The steps followed by SOVAR to bring a technology from the lab to the market are the following:
Step 1 Preliminary Analysis
This step generally consists of :
- Develop a preliminary assessment of the technology
- Discover the target markets and competition
- Identify the inventors and owners of the intellectual property
Step 2 Detailed Analysis
SOVAR's contribution consists of time, scientific expertise and investment for the protection of intellectual property
- Consolidate intellectual property
- Identify the market potential and more in-depth analysis of competition
- Position the technology in relation with the specific business applications
- Estimate the necessary time and resources (human, financial)
Step 3 Development of the Valorization
Plan
SOVAR's contribution consists of multidisciplinary expertise and covering valorization expenses
- Establish scientific, financial and time targets
- Identify resources and strategies to achieve them
Step 4 Accomplishment and Follow up on Valorization
SOVAR's contribution consists of multidisciplinary expertise and investment in research and development
- Technology follow-up: stand by and competitive technology, reaching milestones, follow-up of patents
- Management follow-up: budget and funding
- Accomplish the objectives created in the valorization plan (licensing, creation of spin-off companies, first round of financing)
Step 5 Post-valorization Follow ups
- Carry out a post-valorization process analysis
- Participate in different councils and committees
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