Haverhill Hardware Horizons Challenge (H³C) Overview
August 28, 2012
Although little known, Haverhill has a distinguished history of supporting technology hardware and manufacturing excellence. Haverhill played an important role at the birth of the communications era, by hosting the development of one of the very first “technology hardware products”, the Telephone! It was in Haverhill that Alexander Graham Bell conducted his initial telephone experiments. Thomas Sanders, a visionary Haverhill merchant invested $110,000.00 into Bell's telephone invention. In 1877 Sanders, along with Bell, Thomas Watson and Gardiner Hubbard formed the Bell Telephone Company. The first business telephone call was made from Haverhill MA, and Haverhill hosted the first large scale manufacturing facility for the Telephone and many subsequent inventions from Bell Labs including the solid state transistor.
Given Greater Haverhill’s rich technology and manufacturing heritage, and its interest in promoting this competency to support the next generation of innovators, the H³C is focused on supporting early stage technology hardware developers as opposed to early stage software or service providers. The H³C demonstrates that Haverhill is a supportive and forward thinking community with unique access to the resources and support necessary for technology product organizations to succeed. The H³C is supported by a broad array of regional business, civic, and educational sponsors including:
Lightspeed Manufacturing |
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Round Rock Consulting LLC |
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The Burgess Business Center Incubator |
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MassChallenge |
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Greater Haverhill Foundation |
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Metrigraphics LLC |
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Northern Essex Community College |
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USAi.net |
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Exultium |
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SmartSource |
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McDermott & Company Marketing |
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Greater Haverhill Chamber of Commerce |
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City of Haverhill |
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Barriers to entry for software, services, and web-based startups are typically much lower than they are for technology startups focused on developing new hardware products. H³C aims to level the playing field for hardware startups and entrepreneurs to develop their concepts and ideally grow their companies here in Greater Haverhill! All HH³C contestants will have access to an impressive array of product and business development resources, connections and business services.
As an H³C entrant you will be competing for a variety of prizes including at a minimum:
OVERALL H³C WINNER:
- $10,000 cash prize for the H³C winning submission.
- Up to a half dozen free printed circuit board versions culminating with a working prototype provided by Lightspeed Manufacturing
- Free and discounted business incubator space at Burgess Business Center Incubator and related services including free wireless broadband
- Access to Product Realization Consulting (Product Design, Supply Chain Development, Contract Manufacturing Support, Product Fulfillment & Customer Service support) from Round Rock Consulting LLC
- Subsidized access to a contract manufacturing facility including technical design services, electronic design, product layout and prototype manufacturing
- Introductions to Angel Investors and VC Communities
- Professional mentoring in business, finance, marketing, technology and customer support to support growth
- Free workshops and meet-ups on special topics in business, finance, marketing and technology
All HW under consideration for this contest must have a reasonable prospect for commercialization within a reasonable time period, not to exceed 24 months from acceptance into H³C.
To qualify to participate in the H³C, your company must be an early-stage technology startup developing and marketing a hardware product. As currently defined, this means you haven’t yet raised over $500K of seed funding, and have less than $1M in annual revenue. You may still apply if you exceed these guidelines – a special judging panel will review your application to determine if you are still considered 'early stage' and would benefit from participation in the H³C. Note that there is no lower limit in terms of funding or development to apply to the H³C.
Contestant’s applications must address at least one aspect of hardware as defined above. The first step in the application process is to submit a brief company abstract (300 words or less please) to confirm conformance to the hardware definition. Validation of your abstract will be given within 48 hours of submittal. Prospective contestants will have the opportunity to revise and resubmit their abstracts if their initial submittal is rejected. Click here to apply online.
Please address all questions and requests for information to the following address: michitson@mitre.org
Thank you in advance for your interest in participating in the H³C.
If you’re an innovation driven early-stage hardware developer, we look forward to hearing from you!
Sincerely,
John Michitson
President, Haverhill City Council
michitson@mitre.org
Tel: (M) 339-221-2276
The Haverhill Hardware Horizons Challenge (H³C) Timeline
[We thank MassChallenge for providing proven contest template for the H³C Event]
[We thank MassChallenge for providing proven contest template for the H³C Event]
Date
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H³C Challenge Activities
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Entrant Activities
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August 2012
Pre-Release Promotion of H³C Challenge |
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September 1 - Nov 15
Applications Open |
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Nov 16 - Nov 30
First Round Judging |
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Dec 5-14
Second Round Judging |
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10 min Q+A |
Jan 7 - Mar 31 2013
Accelerator Stage |
resources: *mentors *team members *knowledge *publicity *sources of funding
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milestones Connect with other resources Execute toward goals Prepare for final pitches |
April 1-12
Final Judging |
members Funding sources: *Foundations *Quasi/Gov. groups *Angels + VCs Potential customers |
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Week of May 6
Awards Ceremony |
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John Michitson
President Haverhill City Council michitson@mitre.org (M) 339-221-2276