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Developing and
Implementing Strategies to
Capture R&D and Capital Funding
Do
you have multiple opportunities for government funding but lack the internal
staffing or access to government agencies to identify and evaluate these
opportunities? Have you decided to concentrate on the government as a customer
for your growth strategy and need help branding your firm with key government
agency and congressional sponsors? Are you leery of investing time and energy
chasing competitive solicitations without success? ITECS Innovative Consulting
can help your company secure government funding to grow your business with
lower risk.
Successfully
landing government funding or targeting the government as a customer relies on
access to experienced people, credible information, and outstanding success
with the process. ITECS provides all three. We do that by creating a long-term
relationship with you in the form of a service contract. Through the service
contract we're able to continuously monitor and research opportunities for your
technologies, create company brand recognition with government agencies, and
define the value of your submitted technology for funding. A service contract
relationship allows ITECS to gain a deep understanding of your company and
technologies to position you for growth.
With
our service contract offering, clients invest monthly
to qualify as many opportunities as possible with the government. We
constantly monitor congressional and agency initiatives, trolling to identify
opportunities that are possible fits with your company. Then, building on our
experience leveraging government funding and launching new products, we
evaluate the possibility of success with each opportunity and qualify those
that seem promising, minimizing your risk prior to pursuing funding. We then help
you create a strategic plan to secure funding in qualified opportunities.
We can also extend the plan to include strategies for getting the technology to
market quickly. With our experience and understanding of codes, regulations,
and tax incentives as they apply to your technology, we mitigate risks,
accelerate your product launch, and increase market penetration.
A
variety of opportunities are available to leverage the government to grow your
organization. However, to take advantage of these opportunities, you need to
know how your company might qualify.
We
have the expertise to identify funds for your new product or technology
opportunities and to develop robust strategies to capture these funds. We have
access to key people at both the legislative and the executive branch to
proactively position your initiative. We also have the technical and marketing
skills to manage any paperwork necessary to secure funding.
Clients
use our expertise to ensure that their high-potential growth projects have the
best chance of commercial success. Let ITECS guide you through the process of
leveraging the government to grow your business by capturing R&D and
capital funding.
Identifying
Growth Opportunities
To
get started, ITECS holds a telephone call between decision-makers and ITECS
principals to provide an overall orientation; discuss the scope and goals; and
identify growth objectives, potential projects, and costs and benefits. We
qualify the opportunity by identifying the funding source prior to signing the
contract with the client. No risk is involved for you!
Aligning The Growth Opportunity To The Funding
Source
ITECS
then works with you to set objectives and goals, create an experienced ITECS
team customized for your needs, conduct preliminary and secondary research, and
draft a plan. ITECS completes primary and secondary
research to identify the funding source that aligns with your growth
strategies. Working with both business and technical leaders, ITECS helps set
priorities for the opportunities that look most promising.
Creating
Relationships with Thought Leaders
ITECS'
global network of high-level industry, government, and university R&D
thought leaders, combined with our experience in new business development,
marketing, and technology, allows us to determine if university participation
benefits the project. We also identify other companies developing complementary
technologies or determine appropriate non-profit partners that may further
enhance the success of your project.
Defining
& Refining Your Message
ITECS identifies the project’s value proposition or your firm’s
competitive edge, defines your brand as it relates to various projects,
introduces your company’s key leaders to agency and congressional
decision-makers, refines messages, and manages ongoing communications. As part
of the process, ITECS develops a white paper to position your message with the
agencies and Congress.
Accessing
Political and Agency Processes
ITECS
has relationships with 85 percent of congressional offices and we reach into 70
percent of the 257 agency laboratories. These relationships allow ITECS to
determine R&D resources, identify testing facilities beneficial to the
project, determine and capture procurement opportunities, and accelerate market
penetration with our thorough understanding of codes, regulations, and tax
incentives.
Qualifying the Program
Based on the feedback from the agencies and with your input, the
ITECS team decides whether to proceed. If it looks promising, a plan
is developed to pursue already appropriated funds or a congressional
appropriations request. A clear path forward is identified for you.
Let us put the ITECS Advantage to work for you. One
meeting is all that's needed to determine if the value of the ITECS Network and
its expertise and resources can enhance your growth objectives. For more
information, contact us at 404-210-4140 or e-mail Brendan Ward at
bward@itecs-innovative.com.
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