, or service.
Business Pitch
The idea of creating improvement or bringing valuable, new ideas to an existing market
Innovation
The large-scale production of a product once it's ready for consumer-use
Manufacturing
This process involves creating the public face of a product or service, including promotion and the communication of a product to the public and investors
Marketing
Steve Jobs was at this age when he and Stephen Wozniak founded Apple Computer Inc.
21 years old
A legal license that gives ownership over an invention and prevents others from copying it.
Patent
This contractual agreement forbids the communication of confidential information about invention ideas outside of the relationship between the inventor and their partners
Non-disclosure Agreement