ABSTRACT
Let’s take another pause or waypoint. We started our journey with the understanding that investment uses a translation process to deliver innovation. Innovation, which manifests as either a product, a service, or both, is generally made up of multiple technologies. These technologies require investment and we detailed how research and development monies flow through our economy to deliver technology. More importantly to the start-up, we learned where to source technology and the various non-dilutive funding mechanisms that fund technology development. These non-dilutive funding mechanisms not only provide capital but also help validate the technology prior to receiving a formal patent. This validation is extremely useful in the pre-seed and seed stages of financing as it provides an independent third-party assessment that the intellectual property is important, unique, and has the probability of protection.
