The Proof is in the Joint ProofCo®
Our primary method to move technologies along the commercialization continuum quickly is a joint ProofCo (Proof of Commercialization) project — a clearly defined, precisely positioned, and tightly managed project that delivers clean IP to our clients.
Here’s how a typical Joint ProofCo works:
- Working with our client through our technology scouting service (IPScoutSM), we verify technology patentability and secure IP rights as well as confirm probable market acceptance.
- We form the ProofCo project, joining with our client to make the necessary investment for further development based on the IPScout identified need.
- The ProofCo is managed tightly. It has no overhead and operates systematically (and relentlessly) within the IP2Biz process. We do all the work, with frequent progress reporting for our client.
- While the ProofCo usually takes 6-18 months to complete, the outcome is a clean and market-validated technology asset package including exclusive, global rights to the technology.
- After ProofCo completion, the ProofCo is sold to our client at a pre-determined price for further commercial development.
To request information on the joint ProofCo process, click here.