Frequently Asked Questions Q. How do you define "commercial success?" A. This can range from a licensing agreement with one licensee to an operating company with multiple products being sold through multiple channels to multiple customers, to the acquisition of the company. The short answer: "Success" equals obtaining the maximum utilization of the technology that the marketplace deems to be feasible.   Q. What is the typical extent of engagement with a client? A. This can vary widely. Six months is a minimum, and other engagements have extended for more than three years. We engage with clients on a "Project Basis". That is, a mutually agreed-upon set of deliverables that include some or all of the elements listed under "How We Build Successful Ventures" above.   Q. How much active involvement is required of scientists and other developers of the intellectual property? A. We expect very active ongoing time and effort contribution on all aspects of the perfection of the intellectual property. We also expect scientific principals to be readily available to discuss the technology with potential investors, strategic partners, and customers.. We prefer that scientific principals do not become actively involved in business operations, as such involvement inevitably detracts from their vital contributions on scientific issues.   Q. How difficult is it to raise capital to support company growth? A. Although the investment environment for young companies has begun to thaw out from the 2008-2009 "nuclear winter", it remains very challenging to raise seed, Series A, and Series B capital from institutional investors. MVA principals are accustomed to exploring multiple channels ranging from SBIR and local government grants and subsidies, to networks of high net worth individuals, angel groups and venture capital firms with which we have personal relationships, and strategic (corporate) investors.   Q. How do the MVA principals get compensated for their work? A. Each situation involves a combination of cash and equity participation opportunity for services provided. Because each situation is different, there is no set formula.   Q. What references do the MVA principals have to support their claims of competence and success? A. At the point where MVA and representatives of a potential client mutually agree that an engagement is desirable, MVA will present the potential client with the names of, and contact information for, a list of former clients, technology transfer officers, financing sources, and business and scientific contacts who have agreed to serve as references.   What We Do   About Us  How We Build Successful Ventures   The Momentum Principals Frequently Asked Questions    Home © 2001-2010, Momentum Venture Associates, LLC Tel: 401-331-4941, mentum.usa@verizon.net 50 Park Row West #819, Providence, RI 02903 Website designed by DAGNet Solutions, Inc 603-529-6697 Contact DAGNet Solutions for concerns about the site. Terms Of Use | Privacy Statement