Transformative Technologies is an accelerated program for startups with disruptive technologies that display a potential for high growth, and significant market impact and often require investment capital. We will assist with multiple aspects of commercialization, helping introduce a new product and making it available on the market. These may include pricing, marketing, product development, strategic partnerships, capitalization, and more.
CLIENT SERVICES MAY INCLUDE THE FOLLOWING:
Commercialization
- Pricing
- Proforma and financial projections
- Business plans
- Connections to service providers such as legal, IP, financial, HR, marketing, market research
- Preparation of investor pitch decks
- Strategy and product development
- Strategic partnerships
- Executive management team build-out
- Formation of Advisory Board and Board of Directors
- Marketing and sales materials
- Sales and customer acquisition
- Go-to-market strategies
- Growth strategies
- Capital financing through debt and equity
- Grants & other non-dilutive funding
Access to Capital – Private or Strategic Investment
Michigan is home to over a dozen angel investment groups and many venture capital funds all interested in promising new technology companies. In addition, Michigan Economic Development Corporation (MEDC) provides public funding through several managed funds that invest in early-stage companies. Some foundations and investors provide impact investments into companies that engage in activities with a social impact component. Transformative Technologies collaborates with many of these organizations and can assist you to prepare your company materials to best position for success in raising capital. We also work with various national and international corporations with internal venture capital funds who often seek strategic investments in emerging tech companies.
Patrick Visser
Chief Commercial Officer
MINI CASE STUDIES
Orbion Space Technology
Located in Houghton, MI is a manufacturer of electric propulsion technology and space systems for small satellites. Orbion began working with MTEC SmartZone’s Transformative Technologies in 2016. The company had an idea to miniaturize large satellite propulsion systems to propel the large new market of small satellites. Transformative Technologies assisted Orbion with preparation of a business plan and contributed towards a successful first round raise of over $2.7M by leveraging contacts in the investment community including angel, seed and venture capital firms in Silicon Valley and Michigan.
Revex Technologies
Located in Houghton, MI is a a leader in sustainable processing and production of green nickel concentrate and other critical minerals essential for clean energy transition. By reclaiming and recycling various waste feedstocks including spent lithium-ion batteries, manufacturing scrap, and discarded mine tailings, Revex is poised to address the increasing demand for domestic supply of battery-quality nickel, lithium, and cobalt. Transformative Technologies assisted Revex with the following: strategic partnership (with Eagle Mine) discussions, non-dilutive funding including a $145M grant from the Department of Energy, securing seed round private investment, and introductions to key service providers including marketing (Monte), legal (Varnum Law) and grant writing (Yarina Consulting).
