CONSULTING SERVICES
IP Evaluation Services
IP Portfolio Services
Growth Services
VENTURE/LICENSING TEAMS
Venture Development Program
Finding Licensees Program
SBIR SERVICES
SBIR Services
Types of Projects/Teams
Sample Clients
How We Build Our Teams
We Build Business-Focused Venture Teams To Grow Your Company
MindForce Ventures is a practice of MindForce Consulting focused on creating new businesses and raising capital, or working with an existing company to generate revenues and grow the business.
We work with companies (and ideas) in their pre-seed stage or companies in their emerging growth stage.
Clients may include universities, corporations with IP "on the shelf", SBIR-funded companies, or individual inventors. The common denominator -- their interest in partnering with us and recognition that they need highly-incented outside expertise to grow their venture
and reach the next growth stage.
This, however, is not an easy task, especially as many of our clients, by the very nature of the purpose of a Venture Team, do not have the necessary cash flow to support new hiring, or sustainable marketing and business development efforts.
How Do We Form Our Team?
We facilitate new venture creation by recruiting top-tier business professionals (from our core consultant team and also from MBA GlobalNet's 18,000 members, and other talent resources as needed) into a Venture Team specific to a client's business needs.
(view our step by step process)
This team, usually a diverse group of cross-functional and industry professionals, posseses the subject matter expertise and industry experiences to
assess the viability of the business opportunity. For IP, this means the IP either 1) will disrupt a marketplace, i.e. creating explosive sales through a Newco, or 2) will be accepted by industry as an incremental improvement. For a nascent company, our Venture Team, in general, needs to see the
opportunity to strike strategic relationships, leverage current operations to quickly grow sales, or package the company to raise capital.
An opportunity not only has to have high upside potential, but also an actionable plan for a successful venture execution. On the other hand, the Venture Team will not shy away
from recommending against forming a new venture and/or business development effort, and instead will work with the client to find the most suitable licensee(s) if that's a more viable option.
We will also not hesitate to turn down the opportunity due to our SMEs learning more and sharing with us their concerns,
or there is a signigicant lack of interest from potential team members when assembling our team, especially after going through our initial steps in building our team.
The Deal Structure
MindForce and its Venture Team are compensated for their efforts through consulting fees, equity and revenue sharing, and/or an ongoing role in the new venture. Each deal is individually crafted.
Mindforce will work with the client to structure the most appropriate working relationship based on the client's financial capabilities, projected MindForce role, upside potential, and the most likely economic structure to be used as a baseline for a deal.
Optimally, we seek a mixture of consulting fees, revenue-share and equity, although it really depends on the opportunity and the team members involved.
For a Newco spinout from the client, MindForce and our client have the option to either 1) create a holding company, which MindForce and the client would mutually own, or 2) to license the IP directly from the client.