Partners
ValDeal’s partner institutions and professional partners are the followings:
Innovation, Creativity and Capital (IC2) Institute of University of Texas at Austin
The Institute was set up in 1989 and has served over 140 companies with incubation, technology transfer and company development services.
The project selection model of the IC2 Institute was one of the standards of ValDeal: in Austin and its region, IC2 Institute used a multistep selection method to find the projects having the highest market potential.
They have had significant results with the systematic development of the selected projects. Based on the universities’ and research institutes’ knowledge, the University’s innovative ideas and technologies were being unraveled and marketed. These newly formed startups realized 1,5 billion USD income, generated 720 million USD capital raise and created 3000 new working places.
The adaptation of IC2 Institute’s multistep evaluation method is the most important element of its cooperation with ValDeal.
INNO Group
Inno Group is one of Europe’s most important technology transfer companies having its headquarters in Karlsruhe. Inno Group is the strategic partner of ValDeal.
Inno Group is committed to build up strong university-industry links, to screen early stage projects and provide technology transfer services. The company focuses on scientific intellectual products’ commercialization of the university sphere, including projects related to EU research and development, financing, product development and all aspects of the innovation chain.
Inno Group is involved in strategic innovation developments in several regions. They elaborated and implemented more than 30 regional innovation strategies in Oxford, France, Sweden, Slovakia and Czech Republic amongst others.
ValDeal mostly cooperates with Inno Group in the project screening and evaluation processes.
Detroit TechTown – Wayne State University
TechTown is uniquely positioned to support the growth of various startup companies. It is the largest business incubator in Michigan State with over 10,000 m2 of state of the art laboratory and office space.
TechTown has various state and city grants, which can be applied to support and qualify technologies and companies. This support is provided through an experienced team of onsite advisers and mentors. Furthermore, TechTown has established close working relations with all other development agencies in the region including Automation Alley (automotive expertise) and the Michigan Small Business Development Corporation who have offices on the premises.
TechTown is also the home of three financial institutions and has relations with others. This includes Rodman and Renshaw, a full service merchant bank based in New York. Rodman and Renshaw have an agreement with TechTown under the terms of which they will take a 90 day option to take a first look at any life science technology that we plan to introduce to North America.
For ValDeal, TechTown represents one of the examples to be followed.
Central European Ventures
Central European Ventures is the joint venture founded by ValDeal, operating in TechTown, Detroit, incubation house of Wayne State University.
The objective of CEV is to take products from Proof-of-Concept to market for technologies originating from Central European countries. In essence, CEV facilitates entry of technology companies from Central Europe into the North American market by establishing their U.S. presence and provide a fast-track to commercialization in the U.S. market. These countries have a tradition of outstanding scientific research and an enormous talent pool of world renowned academic scientist with cutting edge competence in biosciences and engineering.
However, they lack management experience in starting up and running companies. They also lack experience in creating products and commercializing them in the U.S. market. CEV will commercialize products and technologies that have already been through a rigorous vetting process established by ValDeal.
CHIC Central Hungarian Innovation Centre NpC.
The Central Hungarian Innovation Centre NpC. (CHIC) prepares Hungarian inventors to develop products out of their ideas. CHIC organizes trainings and provides consultancy for the inventors to become entrepreneurs and business leaders of their companies.
CHIC provides non-profit service collaborating with the Hungarian State to enhance the development and competitiveness of the micro, small and medium sized enterprises.
CHIC has significant links with international actors – by gaining access to the best practice, the organization is able to spread its experience in the Hungarian national innovation system, too.
The organization is member of the Central Hungarian Regional Innovation Agency: plays an active role in creation and implementation of the innovation strategy in the Central Hungarian region. Besides that, CHIC hosts the Renewable Energy Competence Centre having the aim of enhancing, spreading and disseminating the methods of energy efficient and clean technologies.
CHIC is a partner of ValDeal in the development of early stage inventions.
Danubia Patent and Law Office
More than 50 years of experience professional history provides the basis of Danubia’s reliable services.
Danubia is a leading patent law firm in Hungary in all fields of protecting intellectual property, including prosecution, maintenance, litigation, enforcement, market and use search, valuation, licensing, counseling and providing tailor-made services on demand.
Danubia Patent and Law Office is partner of ValDeal in regards to intellectual property protection.
Central European University (CEU) Business School
Central European University is accredited both in the USA and Europe, having its headquarters in Budapest.
CEU students come from over 100 countries of five continents. Interdisciplinary, multicultural attitude, critical way of thinking and social responsibility are the main aspects of education in CEU.
CEU stresses both academic excellence and public policy relevance of its teaching and research, focusing on key issues of the 21st century ranging from climate change to democratic governance and from international security to deeper understanding of history and philosophy. CEU is globally recognized and highly valued opening unique career prospects for its graduates all over the world.
Central European University cooperates with ValDeal in domestic and international education programs (such as Leonardo program).
Bay Zoltan Foundation for Applied Research
Bay Zoltan Foundation for Applied Research is one of the biggest and most successful non-profit public research organizations in Hungary.
The Mission of the Foundation is to enhance the effectiveness and competitiveness of Hungarian companies via innovation and technology transfer. The mission is implemented in the following areas of research:
- material and laser technology
- nanotechnology
- biotechnology
- information and communication technology
- logistics and industrial production technologies.
Bay Zoltan Foundation acts as a bridging institute that has built up professional or business links with 200 companies in the last 2 years. The Foundation offers complex professional and engineering solutions to its partners to enhance their effectiveness and efficiency.
Bay Zoltan Foundation for Applied Research is cooperating with ValDeal both on project and on institutional level.
EBN BIC
The European Business Network (EBN) was founded in 1984 by the European Commission to pool the leading European industrial actors and the first Business Incubator Centers (BICs). BICs are organizations to support innovation and innovative enterprises by services, incubation and the facilitation of international commercialization of their products and services.
BICs help in the establishment of new enterprises and the acceleration of existing ones to foster economic development.
Today EBN is the strongest pan-European network with its more than 200 BIC and similar service provider members (incubators, innovation and entrepreneurial centers).
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