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Definition: Minimum viable product

on July 02, 2014

As part of the Kauffman-sponsored Energizing Health Collaboration Series, we've turned over eMed to Guest Editor Matt Keener, the chief architect for the Pittsburgh leg of the collaboration conference and a translational clinical neuroscientist. Here's Matt's latest contribution in his role as eMed Guest Editor.

Definition: Minimum viable product

A minimum viable product, or MVP, comes even before a prototype. Developing the MVP early in your startup's journey will save time and money by letting you test your hypothesis and reach customers sooner.

Eric Ries details this approach in his methodology for The Lean Startup.

Related: Minimum Viable Product (Kauffman Founders School)

Image by De Visu

Definitions are a weekly feature on eMed for current and aspiring healthcare entrepreneurs.

Category:  Ideation  Tags:  definition, guest, minimum viable product, MVP

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