A Team with a Promising New Technology Secures $6.5 Million in U.S. Federal Funding

CLIENT’S CHALLENGE 

Anyone who studies how game-changing technologies achieve financial backing from the U.S. government at the federal and state levels knows that the path to funding can be rocky. That’s especially true when the entrepreneur is an outsider – brilliant in innovating ‘outside of the box’ but without the experience, insight and access to get their technology in front of two sets of U.S. agency stakeholders: (1) those whose agency missions will most benefit from the technology, and (2) others with the power to seek and secure the funding.

This privately held investment group tapped Strategia for assistance in securing funding for a unique, energy-related technology with highly specialized applications in the military and defense sector.

THE STRATEGIA SOLUTION 

Over 18 months, the Strategia team researched and developed several potential paths to federal funding. Among many concurrent and overlapping tactical workstreams, two in particular paid off spectacularly. One was a series of meetings with a U.S. Senator and key members of his office with the authority, influence and motivation to help secure funding for this technology and influence key decision-makers in two service branches of the United States Armed Forces: the Navy and the Army. The second and crucial event was securing an extremely high-profile opportunity to present the technology and its benefits for various military domains at the United Nations Trade Form in the Bahamas in September 2019.

IMPACTS + OUTCOMES 

Strategia’s research, advocacy and facilitation helped this investment team secure $6.5 million in funding. This represented a critical make-or-break outcome and project development milestone that immediately ushered the client’s team into the next phase of bringing this technology to market and rewarding its investors with an outsized return on their investment.