INNOVA Commercialization
About
The INNOVA Commercialization Group (INNOVA), an initiative of the High Technology Foundation, is a business support services and seed and early-stage investment capital program dedicated to creating successful entrepreneurs and new ventures. INNOVA specializes in bringing vital knowledge and resources to seed and early-stage companies in support of product commercialization efforts. Although INNOVA’s primary focus is on the geographic region of West Virginia, INNOVA can bring expertise to almost any project. INNOVA offers its clients a unique understanding of the challenges facing seed and early-stage companies. In order to overcome these challenges, INNOVA has developed a portfolio of offerings designed specifically for commercialization and start-up companies. This assistance includes business support and technical services, seed and early-stage funding and entrepreneurial education and training. The INNOVA team members, with their diverse business backgrounds, bring a toolkit of resources and contacts to each new client. Many of these services are delivered directly by the INNOVA team and are tailored to meet the needs of each client. In addition, INNOVA can utilize a pool of financial resources to assist qualifying clients with business support services performed by regional accounting and legal firms, as well as other consultative services, as needed. INNOVA will also work with qualifying companies to provide assistance in applying for federally sponsored Small Business Innovative Research (SBIR) grants.
In addition, INNOVA manages a growing seed stage capital investment fund. The INNOVA commercialization team seeks out early-stage West Virginia based product-oriented companies in which it can place equity or near-equity investments. Such investments are used to prepare growing companies for future venture capital investments.
Finally, INNOVA sponsors and delivers entrepreneurial education, training and networking events. These events are designed to provide entrepreneurs with the tools necessary to start and grow their businesses. Services are only provided to clients who live within the state of West Virginia.
Services Provided
Economic and Site Development
- Economic Development
Business Planning
- Business Plan Consulting
- Forming a Business
- Market Plan Development
- Market Research
Financial Resources and Assistance
- Angel Investment Providers (Specialty)
- Equity Funding Preparation (Specialty)
- Matching Fund Providers
- Financial Modeling
- Venture Capital Providers
Manufacturing, High Tech, Life Sciences Development
- Commercialization (Specialty)
- High Tech Development (Specialty)
Networking and Associations
- Industry Specific
- Small Business/General
Product Development
- Patent Information
- Product Design and Development
Starting a Business
- Business Research Resources
- Feasibility Studies
- Forming a Business
- Startup Business Counseling (Specialty)
Technical Assistance
- Commercialization (Specialty)
- Technology Transfer
Events and Community Building
- Pitch Events
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