Transform Your Startup Idea into a High-Fidelity MVP
Are you a non-tech founder with a brilliant startup idea waiting to take flight? JR Ventures is here to fuel your journey!
Tech Solutions over Traditional Funding
We recognize the hurdles non-technical founders face when trying to transform their vision into a tangible product. That's why we're offering a unique opportunity to convert your concept into a high-fidelity MVP, ready to attract users and funding.
Our dedicated team will partner with you to create a product that resonates with your target audience. We'll assist in validating your idea, strategizing its development, and managing costs effectively.
The startup journey becomes smoother when you have a product that customers love and are willing to pay for. With our support, you can reach this milestone, making it easier to raise funds, recruit talent, and enhance your company's value.
Don't let the lack of technical expertise deter you!
For a month of collaborative work, deferred payment, and a minor stake in your company, we'll help bring your idea to the world. Plus, our experience in building scalable, world-class products ensures we can continue to support your vision as it gains traction.
ApplyIntroducing the Inaugural Cohort of Female Innovators
We're thrilled to launch our first cohort at JR Ventures, focusing on empowering female entrepreneurs! We firmly believe in the power of diversity for fostering innovation and success, and we're committed to providing the resources and expertise needed to turn your ideas into thriving startups.
Our mission is to help female entrepreneurs navigate the unique challenges in the startup ecosystem, including access to funding, mentorship, and networking opportunities. By championing women in tech, we aim to drive innovation and foster a more inclusive and equitable industry.
If you’re a female entrepreneur with a promising startup idea, we’re eager to hear from you! Let’s collaborate to transform your dream into a reality.
Let's Join Forces!
We’re excited to hear your ideas and help you turn them into successful startups. Reach out to JR Ventures today to apply for the cohort and embark on your startup journey.
Ready to Apply?
To join the JR Ventures cohort, create a 90-second video pitch that showcases your startup idea and customer validation. Our team will review your application and connect with you.
Your pitch should address:
- The problem your startup aims to solve
- Your target customer
- How you've validated your idea with customers
- Your unique market position
FAQs
MVP stands for Minimum Viable Product. While there are several definitions of what that means, our favorite is: the simplest product necessary to acquire your first paying customer. It's a basic version of your final vision that covers only the core components and features, satisfying the most critical needs of your end-users. The goal of defining and building a simpler MVP is to bring your product in front of customers as quickly as possible and use their feedback to direct future development. At the same time, it allows entrepreneurs to validate their assumptions and see if their idea is viable in the market. Focusing on your hypothesis and feature set enables you to put the MVP in front of users as soon as possible. Users' interaction and feedback on the MVP help you, the entrepreneur, identify whether your business thesis was accurate and ideally start generating revenue as soon as possible. The idea is to test an idea inexpensively against the market to see if it has potential.
The entrepreneur who comes up with the idea owns 100% of the ownership and intellectual property. We use our expertise to assist you in building and launching the product. In certain cases, we provide funding for a small equity stake, which is determined on a case-by-case basis.
We offer end-to-end MVP development services and manage all project and product management tasks internally to deliver a polished, finished product to you. We keep you informed with weekly meetings, so you don't have to worry about resource or project management.
The cost of an MVP typically depends on a number of factors, including:
- Supported Platforms (browser/web, iOS, Android, MacOS, Windows, etc)
- Number and complexity of core features
- Complexity of the design
- Number and complexity of 3rd-party integrations
Generally, this can cost between $50k to $125k and take 3 to 6 months, depending on the geography and experience of the development team.
However, JetRockets specializes in launching MVPs and can usually do it faster and for a lower cost. We’ve achieved this by standardizing the MVP development process, creating reusable blocks for common functionalities like login, registration, payments, subscriptions, admin dashboards, and more.
Cash is the lifeline for businesses and we are committed to helping founders through the earliest stages of bringing their ideas to life. To do this we defer the payment of development cost to a mutually agreed upon date or milestone. We believe in backing early stage founders and their ideas at a time when no one believes in their ideas and help them get their company of the ground and on the JetRockets to success.
There is no single answer to this question, as it depends on a lot of factors including but not limited to the amount of development effort, the amount of support services provided, the valuation of the company, and the deferred payment schedule.
The percentage will be customary and mutually agreed upon with delivery milestones.
© 2024 JetRockets. All rights reserved