Foresight Science & Technology’s Director of Consulting & Training, Dr. Konstantin Izvolsky, will be a panelist at the upcoming Medical Development Group of Boston (MDG) Event “Startup Funding for Medical and Healthcare Innovations”. It is being held on October 12, 2023 from 5-7:30pm in a hybrid format, in Lincoln, MA and via Zoom. Attendees will learn about the fundraising process, including what funders and investors look for and how to prepare for your initial pitch as well as learn key considerations for raising funds for their startup. More info can be found here.
News
New TABA Service Available from Foresight
Foresight Science & Technology (Foresight), in collaboration with their consulting partners, has developed a dynamic matchmaking service to rapidly scale SBIR/STTR companies’ research and commercialization. To help alleviate time, funding, and resources that SBIR companies may not have, Foresight can be the bridge between SBIR companies and federal laboratories. Under the SBIR Technical and Business Assistance (TABA) program, SBIR companies can work with Foresight as a vendor to accomplish their commercialization objectives. With this TABA service Foresight will provide guidance to the company along the way, identifying resources and facilities, and assisting with any agreements that may be necessary to collaborate with the laboratory. This service is designed to rapidly scale SBIR research and commercialization by tapping into the vast range of resources available within federal research enterprises.
Why choose Foresight?
Foresight has a long history of both SBIR commercialization success and federal technology transfer partnerships. Existing relationships with numerous federal laboratories allow Foresight consultants to quickly identify the right partner for their SBIR clients and can effectively build new networks between the private sector and federal government that have been previously overlooked.
Foresight is seeking SBIR companies with unmet research needs that would like to take advantage of this new, exciting service. We are eager to help you rapidly scale your research and commercialization needs!
Contact Us to inquire about this service and/or other TABA services.
TechConnect World & SBIR/STTR Innovation Conference 2023
Foresight Science & Technology exhibited at the SBIR/STTR Spring Innovation Conference co-located with the 2023 TechConnect World Innovation Conference in Washington, DC on June 19-20, 2023.
Couldn’t make it to the event but are preparing an SBIR proposal that allows for SBIR/STTR Technical and Business Assistance (TABA) funds? Contact Us for a letter of commitment/quote to include in your proposal.
We hope to speak with you soon!
ChatGPT is an Ally in Commercialization Efforts
Posted May 12, 2023 By: Reda El Alami
On May 11th Foresight attended the AUTM webinar “Generative AI has arrived : Essential Knowledge for TTOs”. The presenters were Dray McFarlane and Thomas Altman, CEOs from the company Tasio. The presenters provided history on AI, and how AI is constantly evolving. AI can be used in a variety of ways: audio to text, image manipulation, and the main focus of this webinar was ‘writing support’. The focus of this presentation was how to get the most out of AI for TTO’s. Specifically, the following 5 ideas that AI can: understand, create, refine, summarize, and translate. The presenters stated they use ChatGPT, created by OpenAI, and how it can act as an “intern” for you. Grant creation was a major focus in the webinar, and how you can create, critique, and regenerate grants. How you can import examples of successful grants so that the chatbot can use that when creating future grants, it can even use your writing style when creating projects, if you submit examples.
The presenters also mentioned that you can utilize the tool for technology scouting and matching. It can identify emerging technologies for commercialization opportunities, analyze patents and market data, and match technologies to industry needs for collaboration. This is not a fully operational tool, it should be fully operational by the end of 2023. If you have a list of patents, market data, or research papers, GPT can run these on a loop in the background and go through every patent that might be relevant, it can filter keywords, and can score the patents based on how you score them, it can help you commercialize patents. This is possible now, it’s again, not 100% ready, but it’s something to start utilizing. The main takeaway from this webinar was to start using ChatGPT in your workday. It’s an extremely useful tool to help make you more efficient and make daunting tasks more streamlined.
Grant writing is less about the writing than the research
Posted April 27, 2023 By: Reda El Alami
On April 13th, Foresight Science & Technology attended an AUTM Live webinar called TTOs Can be PIs Too: Competitive Grant Application and Management. It was led by Dr. Eva Garland, Dr. Dana Upton, Jennifer Webster, and Ian McClure. This webinar focused on Federal Grant Opportunities, specifically how to prepare grant proposals to get the results you want. The speakers highlighted how to identify a notice of funding opportunity (NOFO), how to collaborate with program officers and project administration offices, as well as how important it was to get supporting documentation to make sure you understand the specific concepts to the grant you are competing for. The speakers have extensive backgrounds in grant applications and funding, and provided great insight on how important it is to forge relationships with the people directly involved in these grants, the funders and people involved in the program. Grant writing is shifting, and it’s important to investigate in more detail, and utilize the resources that are available and listed when reviewing these grants. One can’t simply rely on a generic template to submit bids, in order to win these grants, more time and energy needs to be focused on collaboration to not only win bids, but to gain rapport to help with future bids.
ASTP Annual Conference 2023
Foresight Science & Technology sponsored and presented at the 2023 ASTP Annual Conference on May 24th-26th in Tallinn, Estonia. Foresight’s Founder, Dr. Leah Speser, lead the Session “Expanding Foresight Services” which provided an overview of Foresight’s services and two new and exciting initiatives! The first initiative being product development training for spin-out entrepreneurs and the second initiative focusing on how we in-license technologies, highlighting areas of interest for new technologies.
If you couldn’t make it to the conference but would like to chat, please contact alyssa@ForesightST.com.
Foresight Partners with WIPO to Deliver NPD Toolkits to Innovators
Foresight Science & Technology is excited to announce the development of a new product development toolkit on behalf of WIPO. With the collaboration of Dr. Phyllis Leah Speser, Dr. Arendt Oak Speser and Lambda Films Ltd, we were able to produce educational content that walks researchers, inventors, and entrepreneurs as well as Technology and Innovation Support Centers (TISCs) through the process of new product development in the public domain.
Entrepreneurs, inventors, and researchers can get guidance at every step of the way, from kicking things off with a project charter all the way to figuring out the net present value of their technology/invention and everything in-between. The content of this toolkit has been thoughtfully crafted and piloted in various markets in order to finetune the material and deliver a comprehensive toolkit for WIPO to share.
See what we have been working on and enjoy learning about new product development on the WIPO TISC page.
Exhibit at FLC National Meeting
Foresight Science & Technology exhibited at the 2023 FLC National Meeting March 28-30 at the Hilton Cleveland Downtown in Cleveland, Ohio. If you didn’t get a chance to stop by our exhibit, contact us to learn more about our market assessment reports, including the original Go/NoGo® Report!
Exhibit at AUTM 2023
Foresight Science & Technology exhibited at the 2023 AUTM Annual Meeting February 19-21, 2023 in Austin, TX. If you didn’t get to stop by our booth to learn more about our market assessment reports, including the original Go/NoGo® Report, you can always contact us!
Team Compositions Unpacked and Clarified
Posted November 14, 2022 By: Reda El Alami
On Oct. 27, 2022 – Foresight attended the PDMA webinar ‘Scatterbrains: Teams find innovation by thinking differently’ by Richard Perez. The webinar consisted of examples and graphs of the make-up of teams at fortune 100 companies and how well they work together. Mr. Perez unpacked and analyzed each member of these teams and categorized them based on defined characteristics and then went on to explain how these categories interact. This information shed some light on individual traits that we don’t always think of when working in team settings. The presentation went on about how to work with members from these categories in order to create synergy and maintain a thriving team model. Overall the webinar was enlightening and interactive as it allowed for members of the webinar to participate in polls and understand where we land within certain team models.