How to Create a Strong Business Proposal for Approval in the US
Many people are unaware of the development of public-private alliances, and those that are do not always perceive the advantages of involvement in these consortia and projects. The advantages include awareness of significant and minor technological changes that will impact their companies; input into the research agenda of the consortium or cooperative so the results can be adopted by SMMs; tracking the trajectory of a new technology to know when to make an investment in it; and participating in R&D activities with possible consumers so improving the SMM's reputation as an innovative supplier to those customers. Using a process akin to that developed by RTI International55 as part of a series of projects with the Federal Laboratory Consortium would guarantee consistent engagement of a wide range of advanced manufacturing ecosystem players, understanding of the technologies and the accompanying industry value chains, identification and alignment with industry needs, and leveraging of Federal and regional programs and assets.Use Federal convening authority going forward to make sure all pertinent parties especially are fully involved during the formative phases of public-private consortia and cooperatives. businesses with fresh ideas access finance. Since the government does not take ownership of the SBIR and STTR programs, they are entrepreneur-friendly.The manufacturing industry has to be able to quickly adjust manufacturing capacities that make use of the fast progressing R&D developments.
Promote Manufacturing Intelligence Ecosystems
Comprising a rich tapestry of manufacturing companies of all kinds and sizes, each with a vital contribution to make, the manufacturing ecosystem is Apart from big manufacturers, start-up businesses and high-tech organizations can also be sources of disruptive innovations that result in fresh ideas, new products, new processes, and the expansion and building of new markets. If they choose to become manufacturers, if they prefer to outsource their production, or if they decide to scale from prototype to commercial practice, these businesses often find it difficult. State and federal government agencies can and should assist initiatives involving financing as well as guidance on "Making it in America." Based on their technology assets, services include technology-driven market intelligence can enable businesses find markets for goods and services. Public-private alliances use current regional assets, grasp and fit industry needs, and interact with the whole range of ecosystem stakeholders. Regions create cooperatives or consortia to either promote a given technology or stimulate local economic growth. Research consortia (precompetitive research initiatives formed to fill particular gaps in knowledge or technology development), economic development cluster initiatives (based on assets in a particular sector targeted on growing that sector based on retention and attraction), and collaboratives for advanced manufacturing innovation (focused on dissemination, adoption, and commercialization of advanced manufacturing technologies to drive innovation and economic growth). To dominate the world in sophisticated manufacturing, the United States requires a combination of these kind of consortia.
Manufacturing innovation ecosystems new business
Formation and expansion; and R&D trmanufacturing innovation ecosystems rank highest among program priorities for this purpose. Formerly, the Federal Government established R&D consortia around a technology or capability they sponsored and mostly directed, only to see the capability being reduced or eliminated after the Federal funding stopped. The consortia's lack of industry-oriented focus and consequent lack of vital sustaining financing by industry helped to explain this failure in great part. Without always providing the majority of the funds, the Federal Government—especially agencies supporting advanced system development like DoD and NASA—could not rely on a thriving supplier chain. Driven mostly by business and with an eye toward both commercial and defense manufacturing processes and products, public-private partnerships can help to mitigate the issue resulting from an ecosystem bound just to Federal financing. The double commercial-defense emphasis keeps the manufacturing innovation ecosystems alive and robust in the United States. By means of these public-private alliances, DoD can reap benefits without depending just on its own resources. These collaborations not only offer innovative technology solutions but also reduce cost since several entities share the first applied research. Extend the development and application of industrial cooperatives and consortia for both economic growth and technology. Establish other public-private alliances centered on technology vital to America's future competitiveness.Starting and growing a new business. Breakthrough inventions find their way to market far too slowly. In manufacturing, where private capital is limited, federal programs targeted at helping small businesses are especially vital. Programs called Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) help small
This goal is not specific to advanced manufacturing
It is a concern in all Federal Government-supported R&D projects. Preferring the long-term payback from tax revenues generated from sales of successful products, technology transfer is critically important and helps to enable the shift of technologies from the lab equity investment. Indigenous to many federal entities are SBIR and initiatives. Complementing SBIR/STTR, the NSF Innovation Corps (I-CorpsTM) Program offers intense market discovery training needed to advance novel discoveries into commercialization.58 Many other organizations have embraced the I-Corps concept by creating related initiatives targeted on supporting translational research, therefore enabling agency-supported research to be commercialized as goods or services benefiting the public. Funding mature technology ideas can help the DoD Rapid Innovation Fund move small business products into defense procurement programs.55 The Rapid Innovation Fund's objectives mirror DoD's emphasis on quick, responsive procurement and the involvement of small company innovative technologies addressing operational issues or meeting essential national security requirements. The Mentor-Protégé initiative is the only continually running Federal initiative that links smaller enterprises with more established companies.58 Give programs that offer essential assistance for the growth and founding of new businesses top priority, including entrepreneurial training and mentoring for scientists and engineers in transition.
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