Illustrative Tech Commercialization Projects
Technology Commercialization for DOE and SBIR/STTR
TIV continues to serve an active advisory role in assisting companies in bringing their novel technologies to market through the Department of Energy SBIR/STTR Phase I program. In Phase I, award winners explore the feasibility of their innovative concepts with up to $100,000 for up to 9 months. Phase I award winners may compete for Phase II funding, with awards of up to $750,000 over two years towards R&D.​
For example, through the aptly called “Phase 0” program, TIV has guided DOE applicants through the entire process: drafting the original letter of intent to assisting with proposal writing, budget development, commercialization planning, market analysis, and project organization. TIV has proudly assisted dozens of companies in the Phase 0 program with exciting innovations ranging from renewable energy breakthroughs to data management solutions implementing the latest scientific advances.
​TIV consultants have also served as Principal Advisors (PA) to a selective group of innovators from the Small Business Innovation Research programs. PAs were tasked to help identify, cultivate, and develop nascent companies into successful, profitable enterprises. The initiative was downstream of a larger effort by the US Department of Energy Commercialization Assistance Program (DOE CAP).
Puerto Rico Science and Technology and Research Trust (PRST)
TIV has a longstanding history of providing advisory services to the Puerto Rico Science and Technology and Research Trust (PRST), a private non-profit organization created in 2004 to encourage and promote innovation, transfer, and commercialization of technology and the creation of jobs in the technology sector, based in San Juan, Puerto Rico.
TIV has supported PRST in multiple endeavors. However, two particular highlights include mitigating the “brain drain” of Puerto Rican high school students by developing a STEM-based pipeline that links Universities to domestic manufacturing and pharmacology companies. The second endeavor of note includes providing insights into potential innovations and policy frameworks to cultivate “coastal resilience.”
Georgia Innovation and Technology Agency (GITA)
Due to TIV’s expertise in Intellectual Property and Policy, TIV’s experts supported the Georgia Innovation and Technology Agency (GITA) in monetizing their Intellectual Property (IP). The agency, created through the World Bank’s GENIE program, is the Republic of Georgia's leading innovation and technology commercialization entity. Using avant-garde techniques of IP valuation, including Monte Carlo simulation and Bayesian forecasting, TIV provided GITA with a dynamic model which could be broadly used to estimate the potential of IP instruments toward eventual commercialization. The IP valuation exercise was conducted under the auspices of the Technology Transfer Pilot Program (TTPP) financed by the European Commission.
2024 SBA GAFC Awardee
In May of 2024, the U.S. Small Business Administration (SBA) announced Tambourine Innovation Ventures as a Stage One winner for the 2024 Growth Accelerator Fund Competition (GAFC).
TIV has received a $50,000 cash prize for its impactful and inclusive approach to nurturing a collaborative national innovation ecosystem to advance small business research and development (R&D) from ideas to the market. By fostering connections between entrepreneurs, mentors, partners, philanthropies, corporations, investors, and other shared resources, GAFC 2024 catalyzes strategic ecosystem partnerships to build community and organizational capacity for the successful launch, growth, and scale of STEM (Science, Technology, Engineering, and Mathematics)-based entrepreneurs.
SBIR Grant Assistance for a Leading Technology Solutions Provider
Tambourine Innovation Ventures (TIV) partnered with a distinguished technology solutions provider dedicated to pioneering solutions that drive positive societal impact, particularly in the healthcare sector. Our collaboration focused on addressing health disparities by enhancing the firm's capabilities in securing and managing an NIH SBIR grant, an area where they previously lacked expertise. As the healthcare industry stands on the brink of a digital transformation, the integration of social determinants of health (SDoH) data is crucial for advancing health equity. The client aimed to develop an interoperable and scalable data management system capable of effectively collecting, sharing, and analyzing healthcare data. This system was designed to support the transition to value-based care and comply with stringent HIPAA regulations, addressing the challenge of integrating diverse health data modalities.
