
Our Approach
We build value by working with technology entrepreneurs to shape their vision, drive, and intellectual property into commercially viable, high-growth businesses that satisfy an identified need in a large market. We help our clients gain traction and accelerate their progress through early stage commercialization by providing hands-on coaching and entrée to an extensive network of resources and capital.
The Illinois Technology Development Alliance employs four key strategies:
- Focus on Breakthrough Technology
We uncover the region’s most promising technologies in advanced manufacturing, engineering, information technology, and life sciences.
- Emphasis on Consultative Evaluation
We apply the expertise of our Board of Directors as well as an extensive network of relationships with venture capital firms, angel investors, service providers, and industrial partners active in the relevant technology areas. The expertise of such "specialists" deepens the entrepreneur's insight into potential markets, the competitive landscape, and appropriate product development paths.
- Bridging the Early Stage Funding Gap
Access to capital is critical to early stage technology companies as venture capital funding can be scarce. We use education and outreach to inform and connect entrepreneurial businesses with angel and other sources of private equity as well as federal funding opportunities in preparation for private investment.
- Clients Clients Clients
Client sales and revenue are the true measure of our success. We pro-actively engage our clients in market development activities that include leveraging the contacts and relationships of our Board of Directors, local, state, and federal agency sponsors, service providers, and business associates to facilitate qualified business development introductions.
© 2006, Illinois Technology Development Alliance.
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