$20,000 and a trip to Shenzhen
July 5, 2013 Editor 0
Manufacturing is rapidly becoming more accessible to people whose expertise lies elsewhere. The change is most apparent at the small scale, where it’s become easy to order prototypes made on high-quality 3D printers and electronics in small batches from domestic factories. High-volume Chinese manufacturing has been tougher to get into.
A new incubator launching today, and led by our former O’Reilly colleague Brady Forrest, is aimed at lowering the barriers to getting physical goods manufactured fast and in high volumes. Highway1 will prepare nascent hardware companies to enter the accelerator pipeline of the Sino-Irish supply-chain giant PCH International. It offers portfolio companies up to $20,000 and a hardware crash-course that includes a trip to the factories of Shenzhen. Forrest says his curriculum will eventually be made public (minus the China junket, of course).
The successful companies that progress to PCH’s accelerator will have PCH as both an investor and supply-chain manager, essentially drawing from the same network that supplies some of Silicon Valley’s bestsellers.
Forrest put it to me this way: “There is no Amazon Web Services for hardware, but we’re the closest thing to it.”
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