The University of Florida has teamed up with G4i Consulting to provide government business development services to its technology incubator companies, bringing a potential for millions of dollars in new government contracts to these companies.
(PRWEB) November 12, 2009 -- G4i Consulting has signed a Memorandum of Understanding with the University of Florida to provide its government business development services to UF-affiliated technology companies. The Memorandum of Understanding has the potential to bring several hundred millions of dollars in new government contracts to UF’s incubator companies, as well as increase licensing revenues for the University.
The goal is to establish a fund that will accelerate the commercialization of UF’s new technologies by introducing them directly to government clients and to Fortune 500 companies operating in the government contracting space.
Plans call for the fund to initially support the creation of a dedicated business development “Gator Team” for five to seven portfolio companies. Drawing on G4i’s custom CRM system, E PROMIS™, and its proprietary business intelligence, each Gator Team will work with G4i to focus the company’s strategy, business and marketing plans to develop a capture and proposal approach aimed to win multi-million dollar contracts over a two-year period.
“As focused as we are on driving licensing, we’re also seeking out relationships that will set our start-ups on a path for success. UF’s affiliation with G4i introd
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