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The vision and potential of a new business is tested in the critical first three years. This is the phase we help transform technology breakthroughs into marketable products and services – and help innovators become business leaders. We do it through professional development and commercialization strategies that empower entrepreneurs make to effective, informed decisions. CommercializationThe process of moving from lab or whiteboard to market is a challenge for any new company. We help you understand the necessary steps and make the connections you need to establish a viable business model. Our coaches specialize in three areas IT, bioscience, and advanced materials. Entrepreneurs in ResidenceCompanies that have reached a level or refinement and maturity are selected as candidates to receive the TechColumbus Pre-Seed Fund. It is at this point where TechColumbus will assign a Entrepreneur in Residence (EIRs) to join the team as an experienced CEO to help the company prepare for the next round of funding and venture capital investments. TechColumbus' EIRs have more executive level experience and are an incredible asset toward taking companies to the next level of funding and growth. Having a TechColumbus EIR assigned to your business is the equivalent of receiving a highly-experienced CEO to join your team at a time when you need it most, but can afford it the least. If your company is awarded the TechColumbus Pre-Seed Fund, an EIR will work with you to establish measurable and achievable performance objectives that will determine how and when funds will be released. The purpose of these "milestones" is to reduce business risk, grow revenues and ultimately help your business become more attractive to follow-on investors. |
Funding is due largely in part to:
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