Taking an idea from a concept to market can appear a daunting task. That's why NEMIC built a tech readiness survey to evaluate ideas and check where they are in the developmental process.
The Technology Readiness Evaluation closely aligns a typical diligence process that a company would receive from an angel, a VC, or a strategic partner. We use the assessment to give feedback to a venture about where they are in development, their fundability, market scale, regulatory position, IP strength, and to highlight any gaps that exist. Once completed, professionals from the development, business, and clinical perspectives review the survey which provides a foundation for further conversations and advice.
For the entrepreneur, this is an essential tool for helping them prepare for conversations with funders.