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Commercialization Assistance Services
Larta commercialization assistance services leverage a vast network of subject matter
experts, seasoned entrepreneurs, investors and industry players to help transition
publically funded R&D to the marketplace.
Our Commercialization Assistance and Global Bridge™ Programs help entrepreneurs address
viable market opportunities and bridge the gap between an innovative technology and an economically-viable product. Program participants receive a combination of
personalized mentoring, targeted consulting sessions and private feedback sessions
with investment and industry partners, building the global competitiveness of technology-based
enterprises.
Participants have raised over $542 million and created more than 1800 new jobs, with almost 40% of new jobs being conceived during the program.
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LaunchPad™
Commercialization Training Workshops offer in-depth interactive seminars
led by Larta advisors and experts from the legal, investment and industry communities.
Over 800 entrepreneurs have attended 16 live CTWs since 2004.
Personalized Mentoring with a dedicated Larta Principal Advisor addresses
company specific hurdles and prepares the company to execute a strategy to bridge
the gap from the lab to the marketplace. Principal Advisors average 15 years of
commercialization experience and a successful startup of their own.
Interactive Webinars educate participants on common issues facing small high-tech
startups. Past topics have included Intellectual Property Strategy, Preparing Financials
for Investors, Licensing & Partnerships and more.
MarketLink™
Larta’s Industry Advisory Board and Mentor Networks offers participants with potential partnership
opportunities and constructive feedback on their business strategy. More than 50
executives from Fortune 1000 companies make themselves available to Larta program
participants.
View
the Industry Advisory Board here.
Post Program Tracking helps our clients track the success of their investments
in program participants. Larta tracks companies on multiple success indicators after
completing the program. Larta program participants reported more than 3 new jobs
generated per company on average, with almost 40% of new jobs being conceived during
the program.
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Our Clients
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The National Institutes of Health Commercialization Assistance Program (NIH-CAP)
is a nation wide program funded by NIH and managed and executed by Larta. The program
is designed to assist some of the most promising SBIR Phase II-funded life science
companies bring their technologies to market.
Go to NIH-CAP page.
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Canberra-California Bridge Program was created to develop better channels for Australia
Capital Territory (ACT) companies to enter the U.S. market. The Canberra-California
Bridge Program was designed to help improve the success of U.S. and ACT exporters,
and enhance business connections between Los Angeles and Canberra through small
and medium enterprises.
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NSF has contracted with Larta Institute to design and deliver a program which will
assist the Agency's SBIR/STTR Phase I grantees in their commercialization efforts.
Go to NSF-CAP1 page.
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ABDI (The Brazilian Agency for Industrial Development) retained Larta to develop
and execute a unique 3-phase mentorship, showcase and partnering program designed
for emerging entrepreneurs from Brazil interested in engaging the U.S. market.
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Larta Institute has partnered with the U.S. Army’s Telemedicine and Advanced Technology
Research Center (TATRC) to advise and mentor TATRC-supported companies developing
solutions in healthcare IT, neuroscience, healthcare informatics, telemedicine/m-Health,
and other related technology sectors. Larta’s TATRC Commercialization Assistance
Program (TATRC-CAP) provides assessments and feedback on participants’ commercial
prospects and, for a select group, also provides individualized assistance toward
advancing their commercialization goals.
TATRC-CAP is a two-phased program: Phase 1 consists of onsite visits and market
readiness assessments of twenty-five (25) TATRC-funded projects. Phase 2, for a
subset of ten (10) participants from Phase 1, consists of hands-on assistance in
evaluating commercialization options through individualized mentoring and the development
of market-oriented tools such as a commercialization roadmap and presentation.
Phase 2 is highlighted by Feedback Sessions, which are live, interactive, and informal
one-day working sessions where participants present their business and technology
to a group of mentors who include industry executives, capital providers, seasoned
entrepreneurs, and intellectual property experts. TATRC-CAP is a 9 month program
that starts in September and concludes in May of the following year.
Go to TATRC-CAP page.
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The Canada-U.S. Bridge program is a product of a long lasting cooperation between
the Canadian Consulate General in Los Angeles and Larta Institute. This program
is designed to introduce promising Canadian life science companies to United States
investment and research communities.
Larta Institute and partner, Canada's Investment, Science, & Technology Branch (IST),
delivered remote training to several select companies, a group of which were invited
to Los Angeles where they received further training through live mentoring, networking
opportunities a final presentation event at the Venture Forum. In addition, the
Canada-U.S. Tech Transfer Bridge program showcased selected technologies spinning
out of Canadian universities at Larta's Project T2 (technology transfer) Conference
to generate interest in Canadian tech transfer efforts from U.S. corporate venturing
arms.
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This ATP-funded program, managed by Larta Institute, assisted early stage companies,
startups, and emerging university technologies in various high-tech industries to
learn about the business issues related to technology innovation and commercialization.
The program comprised of training workshops, individual mentoring and coaching sessions,
and showcase events in which companies presented their technologies to the investment
community, potential strategic partners and licensees.
Go to NIST-ATP page.
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Larta Institute produced “Hong Kong, Your Risk Manager to China”, an invitation-only
luncheon for Invest HK. The Assistant Director of Invest HK presented information
about the region and its business and technology climate to about 80 high-level
attendees. The project's goal was to connect the Invest HK office with executives
from technology companies interested in exploring business opportunities in Hong
Kong and China, and to showcase the advantages of entering the Chinese Market using
Hong Kong as a platform.
Hong Kong’s Innovation and Technology Commission has also partnered with Larta Institute
to “help spearhead Hong Kong’s drive to become a world-class, knowledge-based economy.”
Larta Institute offered remote training to selected companies; six of which we invited
to Los Angeles to receive live mentoring, expand their networks, and attend a final
presentation event at the 2006 Venture Forum in San Jose.
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For the past two years, the U.S. Department of Energy (DOE) has selected Larta Institute
to provide commercial potential or “business capability” reviews for Commercialization
Plans submitted by DOE Small Business Innovation Research (SBIR) and Small Business
Technology Transfer (STTR) grantees as part of their SBIR Phase II application.
Larta’s commercial reviews serve to complement the technical reviews of the Phase
II applications carried out by DOE, both of which the agency uses in determining
SBIR Phase II awards. Each year Larta assesses about 100 SBIR Phase I companies
proposing solutions in a wide range of technology areas. The SBIR Phase I companies
are typically early stage, pre-seed and reliant on government funding.
Larta’s energy and clean technology experts, experienced consultants and business
executives with track records of helping the growth of innovative enterprises, provide
the business capability reviews. Technology sectors include: energy efficiency and
renewable energy (solar, wind, thermoelectric, biofuels), energy storage, advanced
materials for nuclear and high temperature applications, fossil fuel, remediation,
remote sensing, high performance computing, and more.
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The Italian Trade Commission partnered with Larta Institute to help promote trade,
business opportunities, and industrial cooperation between Italy and U.S. companies.
Larta Institute provided remote training to a select group of Italian innovators
and selected the two most promising companies to receive further training in Los
Angeles. These companies gained industry access, networking opportunities and live
mentoring, along with a chance to present to an audience of investors, industry
and partners at the 2006 Venture Forum in San Jose.
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Larta deployed two separate programs for DARPA; one was designed to assist DARPA
SBIR companies transition their funded technologies into acquisition channels at
the DOD prime and subcontractor levels. The second program (available to current
DARPA DSO SBIR Phase II Awardees) facilitated the transition of DARPA-funded companies
into the commercial marketplace. The program comprised individual mentoring, coaching
sessions, and a showcase event where SBIR awardees presented their technologies
to the investment community, potential strategic partners and licensees. A total
of 13 companies participated in the program and 9 of them presented at Larta’s Venture
Forum conference.
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The goal of the California Technology Investment Partnership (CalTIP) program was
to accelerate the commercialization of emerging technologies. For close to 10 years,
Larta managed this State of California matching grant program at a regional level.
Larta directly managed outreach, conducted workshops on commercialization strategies
and the program itself each year for between 100-150 companies, representing the
entire population of regional applicants to the CalTIP program, and conducted site
visits and one-on-one meetings with grantees to ensure that the Commercialization
Plans developed were being implemented or refined. Services delivered: program management,
including workshops, outreach, peer review and selection of nominated CalTIP winners,
entrepreneurship training, and commercialization assistance.
Results: CalTIP established strong leverage, with $45.6 million in state grants
matching over $250.6 million of federal funding; $249.6 million raised in private
investment; and the generation of high-wage jobs (1,292 permanent, 10,914 project/short-term
jobs). The regional share overseen by Larta was $13 million, with a leverage of
7:1 of State funds.
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Larta developed and presented a workshop at the annual Montana Bioscience Alliance
meeting. The Montana Bioscience Alliance serves as a hub for Montana's biotechnology
community to commercialize, grow and sustain globally competitive bioscience companies.
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Israel-U.S. Venture Bridge Program provided executive training and incubation services
to venture-ready Israeli life science companies. The program was designed to prepare
the companies to receive potential U.S. investment. The Israel-U.S. Venture Bridge
Program was underwritten by a grant from the U.S.-Israel Science and Technology
Foundation (USISTF). 17 executives received training and mentoring in the first
two years of the program. The two most promising companies from the first year of
the program received live mentoring in Los Angeles and later presented before corporate
leaders and investors at a final venture salon. The three most promising companies
from the second year received further mentoring in Los Angeles and presented at
the Venture Forum.
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Larta Institute created a program to encourage information exchange and the development
of strategic alliances, joint ventures and cooperative agreements between American
companies and companies in Sweden and Finland. The project was funded by the Swedish
Office of Science & Technology (ITPS) and The National Technology Agency of Finland
(Tekes). Larta produced two final conferences, "How Swede IT is" and "Scandinavia
Goes Digital", which featured presentations from participating companies.
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JETRO Bridge Program was funded through the Japan External Trade Organization (JETRO)
and The Japanese Ministry of Economy, Trade and Industry (METI). The program's purpose
was to provide business training and investment opportunities to Japanese start-ups.
Larta Institute developed workshops and internships to familiarize Japanese businesspeople
with American business practices, arranged mentorships and site tours for the visiting
executives, and hosted an event where the Japanese corporate representatives presented
their companies to leading U.S. business executives and investors. 12 Japanese entrepreneurs
were brought to Los Angeles to receive live, customized training and mentoring for
14 weeks. The Japanese entrepreneurs were placed with Los Angeles-based companies
for three-month internships. The participants presented their business plans at
a final venture salon.
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TechnoValue/Business Network & Systems Development International (bnsD), in collaboration
with Larta Institute, created a comprehensive educational program and study tour
for technology transfer managers of various regional technology transfer centers
(RTTCs) from Korea. The program was conducted in Los Angeles, Orange County and
San Diego from November 13 to November 20, 2007. Participants learned first-hand
about the technology transfer processes and practices in California's universities
and research institutions and heard about the challenges and opportunities in creating
and nurturing an ecosystem to support the transfer of technology from research institutions.
The program featured seminars providing perspectives from investors, figures from
industry and service providers, discussions between participants and their U.S.
counterparts, and site visits to area institutions.
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As Malaysia is nearing its second phase of implementing the National Biotechnology
Policy i.e. Science to Business; the efforts of bringing scientific discoveries
and innovations from research activities need to be heightened to ensure that the
aspirations and objectives of the policy are achieved successfully. The Malaysian
Biotechnology Corporation (BiotechCorp)
will intensify its efforts to accelerate the commercialization of technologies and
innovations developed at Malaysian's Higher Learning and Research Institutions.
To achieve this, BiotechCorp has enlisted the services of Larta Institute to design,
develop, and implement the Malaysian Global Bridge Programme to help advance the
market readiness and potential of Malaysian biotechnology entrepreneurs in the fields
of Agricultural Biotechnology, Healthcare Biotechnology and Industrial Biotechnology.
The partnership and collaboration with Larta Institute will provide BiotechCorp
and the potential delegates with access to world-class content and experience to
enable the creation and development of global Malaysian biotechnology enterprises.
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The Foundation for Research, Science & Technology (FRST), in collaboration with
Larta Institute, developed a 3-phase mentorship, showcase and partnering program
designed for emerging entrepreneurs from New Zealand interested in engaging the
U.S. market. The purpose of the program was to provide participants with valuable
mentorship and preparation for U.S. market penetration and the opportunity to showcase
their innovations at the most well-recognized showcase of innovation and entrepreneurship
across the globe, The Venture Forum.
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The United States Industry Coalition (USIC) and the Foundation for Russian American
Economic Cooperation (FRAEC), in collaboration with the Larta Institute, launched
a unique 3-phase mentorship, showcase and partnering program designed for emerging
entrepreneurs from the Former Soviet Union (FSU) interested in engaging the U.S.
market. Innovators for this program were sourced from various technology institutes
and companies funded by the Global Initiatives for Proliferation Prevention Program
(GIPP) of the U.S. Department of Energy's National Nuclear Security Administration.
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In 2006 and 2007, the Institute for Information Industry (III) partnered with Larta
Institute in their mission to grow and strengthen Taiwan's information industry
development. Larta Institute provided remote training to selected companies from
which five of the most promising companies were invited to Los Angeles to receive
world-class live mentoring and networking opportunities. These companies were also
given the opportunity to present at the 2006 and 2007 Venture Forums in San Jose
and San Francisco to an audience of investors, industry and partners.
The first U.S. Bridge to Taiwan was an exclusive event held in 2004 to inform selected
U.S. companies of the potential for building relationships with Taiwanese companies
and organizations in the areas of information technology and biotechnology. The
invitation-only event provided U.S. businesses with the insider information necessary
to access partners, strategic alliances, and clients in the Taiwanese technology
industry. The Taipei Economic and Cultural Office (TECO) funded the program.
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USDA has teamed with Larta Institute to develop and deliver a pilot program designed
to assist USDA's SBIR Phase II awardees in the commercialization of their technologies,
processes and/or services. The program aims to facilitate the transition of developed
technologies, processes, and/or services into the commercial marketplace. Go to USDA-CATP page.
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