The business plan is a strategic document that indicates
how a health technology startup intends to execute its company's business development functions, which include marketing,
management and finance, and accomplish long-term success. We work with our clients to produce a business plan that helps entrepreneurs
successfully implement their business development functions, resulting in gaining market share, generating consistent revenues
and reaching profitability.
Please contact Mr. Darrell Williams, at Darrell@Eighteenventures.com,
for a copy of a completed business plan prepared by Eighteen Ventures.
Business Innovation Research (SBIR) Phase I Proposal Development
National Institutes of Health (NIH) and the National Science Foundation (NSF) Small Business Innovation Research (SBIR) programs, we help health technology entrepreneurs use business strategy development
documents, which include market research analysis, business model and business plan, to prepare effective Phase I proposals
and win seed funding grants for the development of innovative medical devices or health technology solutions.
Physician Consulting Referral Network
To help our clients succeed in acquiring
a NIH or a NSF SBIR Phase I seed grant, Eighteen Ventures formed the Physician Consulting Referral Network. The Network includes
experienced, knowledgeable and skillful practicing physicians who are interested in working with entrepreneurs and startups
pursuing NIH or NSF SBIR seed funding grants.
This is how the network operates:
(1) Eighteen Ventures works with clients to identify their SBIR Phase I and Phase II project consulting needs. NOTE:
The SBIR program allows applicants to spend 30 % of their Phase I and Phase II project budgets to hire outside consultants.
(2) Eighteen Ventures forwards the clients a list of likely Physician candidates, from the Network, who could provide
expertise and augment the project research team.
(3) Once referrals are made to the client, Eighteen
Ventures notifies the potential consultants that their information was passed on to a client. We also include a summary of
the proposed project and technology development area. Finally, the clients and the physicians are responsible for establishing
a partnership arrangement.
To learn how Eighteen Ventures
is helping other health technology entrepreneurs, startups and small emerging technology firms succeed, please visit our Client Projects webpage.
To learn about Eighteen
Ventures' consulting services, please contact Mr. Darrell Williams today, at Darrell@Eighteenventures.com or (305) 322-2443.