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The services that EconoVention R.E.D. will initially provide follow the services outlined by IEDC as an integral part of technology-led economic development.
Regional technology-led economic development strategies
These strategies focus on regional economic development while using advanced technological methods and tools.
Forming strategic alliances and technology clusters
Strategic alliances and technology clusters reinforce performance through formal and informal relationships in areas of technology-led economic development.
Building partnerships with higher education and technology councils
Our partnerships with technology and higher education councils will help them develop improved teaching programs based on recent technology.
Understanding technology transfer and commercialization
This service allows us to provide advanced technology-led economic development to midsized cities.
Reviewing patent, copyright, trademark, and licensing terms
This will help us ensure that all our work is done legally and in compliance with laws and regulations.
Developing incubators, accelerators, and research parks
This helps us combine theory and evidence on accelerator, incubator, and research park programs.
Developing multiple financing mechanisms for technology businesses
Technology businesses need to have several financing mechanisms in place to help them function properly.
Debt vs. equity financing options for entrepreneurs and small businesses
We offer trusted debt vs. equity financing options for small businesses and entrepreneurs.
Rural technology-led economic development strategies
Our main service includes developing rural technology-led economic development strategies.
As a not-for-profit company, EconoVention R.E.D. looks to generate revenue for value delivered. This revenue will come from strategy services, advisory services, consulting services, referral fees, finder's fees, completion fees, etc. But our basic premise and goal will always be to ensure that we are providing value for the fees that we charge. We may also go after grants ourselves or partner with other not-for-profits to take advantage of the many Federal, State, and local grants available in support of technology-led economic development.
Reach out to our experts to learn more about our various technology-led economic development services.