Market Research: VTI will investigate the market opportunity for a new product or technology, helping evaluate potential adoption and earnings.

Business Plan: VTI will draft a business plan for a proposed technology, including both qualitative analysis and a comprehensive financial model, forecasting profit, loss, and valuation as functions of resources, operations, and market conditions. This package will be intended for distribution to investors.

Capitalization: VTI will identify potential investors and help present opportunities to them. Upon receipt of a term sheet, VTI will help negotiate investments.

Research & Development: VTI will help conduct original research into a proposed technology. It will identify opportunities for new development, and help realize those. Development efforts will include not only the creation of new art, but also testing, quality assurance, and design for manufacturability. Toward this end, VTI maintains R&D laboratories with a wide array of electronic test equipment. It employs computer-aided design (CAD) tools for schematic capture, printed circuit design, programmable logic design, and embedded system programming. VTI also maintains certification in the LabView suite of development tools.

Intellectual Property: VTI will help prepare patent applications and copyright registrations to protect an inventor’s art. It will assist in prosecuting both provisional and final patents through government offices in the United States and other jurisdictions.

Manufacturing: VTI will assist in production engineering, the creation of prototypes, and early- to medium-stage manufacture of electronic products. The company will also help recruit contract manufacturers with the skills and facilities to produce commercial quantities of new products.

Marketing: VTI will assist in the formulation of marketing strategies and the execution of these plans. It will help promote new technologies, acquire customers, cultivate and manage distribution channels, develop and disseminate marketing communications, and provide customer support.

Accounting & Finance: VTI will help compose policies for the recognition of revenues and expenses, and develop systems to capture financial data and generate statements of periodic results. VTI will also analyze these results with an eye toward business opportunities, challenges, and leverage points for improvement.

Liquidity Event: VTI will seek to help scientists and engineers realize the value of their inventions by licensing their intellectual property, issuing stock, or selling their businesses. Toward that end, VTI will identify potential licensees, acquirers, or financial professionals who may assist in initial public offerings. VTI will open communications with these individuals, and help present opportunities to them. Upon receipt of a term sheet, VTI will help negotiate transactions.

For VTI’s own account, we’ve conceived, developed, and commercialized the Embedded Corrosion Instrument – a structural monitor that is now distributed to nations comprising roughly half the world’s population. This system is used in structures ranging from highways in Singapore, to railroad tunnels in Australia, to bridges in the United States.

For GI Stimulation, Inc., a medical device firm, we helped develop the Multi-Channel Gastric Pacemaker, a neurostimulator for the digestive system. Medtronic – the world leader in cardiac pacing – recently paid hundreds of thousands of dollars in accelerated fees for a license to use this technology in therapeutic devices for obesity. VTI personnel played a crucial role in negotiating this transaction.

For Willis Optics, a developer of research devices, we helped design the Quantitative Light Standard, a suite of test products for microscopes and microplate readers. Willis Optics and VTI are now discussing a potential license of this technology to one or more of the preeminent firms in the microscopy industry.

In collaboration with the Virginia Transportation Research Council, VTI helped develop the Polecat Pro, a mobile robot for the inspection and servicing of highway lighting poles.

For Virginia Semiconductor, Inc., VTI helped develop and manufacture the Optical Micrometer for Micromachined Substrates, a device that evaluates the absolute and relative thickness of structures in micro electro mechanical systems (MEMS).