PoC vs Prototype vs MVP: What's the Difference? | Corporate Lab
Startups and new businesses rely on PoCs, MVPs, and prototypes to prove their ideas are worth pursuing. Corporate Lab provides a breakdown of these concepts, starting with proof of concept (PoC) which demonstrates that an idea can be turned into a project. A prototype is a first draft of the final product, designed to test functionality and receive feedback from beta testers. Finally, a minimum viable product (MVP) is a fully working product that tests if the market is ready for your idea. Understanding the definitions and key features of these concepts can save businesses time and money during the development process.