Other Services
ITECS has the experienced team you need to help you implement your technology plan. Our expertise will insure that you successfully execute your government contracts and implement your technology in the marketplace.
We offer additional services to:
- Set up systems to execute government contracts
- Develop a commercial plan
- Capture economic development opportunitie
Set up Systems to Execute Government Contracts
ITECS is extremely successful in finding funding opportunities for our clients. Knowing how to execute the contract is another challenge. At ITECS, we are with you every step of the way. We can provide you with legal, accounting, and technical expertise to help you develop, secure and execute a successful contract every time. We can also work with your staff to set up the correct systems that can be used for future government contracts.
For example, ITECS helped a $5 billion coating company receive a $2 million R&D contract from the federal government. ITECS put together a team that included a lawyer and technology manager, who had experience with executing more than $250 million of government contracts. With their help, our client was able to navigate through the contracting office at the Air Force—along with maintaining the Intellectual properties necessary for sustainable profitability. Accounting systems were set up that would withstand any government audit.
Develop a Commercial Plan
Some of the government R&D funds can be used to develop a commercial plan. In some cases our clients cannot put the necessary marketing resources onto longer-term programs. ITECS can help. Our team has the proven track record it takes to:
- Introduce new technology to existing markets
- Extend existing technology to new markets
- Expand new technology to new markets
The results? Our clients through innovation grow beyond their core business into new products and markets—and achieve significant sustainable growth.
For example, ITECS helped a client receive an R&D contract for $1.6 million for nanotechnology. ITECS put together a team with manufacturing and marketing experience to develop a commercial plan. We will use this plan to secure funds for the client to scale the nanotechnology to the pilot stage.
Capture Economic Development Opportunities
ITECS can help companies capture local, state and federal incentives to build pilot and production facilities. This includes capital, tax incentives, infrastructure, reduced utility bills, and training funds.
For example, a $1.2 billion materials company wanted to leverage new technology to build a plant. After identifying several sites in three different states, ITECS negotiated over $1 million in economic development benefits—which included tax incentives, a railroad spur, and an access road.