Innovation Emporium Inc. can respond to many needs driven by the emerging research mission of small and medium sized institutions, including advancing and electronically automating research and technology development efforts as well as participating in local and regional economic development. From pre-award grant administration processes and regulatory compliance to faculty culture-change and building a corporate services environment to promote contract revenue streams, Innovation Emporium can provide critical knowledge and service. Also, Innovation Emporium is uniquely qualified by experience to explore the value of multi-institutional initiatives that can reduce cost and mitigate the risk of entering or expanding an institutional footprint in revenue-bearing activities of technology and knowledge transfer. From strategic planning to fund searching and industry collaboration building, Innovation Emporium Inc. has experience and expertise.

Innovation Emporium Inc. builds bridges for Nonprofit organizations seeking collaborations and partnerships with other entities—higher education, business, and other nonprofit organizations—to raise funding levels and to achieve strategic objectives. Innovation Emporium Inc. can work with clients to design and implement client service systems to achieve outreach goals related to fundraising and volunteer recruiting. Most uniquely, Innovation Emporium has experience in managing innovation and change in nonprofit cultures with scopes ranging from automating processes for increased efficiency to transformational leaps toward organizational visions.

Innovation Emporium Inc. specializes in connecting business, industry and entrepreneurs to university resources. With expertise and knowledge spanning university, industry and entrepreneurial worlds, Innovation Emporium identifies, cultivates and manages profitable relationships with university assets. Innovation Emporium Inc. assists clients seeking funds and partners for focused product development goals and mission objectives—SBIR, STTR and government agency grants for private-sector participants—as well as clients seeking contracts for specific university-based assets.

Innovation Emporium Inc. works with clients to develop specialized knowledge management services and networks of professionals with the goal of propagating paradigmatic practices based on outcome assessment. Existing services focus on evidence based practice for Physical Therapy. Innovation Emporium Inc. typically offers services in conjunction with adoption of kmLOGIC™ software systems. The development and implementation experience in multiple professional communities allows Innovation Emporium Inc. to efficiently generate comparable outcomes for professionals in many disciplines at much lower cost. Innovation Emporium Inc. consultation services for data management associated with financial software and scientific data analysis and information extraction also is available.

Enterprises often may not know what they know or they may know what they know, but can not effectively communicate that knowledge to others. The solution may involve more effective data collection, more sophisticated techniques for translating data into knowledge, or exploration of alternative methods for knowledge distribution. The consequences of a solution could be incremental improvement or transformational change, but always should be goal directed. Innovation Emporium Inc. can serve clients in a variety of sectors who are interested in more advanced knowledge management and dissemination systems and practices. This typically would occur in the context of adopting an Innovation Emporium Technology or Solution, but stand-alone consultation is available.

The activation of a research and development function or the maturation of an emerging research and development operation faces very substantial hurdles, particularly at small and medium sized academic institutions. The administrative costs, for example, associated with federal and state regulatory compliance are difficult to justify against short-term limited revenue. Services and technologies for administration were developed for institutions with deep pockets and a well established R&D culture at both the faculty and administrative levels. Even the cost associated with integrating research administration into institutional legacy systems can not be supported. Innovation Emporium Inc. understands and specializes in serving and providing technologies to emerging research institutions.

Academic participation in the innovation economy by licensing and spinning-out technologies is increasingly alluring; but, because deal-flow rates are low, the cost of technology transfer is prohibitive to a small or medium sized institution with an emerging research enterprise. Yet, these institutions recognize that they are missing the revenue potential of their assets and are not fully serving their industry and business stakeholders. It also is becoming increasingly clear that failure to participate in these activities impinges on recruiting and retaining faculty in critical science, technology, engineering and mathematics disciplines. Innovation Emporium Inc. finds ways to reduce the cost and risk.

Building partnerships across sectors can be an effective strategy for change or expansion; taking knowledge and technologies to new markets often yields innovation and growth. To be effective, however, these strategies demand careful identification and evaluation of potential targets. From market research, analysis and planning, to developing and implementing strategies for enhanced visibility in new sectors, Innovation Emporium, in collaboration with a network of partners, can provide the elements needed for success.

Innovation Emporium Inc. can assist with outcome evaluation of broader impacts for federal funding agencies.