Success Stories
ITECS has helped technology clients achieve success in leveraging federal, state and local governments for a broad range of technology in many markets.
ITECS has a track record of delivering rapid and significant results for corporate clients—often exceeding “the universe of possibilities” envisioned by senior executives. The ITECS case studies below demonstrate actual results delivered to clients in the government arena. The organization names and certain details are not included, to respect confidentiality.
Please click each link below to view a brief case study.
Case Studies
Success Story: $5 Billion Coating Company
Challenge:
A $5 billion coating company wants to leverage government funding, find partners to develop a completely new technology and explore opportunities with government procurement.
Results:
- Two projects are being funded
- One of the projects is being considered for several procurement opportunities
- Creation of a partnership is underway between the agency, a non-profit, a university and a healthcare clinic, to develop the new technology platform
Success Story: $4 Billion Materials Company
Challenge:
A $4 billion materials company wants to investigate low VOC resins to prepare for new environment regulations.
Results:
- Obtained $2.9 million for the client, allowing them to develop a low VOC resin
- Positioned the client on the forefront of their industry, to handle any changes in the regulations in their customer base.
Success Story: $20 Million Ceramic Company
Challenge:
The client is manufacturing material for the recreation market. They need to create a true manufacturing process to expand to larger markets.
Results:
- Secured $2 million for the State of Ohio for capital funds and free space in an incubator
- Developed a partnership that allowed them to expand their technologies to the transportation and aerospace markets
Success Story: $30 Billion Chemical Company
Challenge:
A $30 billion chemical company was interested in obtaining funding for a variety of technology platforms. They also wanted to establish procurement streams from federal, state and local municipalities and remove barriers for introducing new technology into the industrial market.
Results:
- Secured $15 million in R&D funding within 18 months of starting the initiative
- Obtained specifications for one of their products
- Making progress on introduction of the new technology into the industrial market
Success Story: $25 Billion Pharmaceutical and Diagnostic Company
Challenge:
An international $25 billion company was attempting to sell into government applications. They were ready to take a more proactive approach.
Results:
- Developed an implemented strategy to leverage government funding
- Identified several new applications based on the strategy, which are currently being developed
Success Story: Commercial University Technology
Challenge:
A university wants to commercialize technology with a partner and obtain government money to help them with the scale-up.
Results:
- Created partnerships with:
- A non-profit that specialized in process development
- Several for-profit companies
- Captured $5.5MM in federal and state funding, enabling the university to initially scale up for the aerospace market, while developing applications for the broader industrial market
Success Story: Non-Profit in Composite Technologies
Challenge:
A non-profit has established their mission to introduce new composite technology, resulting in jobs in the for-profit segment.
Results:
- Secured $15 million over a 3-year period in federal appropriations
- Obtained $9 million from state grants
- Helped to introduce composite technology into a wide variety of projects
