The Proof is in The ProofCo®
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Our primary method to move intellectual property (IP) along the commercialization continuum quickly is a ProofCo? (proof of commercialization) project — a clearly defined, precisely positioned, and tightly managed project that delivers clean IP to a corporate technology buyer.
Here’s how a typical ProofCo is formed:
- After unearthing the technology through our technology scouting service (IPScoutSM), we verify technology patentability and secure IP rights as we confirm market acceptance.
- We form the ProofCo project, making the necessary investment for further development based on industry/market need.
- The ProofCo is managed by a seasoned industry executive with expertise in the relevant technology area. The ProofCo has no overhead and operates systematically (and relentlessly) within the IP2Biz process.
- While the ProofCo usually takes 6-18 months to complete, the outcome is a clean and market-validated technology asset package.
- After ProofCo completion, the ProofCo is sold to a corporate buyer/operating company for further commercial development. In other instances, IP2Biz may form a new company (NewCo) to bring the technology to market, later selling the new company to a larger corporate entity.
Current ProofCo Project Examples:
- 3-D Solar Cells -- Unique tower structures bounce sunlight to increase efficiency
- Titanium Dioxide Nano Wires -- Breakthrough long nano fibers with high thermal stability
- Rapid Routers -- Advanced routing to speed network throughput (www.rapid-routers.com)
- Sub-Micron Thermal Imaging -- Unprecedented spatial resolution
- BioSequent -- The platform for new health products
For an abstract of current ProofCo projects, visit the ProofCo Projects page.
To request information on the above ProofCo’s, click here.