Word of the Week
#EnvolveEDU
Proof of Concept
/pro͞of/ ŭv/ kŏn′sĕpt′ / n.
A proof of concept (POC) is the preliminary rollout of a specific program, process, method, principle, model or idea to demonstrate its feasibility.
POCs are used inside the company just to clarify which way to go with the development, but they can also be used to to garner interest for seed-stage funding.
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