Taking an idea or a product from initial concept to a profitable business is a complicated process fraught with pit-falls. The team at Ridgeway Technology Solutions can significantly reduce the risk of failure as we have many years of experience in:
- Spinning companies out of the parent. This is usually when the concept or product is sound and the commercial prospects are good, but it is not aligned with the parent’s main business or longer-term strategy. Often a spin-out can benefit the parent company longer term.
- Forming new start-ups and joint ventures. This is when two (or more) individual groups are required to progress the concept or product to a new business and the parents each contribute to the new company, either financially or via bespoke technology input
- Sourcing and bidding for venture capital investments. Entrepreneurs require seed funding to establish a new business and securing venture capital is often the best option. Our team has not only successfully written business plans that secured venture capital funding for new start-ups, but also brought in new venture capital funding for the expansion of an established business
- Technical and commercial due diligence. This is required to determine whether or not a new concept is likely to turn into a viable and profitable business. Our team has the necessary experience to undertake both technical and commercial due diligence duties, including IP searches and freedom to operate.
Ridgeway Technology Solutions can assist companies and individuals who wish to take the journey from concept to business success. We will be there to support and guide you around the numerous pit-falls on your path to profitability.