You probably have noticed the new "T" in our name, and wondered, "What's that about?"
“T” stands for "services to technology & innovation-based businesses."
Need funding to further your knowledge-based business concept? Our SBIR Gateway will teach you what you need to know to apply AND assist you with the application process.
The Delaware SBTDC assists entrepreneurs whose business focus is on innovation, new technology development, or new applications of existing technology. Innovation typically involves intellectual property that contributes to a strong competitive advantage in the marketplace. Services include consulting, research, and training in the following key areas.
“T” Core Service Components:
1) Business Development Assistance
- Commercialization planning using Roadmapping (based upon the Goldsmith Technology Commercialization Model)
- Market Potential Analysis (Market Size, Industry, Target Customers, Competitors)
- Assessment of business issues (Legal, Transportation, Plant, Equipment, etc.)
- Start-up strategies
- New product development plans
2) Intellectual Property Guidance
- General intellectual property information
- Intellectual property strategies and options
- Referrals to network of attorneys
3) Management Team & HR Assistance
- Management team assessment
- Identify gaps, define roles & responsibilities, referrals to recruiters
- Retaining key employees, evaluation and team building
4) Access to Capital
- SBIR/STTR Assistance through our brand new SBIR Gateway Program
- Assistance locating and preparing for equity financing through Angel and Venture Capitalists
- Traditional financing sources and preparation
5) Development of Economic Environment
- Networking
- Referral system
- Professional connections
“T” Core Service Goals:
It is our goal to help tech-based entrepreneurs build a sound business plan, understand customers and markets, understand the options available to raise capital, set appropriate goals & priorities, and acquire necessary skills and talent. Our goal will be achieved by providing guidance, being a sounding board, and sharing technology company experience.
