by Lea Strickland | Jul 31, 2014 | Business Articles, Business Growth, Economy and Economics, Government Funding Compliance, Non-Profit, Small Business, Small Business, Start-up
The government is utilizing existing agency structures and federal funding assistance programs to award stimulus funding for research and innovation projects. From the Department of Energy, Department of Health and Human Services and others, projects are in the...
by Lea Strickland | Jul 31, 2014 | Business Articles, Business Growth, Commercialization, Entrepreneur, Government Funding Compliance, Perspectives, Small Business, Start-up
If you’ve ever spent the day working on compliance with government grant and contract awards from the recipient side, you will understand the following statement: The biggest cost reductions opportunities are in reducing the complexity and variation of requirements on...
by Lea Strickland | Jul 31, 2014 | Start-up
I’m frequently accused of being a workaholic. In reality, I spend less time working now as an entrepreneur than I did in the days of working for Fortune 100 companies. Even better, I get to set my own schedule and decide what projects and priorities I have. Two...
by Lea Strickland | Jul 31, 2014 | Business Articles, Business Growth, Business Ownership, Leadership, Small Business, Start-up, Women In Business
When a business has two or more owners taking an active role in running the business (acting as employees), it is necessary to distinguish between decisions made as owners and those made when in the employee role. Significant conflicts can arise and contribute to...
by Lea Strickland | Jul 31, 2014 | Business Articles, Business Growth, Business Management, C.O.R.E. Business System, Capability, Commercialization, Credibility, Entrepreneur, Government Funding Compliance, Start-up, Viability, Visibility
To begin a discussion of commercialization, we must begin with a few definitions. First, for convenience, the term “product” will be all inclusive of the following: technology, software, protein, textile, device, system, component, etc. Second, “commercialization” is...
by Lea Strickland | Jul 31, 2014 | Business Articles, Business Growth, C.O.R.E. Business System, Capability, Commercialization, Entity, Small Business, Start-up, Viability
Commercialization always involves two components – the technology or product AND the business model. The road to commercialization, however, differs for each business due to many factors: Type or nature of the product/technology/service (the “product”) Experience of...
