Technology
ITAC can assist technology companies with high growth potential by helping them to grow, launch innovative products, and attract clients or capital. We offer a free initial assessment where specialists will review an executive summary of your business plan at no cost, walk you through an initial assessment and provide you with a roadmap to success.
Programs & Services Offered
- SBIR Coaching (help in obtaining government grants)
- Kauffman FastTrac Program (business boot-camp)
- SATOP (engineering expertise — to improve and test your product)
- JumpStart (assistance in R & D of new materials)
ITAC was also recognized by the Space Alliance Technology Outreach Program (SATOP) as the leading source of referrals for its engineering services in New York City.
In 2006, ITAC launched TechNYC, an initiative to identify local businesses engaged in product innovation and research and development. Random surveys were conducted to determine the opportunities and challenges faced by these firms. Additionally, ITAC analyzed employment and other data to determine the economic impact of technology firms in the region. The resulting report, “Buried Treasure: New York City's Hidden Technology Sector”, highlights the complexity and strength of the tech industry in the city.
Free Initial Assessment
Accelerator specialists will review the executive summary of your business plan at no cost, and walk you through an initial assessment with next steps to success.
Growth & Accelerator Services
- Business plan strategy
- Executive mentoring
- Financial modeling
- Funding round preparation
- HR assistance
- New product development consulting
- Sales and marketing coaching
- Small team project management
- Technology validation
- University-industry partnerships
SBIR Coaching
ITAC is one of three organizations in New York State funded to help companies to compete aggressively to win federal Small Business Innovation Research (SBIR) research dollars. The ITAC Accelerator coaches qualified companies in SBIR/STTR partnerships, strategy, proposal creation, application budget structure, and Phase 1 project management to encourage further awards.
Kauffman FastTrac Program
ITAC has served as the Marion Ewing Kauffman Foundation’s certified provider of FastTrac entrepreneurship training in NYC for 8 years. Graduates of ITAC’s 12-week program have shown tremendous business impact. FastTrac currently runs twice yearly, and class spaces are awarded competitively to leaders in high-potential firms.
To date, over 300 companies have attended FastTrac raising in excess of $90 million in venture capital funding.
SATOP
ITAC draws on the expertise of NASA scientists through the Space Alliance Technology Outreach Program (SATOP), a free service designed to speed the transfer of space technology to the private sector. SATOP helps companies to break through technology barriers preventing their success.
JumpStart
The JumpStart program of the Cornell Center for Materials Research (CCMR) helps small New York businesses to develop ongoing collaborations with university research centers. JumpStart companies can be awarded a one-semester university-industry project and up to $5,000 in matching state funds.
To Learn More:
ITAC is funded by:
Clients Report:
- Increased sales
- Increased profits
- Improved cash flow
- Focused approach to growth
- Strengthened control of business
- Improved managerial infrastructure
- New financing
- Improved utilization of space
“ITAC gelled all I needed in every aspect of my firm — legal, financial and organizational — and paired me up with the resources I needed to make it happen.”John Haller, Founder
PortableApps.com
Download Buried Treasure: NYC’s Hidden Technology Sector
“The FastTrac speakers were excellent — able to break down the components of a successful business into easy-to-understand pieces.”Lucien Harriot, President
Mechanism Digital
