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1. Develop business plan
• Provide market overview
• Outline management plans
• Outline potential selling method
• Define manufacturing processes
• Provide financial forecasts



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2. Solicit potential technology suppliers
• Provide license (exclusive or
  application specific)
• Receive royalties and/or
  equity position



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3. Recruit demonstration sponsors &
   joint venture (JV) partners
   -Center industrial parter
   • Provide dollars and/or in-kind support
   • receive use license and/or equity position
   -Government Agencies
   • Provide grants and/or loans
   • Receive use license
   -Venture capitalist
   • Provide dollars
   • Receive equity position
   
   

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4. The JV funds the demonstration
5. Based on the Demonstration results, the JV selects the technology to commercialize
6. The JV secures funding to manufacture & market the technology, and/or
7. Licenses the technology to other companies

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