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OUR STORY
A New Kind of Technology Commercialization Firm
MindForce Consulting is an
Innovation Capital
firm that brings organized, entrepreneurial subject-matter talent to ideas. We partner with our clients to commercialize technology, usually by building new ventures or finding licensees.
Like a movie producer, we bring together talented business professionals, assemble the ideal project team and working platform, integrate the team's intellectual capital with the client's intellectual property (IP), and work towards defining the most appropriate end-goal or exit transaction - which typically takes the form of a newly capitalized company or licensee arrangement.
We are 100% business-focused and market-facing, and bring a diversity of business intelligence to every opportunity. We work with seasoned professionals, leveraging our core consultants and our strategic access to over 100,000 experienced MBAs worldwide. We offer unparalleled global reach, responsiveness and business expertise in every conceivable industry. In sum, we provide a range of talent and consulting solutions at each stage of a company's growth life cycle.
We typically work with Fortune 2000 companies with IP on their "shelves," major universities, companies seeking SBIR funding, and passionate individual patent holders.
We Have Identified The Problem
From the simple to the complex, the technology transfer and commercialization process in the United States is a highly inefficient and fractured process, littered with complex and difficult to understand language, and championed by an assortment of institutions and firms working, in many ways, with different agendas.
In many cases, IP fails to be commercialized because of the following reasons:
lack of market exposure and finding the right licensing buyer
the business market need is not clearly identified
the technology has one or more complex issues to overcome
lack of funds to eliminate product risk (prototype) and assure technology meets regulatory standards
lack of funds to hire management teams, staff and advisors
The Solution: The MindForce Approach -- 100% Market-Focused Execution
MindForce approaches each assignment with the objective of finding the absolute best execution for our client and their IP opportunity.
To do this, we bring together a strong team of business professionals for a client to form a specific IP Team.
This team is charged with determining if it is best to find an exclusive licensee or multiple non-exclusive partners, or if
it makes most sense to first build a viable business plan to spin out the IP into its own company structure, i.e. detaching it from the IP Owner.
We take a long-term partnership approach when establishing a new client relationship. Our success is reflected in the mutually profitable utilization of a client's IP. Our goal is not to be considered an opportunistic work-for-hire consulting firm, but rather to become a partner in unleashing the maximum value of our client's IP and IP portfolio.
MindForce approaches technology commercialization from a business/market perspective.
1) We have a core team of proven project leaders, many of whom combine the business savvy of MBAs with considerable technology expertise.
2) We focus on these industry/IP areas: CleanTech/Energy/Alternative Energy/Sustainability, Advanced Materials/Nanotechnology, Life Sciences/Medical Devices/Healthcare, and Telecommunications/Media/Communications/Web 2.0
3) We have the talent reach to quickly assemble the "right" domain industry experts for building a IP Team for each IP. We also access the talent base of 18,000 experienced MBA GlobalNet members to bring domain industry experts to the team as appropriate.
4) Our business-savvy IP Teams place an emphasis on the Unmet Market Need/Opportunity.
5) Our consulting assignments are structured, with an emphasis on sharing the upside of what we create.
Thus, MindForce MUST place 100% emphasis on the business opportunity to make this a worthwhile financial endeavor.
6) Our marketing and analytical services concentrate solely on showcasing the commercialization applications and market potentials of each IP technology. We also closely look to see if starting a company is a viable option and, if so, we can assist in finding the management team, writing the business plan, and raising capital.
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