Seek ideas and assess their promise
At Innova we invest in start-up companies, help them grow, and then assist them in linking with established corporations for licensing, buy-outs or further investments. We provide the synergy of experienced management, market expertise and venture capital to accelerate the development of new products and services into viable business units that can stand on their own and then take their place with a mature market leader, if desired.
Through our network of associates at universities and businesses we are constantly searching for promising ideas and opportunities. Once selected for consideration, a business idea is run through a battery of assessment procedures depending on the current status of the product, service, or company. If necessary, issues concerning intellectual property and licensing are resolved. Thorough market research and other analytical tools are used to confirm proof of concept and identify the steps to success. Ultimately, a new or revitalized business plan is submitted for funding and, if accepted, the plan is carried out by a staff "hand-picked" by Innova.
Business Accelerator
Innova seeks to position itself as a business accelerator across a broad range of industries as defined by our Core Memphis Partners. Whether an innovation is still on the drawing board or stalled in the market place the Innova staff has the expertise, skills, and experience to envision and create a functioning business unit that is prepared to thrive in the market place. Technical know-how, market-proven staffing, and "just-right" funding assure the greatest chance possible for success.
Innova's assets for innovation:
- Proven Expertise. Innova's staff and partners are already leaders in their respective fields.
- Focused Planning. Innovation comes alive through thorough and expert planning. We identify the right steps forward and eliminate surprises.
- Skilled Execution. Our policy of market-proven staffing and rigorous oversight assure successful execution of the business plan.
- Good Company. The Memphis community, Our Core Memphis Businesses and capital partners assure diverse opportunity, a well-spring of expertise, and a world-class synergy.
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