Once the products are launched, LGE Execs provides assistance with interim or permanent executives to help manage all aspects of commercialization and business management including staffing, product development, manufacturing, marketing, distribution and fund raising. LGE Execs is currently working with dozens of universities in the U.S. and the U.K to bring their ideas to market.
"LGE Execs has worked with Texas Tech for several months to evaluate the technologies with the greatest market potential and the ability to positively impact the medical and agricultural communities," said Newt Hamlin, a Managing Partner at LGE Execs. "It is our job now to make successful businesses of these brilliant advancements."
As part of its efforts to commercialize the Texas Tech innovations, LGE Execs has begun negotiations for initial funding, mapped out a commercialization strategy and created an executive team to bring these technologies to market once funding has closed. LGE Execs and TTUS plan to include the original inventors in the development of technologies and, whenever possible, have the new companies located in West Texas. This will help grow the regional and local economies and provide fuel for further innovations.
About LGE Execs:
LGE Execs is a group of over 90 seasoned business leaders with executive success running, founding, selling and buying companies or driving divisions and functions for global corporations. LGE Execs works with start-ups, enterprises and universities to assess opportunities or problems, develop strategies and then execute tactics to bring tangible success. LGE Execs is headquartered in Austin, TX, with personnel across the U.S., Europe and Asia. For more information about LGE Execs and the Technology Transfer program, go to www.lgeexecs.com.
About TTUS and the Office of
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