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Venture Development

HTR's New Ventures program began with the opening of the Lennox Tech Enterprise Center in 1997. Since that date, HTR has welcomed over 90 companies to TEC.

 

The New Ventures program is focused around the three key aspects of business growth with a variety of services targeted to companies at each level of growth. The three key areas are Creation, Incubation, and Acceleration.

 

Our business support philosophy is based on developing a close partnership with our Client companies -- we work to be your trusted business partners, not just advisors. We share in the pride of your successes and the frustration of your challenges, rather than simply watching and coaching from the sidelines.

 

Our model is one of surrounding you and your team with the resources you need to be successful. This begins with your being assigned an Entrepreneur-in-Residence (EIR) mentor who serves as your "first-responder" when you need assistance. Your EIR will be your coach, your mentor, your cheerleader, your friend, and also your connection to securing additional resources, whether you need help with market sizing, deal negotiation, capital readiness, or any of a vast array of challenges.

Technology Commercialization
The HTR staff works with academic and industrial labs to increase the local commercialization of technical innovation. National benchmarks have been identified and specific action plans are underway to support technology commercialization, particularly in biotechnology.

Entrepreneurial Training
HTR sponsors seminars and training events held at the Lennox Tech Enterprise Center throughout the year for individuals interested in starting or growing a high tech company. Featured events include monthly InfoBytes programs and Tech Entrepreneurs' events.

Business Development Services
HTR works with start-ups and entrepreneurs to help develop their businesses. HTR works directly with entrepreneurs and small to medium-sized businesses both within and outside of the TEC program. We can provide hands-on assistance with business plans, marketing plans, marketing research, competitive information and intelligence gathering, or even financial plans. These tasks, while often a challenge for the entrepreneur and small business owner, are a sampling of the types of work HTR can do to accelerate the growth of your new business.

Small Business Innovation Research Outreach
The SBIR and STTR grants provide over $2 billion annually to support R&D efforts by small companies developing innovative technology with commercial applications. Eleven federal agencies solicit proposals that receive from $100,000 (Phase-I) to $750,000 (Phase-II) in funding.
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For more information on any of the startup programs mentioned above, contact Bob Kot or call at 585-214-2403.