# MVP

The first real, usable version of a product: the smallest scope that delivers value to real users, with planned near-term improvements.

The original startup meaning is the smallest version that tests whether people want the product at all. In large companies it has come to mean the first production release.

Also called: Minimum viable product

Often confused with: Proof of concept (POC), Pilot

Source: https://redfinchadvisory.com/lexicon/mvp (version 1.0, changed 2026-10-21)