With $20K seed money Pocits Inc. was formed to research and develop its concept. In 2013, we negotiated a $200K commitment from an established Toronto firm to partner in the development of our software. However, with growing misgivings about a shared vision for the end product, we chose forego the alliance to remove all ambiguity from the concept and user interface design first.
Pursuing the low cost lean startup method instead, we set out to fully design the UX we envisioned detailing the prototype’s architecture, products and services, marketing strategies, and UI. With $50K more from private resources and seed investors, sweat equity from the founders, guidance from government and corporate mentors, and validation presentations with select companies, Pocits has amassed over 10,000 hours of R&D to create the final prototype and establish the base networking software that's now in place.
Pocits head office will be established in Startup Canada's 2016 Community of the Year, Fredericton NB. We are now team building in preparation for the closed-beta membership phase.
INFORMATION COMMUNICATION TECHNOLOGY
PROBLEMS WE SOLVE & NEEDS WE SATISFY
WHO ARE OUR CUSTOMERS
GSO, TRANSMEDIA, CURATION
HOW WE MAKE MONEY