A lot of people have good ideas. However, turning a good idea into a viable business takes drive, appropriate resources and skill. Our first incubation was a start up in which one person wanted to supply pharmaceutical companies with high throughput screening systems. We obtained some business angel funding and used our systems and infrastructure to support this plan. The company was very successful and was sold five years later in a most satisfactory exit.
We are good at getting new businesses off the ground. Once they are up and running under their own steam, they can run independently with their own management and we are happy to continue supplying as much or as little support as the new business’s management team requires.