MFC / Commercialization Services Commercialization Services Our Intellectual Property (IP) services are separated into five defined market-focused execution areas based on the desired business outcome of the IP Owner: Evaluate Portfolio IP To Identify Those With The Best Commercial Potentials(pdf) MindForce is experienced working with owners of large Intellectual Property portfolios to target the most important IP that can be commercialized and to develop viable and aggressive commercialization plans. We will put together plans to license the technology to third parties, to help integrate the technology within the corporate organization and/or to spin the technology into new ventures to create successful revenue-generating entities. We can then implement those plans by establishing venture and licensing teams. Our primary goals are to ensure that clients exceed their revenue or profit targets and keep their cost to commercialize each selected IP as reasonable as possible. Build Licensing Teams To Identify And Engage Licensees Most Intellectual Property offered for license by IP Owners typically require future licensees to spend resources to turn it into a commercial product or service. Therefore, finding the right company or companies willing to take the risk to innovate requires considerable effort and elbow grease, not only to properly position the opportunity, but to negotiate the license, and make sure the know-how and IP transfer goes very smoothly. Our MindForce Licensing Team consists of the right industry experts and is charged with creating the most appropriate sales packages, finding the right target companies, pitching them and closing deals -- in return, for compensation that includes a percentage of the licensing royalties. Build Venture Teams To Launch And Rapidly Grow New Ventures(pdf) MindForce is an active Producer for an IP Owner that needs a business execution team, product or service clarity, market focus, and/or capital. We orchestrate talent to both build and run a formal Venture Team to co-develop and launch high-potential business opportunities, including packaging the company for capital investment. MindForce and its Venture Team earn equity based on achieving pre-determined milestones, set by both parties, that moves the company towards sustainability. Turn Science Ideas Into Funded SBIR Grants -- NSF SBIR Commercialization Plan Phase Writing And Review Services Scientists are excellent at scientific research. MindForce excels at turning science ideas into business opportunities and working with scientists to make it happen. MindForce has acquired the hands-on expertise to write or review the 15-page commercialization plans required by the National Science Foundation as part of their SBIR Phase II $500K applications. Not only have we successfully written our first commercialization plan that received Phase II grant money in late 2008, but our consultants have mentored over 100 NSF companies, over the past three years, to assist them in improving their Phase II commercialization plan submissions. Develop Market Assessment Reports, Rapid-to-Market Commercialization and Business Plans, and IP Marketing Materials The MindForce IP Evaluation Group conducts consulting projects where the IP Owner would like to get a market viewpoint about the IP's potential commercialization opportunity. Tapping into Subject Matter Experts (SMEs) from both MindForce and MBA GlobalNet, our sister company, we consistently organize these SMEs into short-term consulting teams where they provide their expert opinions, write detailed market reports and produce marketing materials for one or more IPs or business opportunity.