Client Assistance Program
As each LBTC client company is unique, our program is tailored to meet the needs of our individual clients. Please contact a member of LBTC staff for assistance with any needs you have. LBTC advises early-stage, high-risk companies and provides the necessary assistance to make their innovative or technology-based ventures succeed.
Areas of assistance include, but are not limited to the following:
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Upon acceptance to the Incubator program, a Mentoring Team may be assembled for a client company. Team members will be drawn from the Incubator staff, members of the Incubator Advisory Board, representatives of partner organizations and other professional organizations in the community.
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The responsibility of the Mentoring Team will be to meet regularly with the company to review business development progress and advise on strategies and tactics to achieve business development goals. Referrals will be made to relevant professional advisors and other sources of business and technical assistance. Regular feedback will be provided by the Team to Incubator management regarding the company’s progress and needs.
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The LBTC supports an Entrepreneur in Residence program (EiR). Individuals selected to serve as an EiR offer expertise and advice based on their years of experience in technology and business. Each EiR is available by appointment on an ongoing basis. EiRs may be included as members of mentoring teams.
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Assistance with budgeting, tax and reporting issues can be provided by appropriate Incubator recommended organizations.
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Capital needs, possible sources for obtaining capital, timeframe, structure of deals, and alternatives will be discussed by the company, Incubator management, the Mentoring Team and other advisors. These issues may call for strategy brainstorming sessions to be carried out with appropriate advisors.
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Initial press releases and a limited number of additional releases will be sent out for special events/specific articles as determined by the LBTC. If additional PR support is needed, referrals will be given to Incubator approved/affiliated organizations. Assistance is available for selection of agencies.
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Assistance in marketing/public relations strategy development
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Assistance (in limited scope) is available for writing and editing of: press releases, Web site content, collateral content, biographies, corporate backgrounders/fact sheets, editorial features, white papers, bylines, case studies and award/speaker abstracts
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Creation and development of Web sites, brochures and other collateral material is available in limited scope. If additional support (graphic design, printing, hosting, etc.) is needed, referrals will be given to Incubator approved/affiliated organizations. Assistance is available for selection of agencies.
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Clients are encouraged to promote their participation in the Incubation Program. However, the use of the Incubator name and/or logo in any public release requires prior approval by the Incubator marketing staff.
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Incubator management, the Mentoring Team and other business service providers will review intellectual property strategy. If it is not in place or needs attention, advisors will provide direction to client companies in this area and help to identify resources and/or professional assistance
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Potential sources of assistance for development for prototypes or proof of concept can be provided
- LBTC advisors will assist clients in developing sales strategies and understanding the sales process.
- The Incubator offers an ongoing series of seminars and workshops on topics relevant to early stage companies. A calendar is provided by email each month and upcoming events can always be found on the Incubator Web site at.
- Monthly “Brown Bag” lunches are held for Incubator clients and staff to network with each other.
- The Incubator manages the Emerging Business Network (EBN), which provides Incubator clients the opportunity to network with other entrepreneurs, professionals and investors from the community. A free membership in EBN is provided for each Incubator client.
- Memberships in the Greater Leesburg Chamber of Commerce, are provided to Incubator companies at no cost for the first year. Registration fees for specific events are the responsibility of the company.
- The LBTC provides all clients with a business address, mail service, Internet connection, limited assistance with networking and IT, and conference rooms. The following services are offered depending on location:
- Shared office equipment (fax, laser printer, copier)
- Miscellaneous equipment
- Resource library