ITECS Innovative Consulting is a technical marketing company that can help your company secure government funding to grow your business with lower risk. We provide a solution to increase your market competitiveness by leveraging the government as a funding source and a customer. Whether you want to develop a new technology, expand the market for your existing technology or are looking for capital funding to upgrade your manufacturing plant, there have never been more opportunities to take advantage of government funding initiatives.   Let ITECS identify ways your company can capitalize on untapped federal and state government funding, like the Stimulus Bill or American Recovering & Reinvestment Act (ARRA), to extend research capabilities, increase revenue generation, and expedite new products to the marketplace. Give your company a competitive edge by tapping into our expertise in developing strategies to leverage the government including assistance with proposal and grant writing, as well as access to the right people at various government agencies to get your projects to the forefront of the decision process.

Why Tap Into Government Funding?

With an uncertain economy, creativity is necessary to uncover new, stable R&D growth opportunities to grow your business. Such an opportunity exists by tapping into the federal government. The federal government has introduced a range of policies and programs designed to increase the effectiveness of government R&D funds and enhance U.S. technology-based economic growth.  The most common are the Stimulus Package and the American Recovery & Reinvestment Act (ARRA), which can be used for both R&D projects as well as capital funds. These include: licensing of federal patents; cooperative R&D agreements; the advanced technology program; and the manufacturing extension partnership. These programs are important in stimulating technological innovation and improving U.S. competitiveness--especially when combined with incentives for capital formation and regulatory reforms. 

A significant portion of R&D revenue within the federal government was allocated to federal research and development. In 2009, $150B was allocated to federal research and development along with an additional $21.5B from the Recovery Act.  More than 60 percent of that revenue will be outsourced to non-governmental entities.  In addition, substantial capital funds will be allocated for demonstration projects, capacity expansion, and energy related programs. This may be the time for your company to expand your manufacturing capabilities, invest in energy efficient upgrades, or comply with industry specific green mandates. Don’t miss out on the opportunity to move your projects ahead.

The advantages of working with the government include extending your company’s research capabilities, enhancing your competitive edge by pursuing higher risk projects, capturing additional sales from the government and industry, and accelerating market penetration. 

How Does ITECS Help Clients?

To help firms capitalize on these government opportunities, ITECS works with clients to create a customized plan. We start by understanding your firm’s growth and technology objectives, developing a strategy to best achieve these objectives either by identifying funding sources or government market opportunities, and then forming the right team with experience and access to the appropriate government agencies to bring you and the government together to achieve your goals. There are government funding opportunities at both the state and federal level. ITECS can help you identify the right funding sources and improve your chances of obtaining the capital you need to grow your business.

Our results-oriented approach relies on our experience and relationships with 85 percent of congressional offices and 70 percent of the 257 agency laboratories. Leveraging these relationships, ITECS has captured more than $100M in government funding for clients and $500M in product sales.

We offer a variety of services ranging from service contracts to develop and implement a strategy to capture R&D and capital funds, to proposal writing and proposal writing management, to assessments providing access to government agencies and project advice for small companies that are trying to tap into government opportunities for the first time.

One meeting is all that is needed to determine whether there is a match between your growth objectives and the value that the ITECS network, expertise and resources can provide. For more information, contact us at 404-210-4140 or e-mail Brendan Ward at bward@itecs-innovative.com.