
|
Business Development |
|
Business Case Development · Evaluating the potential for the business to be profitable and the business risks · Financial modeling of the project - pre-feasibility scanning up-front and detailed assessment after development Technical Feasibility & Value · Defining the product - a commercialization venture or technology licensing · Defining the scope of the project · Creating value from intellectual property and its protection · Strategy for prototyping and demonstration Business Structure and Funding Strategy · Creating the organizational structure · Identifying the potential sources of funds and the plan to acquire them · Planning the uses of funds, the timing and identifying future funding requirements |