IPCORRIDOR’s Business Model
IPCORRIDOR’s business model employs a “three phase” system:
Phase I: IPCORRIDOR seeks contracts, grants and capital funding from private investors, venture capitalists (VCs), and federal agencies to develop IPCORRIDOR and Business Associates’ intellectual properties, products, and business strategies.
Phase II: IPCORRIDOR utilizes its ample business, management, and R&D expertise to develop IP and prototypes into marketable products, drawing upon a network of professionals and scientist around the world for the development, testing, and marketing of products.
Phase III: IPCORRIDOR draws upon a network of business professionals, doctors, and hospitals around the world for the introduction, testing, and marketing of products.
Interested companies, independent inventors, and scientist can request IPCORRIDOR’s services at any phase. In return for its services (i.e., raising capital, developing, and/or marketing of product),
IPCORRIDOR receives an agreed upon royalty and/or a percentage equity interest in either the product-line or the company.
Model for Commercializing IPCORRIDOR Technology
IPCORRIDOR plans to finance and commercialize technologies spawned from IPCORRIDOR's IP and know-how, and also to structure spinoffs of individual technologies into corporate or limited liability company joint ventures between IPCORRIDOR and funding sources for its development and commercialization.
In the join ventures/spinoffs IPCORRIDOR will receive an agreed upon percentage equity interest in the new companies, and anticipates that the joint ventures will be brought public to raise the additional funds necessary to market and sell products developed for these ventures.