SRM MCET – SRM Madurai College for Engineering & Technology

Innovation and Prototype Validation: Achieving Value Proposition Fit for Startup Development

29 July 2026

Venue : High Performance Computing Lab

SPEAKER / Guest : Er. Gautam Prakash

Organiser : Department of Computer Science & Engineering

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Innovation and prototype validation for startup development is the disciplined process of turning ideas into market-ready ventures by first building early prototypes (MVPs/PoCs) to test core assumptions with real users, then iterating rapidly based on feedback to ensure the product solves a genuine customer pain point; this achieves Value Proposition Fit when the solution’s features tightly align with customer needs, pains, and desired gains, and Business Fit when the underlying model—revenue, costs, channels, and scalability—becomes economically sustainable, collectively de-risking the startup before full-scale launch.


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