When it comes to planning an exit strategy most often it’s the best guess. Especially for startups where a solid exit strategy can make a difference in attracting investors. That’s where creating an exit based on a well-thought-out licensing strategy provides investors with the confidence they need to make the investment.
If you’re like most nonprofits, you face a big “business” challenge – funding. You rely on fundraising and the result is you spend a lot of time trying to find donors instead of fulfilling your social mission. But there is a better strategy to rely less on donations by creating income-generating activities. That strategy is licensing.
With licensing, there’s no need to struggle to grow your startup or business internally, trying to raise capital by selling more equity and taking on the costly overhead. Instead, you reach out to partners who in turn license your IP for different products and markets, enabling your company to grow with no limitations and unlimited income opportunities.
Medtech product development is expensive. But there is a way to use licensing to partner with a company to help develop and launch your med tech into the market. A startup with surgical technology did just that. They partnered with a larger company and gave them exclusive rights to their […]
Raising capital is often the difference between success and failure. Finding a traditional funding source is often challenging, especially if you’re a start-up. In many cases, this type of financing is often unavailable or too expensive. But there is another option.