PRESS RELEASE | SEPTEMBER 2015PCH announces Clinton Global Initiative commitment
PCH is opening its product solution platform to prosocial entrepreneurs through a new Clinton Global Initiative (CGI) Commitment to Action.
PCH specializes in helping companies navigate the many complexities involved in taking a hardware product from concept to consumer. Through the CGI commitment, PCH will help prosocial entrepreneurs turn great ideas into products that can positively impact the world.
PCH defines prosocial entrepreneurs as both for-profit and not-for-profit companies developing hardware products that make a positive impact on people, communities or the environment. PCH is offering prosocial entrepreneurs access to capabilities normally reserved for Fortune 500 companies.
Selection into the program will be based on potential for positive impact, as well as market viability, strength of the team, focus on user experience and ability to scale. Prosocial entrepreneurs are charged no fee to apply, and if selected, will receive PCH services at a below market rate, or in some cases, at no cost.
“We want to help make products that answer global needs. Although hardware is hard, this fact should not be an impediment to getting genuinely life-changing products made and deployed. Working with partner organizations, we hope to identify and support the best prosocial entrepreneurs and help them get their products made efficiently and sustainably.”
Liam Casey, Founder and CEO, PCH
PCH programs available to prosocial entrepreneurs:
- Highway1 is a startup accelerator for early stage hardware companies which offers, over the duration of a four month program, 24/7 access to a 1,000 square foot prototyping lab, dedicated staff to assist with engineering, business development and marketing, $50,000 in funding and a rich network of mentors.
- PCH Access provides an integrated platform to move late stage hardware startups from advanced prototype to mass manufacturing with an array of capabilities normally exclusive to Fortune 500 companies, spanning product design engineering, development, manufacturing and fulfillment.
- PCH Lime Lab is the product design and engineering division of PCH, which takes on the most sophisticated engineering design challenges – no detail is too small and each project is unique. PCH Lime Lab works with the world’s most innovative brands, guiding product creation through all phases, from opportunity, concept, design engineering and development, to packaging, manufacturing, and the customer experience.
A prosocial company could be eligible for support from one, or all of these services. PCH will work with non-governmental organizations and others in the philanthropy community to help identify the most promising products and companies and then design a program customized to the needs of each company.