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FENIXTEC was formed
specifically to "build bridges" between US and NIS organizations engaged in technology transfer. The need for such a company
was based upon recognition of the economic and security interests of both sides and their respective technological and skilled
manpower resources, as well as their cultural and political differences. As a result, the Company's founders combined and
augmented their professional experience and expertise to form a team that specializes in helping industry, research laboratories,
and academia, both in the US and NIS, to capitalize on the opportunities offered within the dynamic defense conversion and
technology transfer markets.
The genesis of the Company's activities was the management of the International Business
& Technology Incubator (IBTI) under a multiyear grant from US Agency for International Development (USAID). This ongoing effort
(now incorporated as a Russian not-for-profit Foundation) continues to provide access to research laboratories, universities,
and information sources throughout Russia and the NIS.
FENIXTEC initiates and/or seeks products or concepts that, when
properly nurtured and partnered, can form new business entities (e.g. joint ventures) that can fulfill recognized commercial
needs with superior profitability. The required fostering spans the gap from the development of high technology concepts
to manufacturing existing products for entry into highly competitive market niches. To enhance this objective, the Company
has developed a formalized procedure for review technical feasibility and scientific merit of technologies that have strong
commercial potential. This process offers the capability to recognize technologies that offer unique business opportunities.
FENIXTEC
has organized a management team to market the results of the above identified process to the appropriate private sector and
government organizations. To this end, the Company maintains a database of those industries that are increasingly reorienting
their corporate structure to facilitate the assimilation of those transferable technologies through formation of new companies,
negotiation of license agreements, and structuring of joint ventures.
In summary, FENIXTEC's capabilities include the
range and depth of intellectual and professional talent that can be brought to bear on a variety of technical, scientific,
or business development challenges. Access to diverse and unique information resources in the NIS countries allows FENIXTEC
to create a bridge between technical capabilities and interested Western organizations. This ability to access and utilize
the rich intellectual talent, equipment, and facilities infrastructure in the NIS scientific and technological communities
is a key component of the FENIXTEC business development approach.
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