In its partnership with crowdfunding website Indiegogo, Arrow Electronics launched its crowdfund-to-production service to accelerate the pace of innovation for technology and Internet of Things (IoT) entrepreneurs. This means you can now apply for Arrow certification directly on the Indiegogo platform.
After the application process, Arrow engineers will analyze the design and manufacturability of each application. Projects considered ready for manufacturing will be denoted with official “Arrow Certified” badges on their Indiegogo campaign site to let potential backers know the project is ready for production.
What's more, each “Arrow Certified” campaign featured on Indiegogo that meets eligibility criteria can compete to receive a share of $1 million in flash-funding that Arrow will give to 20-50 campaigns during the next 12 to 15 months. To enter, you must be at least 18 years of age. You can see the complete set of rules and additional details here.
All “Arrow Certified” campaigns on Indiegogo will also secure up to $50,000 in benefits aimed to help entrepreneurs succeed in prototyping and manufacturing their innovative products, including:
• Online access to the prototyping tools available through Arrow.com and Silicon Expert.
• Technical reviews of the materials, sub-assemblies, intermediate assemblies, sub-components, parts and the quantities of each needed to manufacture a product.
• Professional design-for-manufacturing product reviews and certification.
• Up to $1,000 in materials for prototype development.
• Free access to the Arrow Testdrive program to try out the latest innovations from leading semiconductor manufacturers with no up-front investment.
• Customized marketing and promotional support on arrow.com and through Arrow’s extensive technology-focused media network.
• 10% off and free shipping on millions of products available through arrow.com that will help accelerate prototyping and bring innovations to market.
Additionally, select “Arrow Certified” campaigns that Arrow experts consider technologically exceptional will qualify as “Arrow Innovator” campaigns and will receive additional support, including:
• Supply chain services and contract manufacturing support worth up to $500,000.
• Up to $10,000 in materials for prototype development.
• A local Arrow technical concierge available for on-call or on-site support.
• Perk protection guaranteeing campaign backers will get their money back if for some reason the product is never manufactured.
• A fast-tracked review with Arrow’s in-house financing team to help fund the cost of getting production up and running.
To celebrate phase two of the Arrow-Indiegogo partnership, Arrow is hosting a massive giveaway promotion. On August 25 and 26, any arrow.com customer that spends $100 or more will receive a free Raspberry Pi 3 with their order.
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