The dilemma in commercializing new technologies is that, in many instances, the talents required to develop a product are much different than the skills required to successfully build a pathway to commercialization. The result is that many very good ideas and products never experience their full market potential due to lack of experience in the later phases of product commercialization and company development.

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Achieving Success

Innovation Drive will assist its clients in realizing a path to commercialization. In many cases, steps to achieve this goal will be:

Demonstrate the feasibility, reliability, and efficiency of a technology
Diversify the product offering to achieve economy of scale and affordability
Directly market and expose the technology to potential customers

Innovation Drive leverages its general business acumen, government and industry experience, and global contacts to form superior, “best-in-class” teaming arrangements to maximize the potential of a technology and its market opportunities.

Funding technical projects can be expensive and risky. However, Innovation Drive targets federal programs through which a public-private partnership may be established meeting the desires of the government and the Innovation Drive client. The intent of the public-private initiative is to capture the financial strength and institutional support of government while embracing the innovative spirit and entrepreneurial drive of private enterprise.

The direct result of such partnership is the realization of a viable and affordable commercial product in the most rapid timeframe possible. Ideally, this will beat competition to market while establishing profitability early in the venture