HWTrek Releases its 2014 RFQ Tool and Crowdfunding Guide to Help Inventors Through the Manufacturing Process

Digital Electronics Community Provides Additional Tools to Further Support Consumer Electronics and Hardware Inventors Around the Globe

HWTrekTAIPEI, Taiwan – February 26, 2014 – HWTrek (Hardware Trek), a global community for digital electronics, announces the release of its new Request for Quotation (RFQ) Tool and comprehensive Crowdfunding Guide.  Further fortifying HWTrek’s newly launched community platform, the tools enhance ease-of-use, streamline the RFQ process and provide best practices for successful crowdfunding campaigns for hardware inventors seeking to bring their consumer electronics concepts to fruition.

“The RFQ Tool and Crowdfunding Guide are an essential aspect of HWTrek’s community platform and yet another way HWTrek is enabling and delivering enhanced support to the inventor and manufacturing communities,” says Lucas Wang, CEO, HWTrek.  “Our newly launched tools are designed to improve the overall customer experience by streamlining the complex processes of RFQ development and crowdfunding to accelerate go-to-market and product launch.”

The RFQ Tool
HWTrek’s RFQ Tool assists inventors with finalized prototypes in inviting potential manufacturing partners to submit quotations according to their unique project requirements.  The RFQ Tool simplifies the challenging manufacturing process, offering a step-by-step guide that ensures inventors have everything they need to make their projects a success.  The tool comprises key elements required for a comprehensive RFQ, including a project scope email template and sample nondisclosure agreement (NDA), as well as sample technical spec, project scope and volume, QE and testing requirements, safety requirements, packaging, and project schedule documentation.

The Crowdfunding Guide
Crowdfunding is a great way to get market validation and generate buzz for innovative and exciting products.  A successful crowdfunding campaign can mean the difference between a good idea and the next great consumer product.  Written by the experts behind HWTrek, the Crowdfunding Guide illustrates essential steps for a successful and strategic crowdfunding campaign, incorporating real-world campaign examples, practical tips and advice and resources such as timelines and checklists.  Supporting inventors from beginning to end, this guide discusses:

  • Pre­Launch: Planning Your Project, Secure Media Targets, Building Your Marketing Collateral, and Potential Crowdfunding Platforms;
  • Launching Your Project: Soft Launch and Promotions;
  • Maintaining Your Project: User Engagement;
  • Common Crowdfunding Pitfalls;
  • Tools and Resources;
  • Additional Tips & Tricks; and
  • What to Do if Your Campaign Fails.

For more information about HWTrek and to visit its community platform, go to www.hwtrek.com.

About HWTrek (Hardware Trek)
HWTrek pairs manufacturing experts with project creators to help navigate the complexities of bringing new hardware to market, in order to deliver a high quality product on time, under budget, and at scale.  Backers get high quality products, and creators get the support they need to make their product vision a reality.  Learn more about HWTrek: www.hwtrek.com.


Lynn Tan
Tel: +886.983.145.638

Ilissa Miller
iMiller Public Relations for HWTrek
Tel: +1 866 307 2510