National Academy of Sciences | 150 Year Anniversary

Questions? Call 800-624-6242

| Items in cart [0]

The National Academies Press

PAPERBACK
price:$39.00
add to cart

Rights & Permissions

topleft topright

Technology Commercialization: Russian Challenges, American Lessons (1998)
Office of International Affairs (OIA)

Citation Manager

. "Appendix H: First Flight Venture Center." Technology Commercialization: Russian Challenges, American Lessons. Washington, DC: The National Academies Press, 1998.

Please select a format:

BibTeX EndNote RefMan


Page
116
bottomleft bottomright

The following HTML text is provided to enhance online readability. Many aspects of typography translate only awkwardly to HTML. Please use the page image as the authoritative form to ensure accuracy.


Appendix H
First Flight Venture Center: A Business Incubator in Research Triangle Park

The First Flight Venture Center (FFVC) is a business incubator serving the initial location needs of research-based entrepreneurs. The Center's mission is to increase the number of successful technology-based small companies originating in or relocating to the Research Triangle Park region of North Carolina. The Center provides office and lab facilities, along with business equipment and information services, to help accelerate the investigation and validation of innovative technical and commercial concepts by early stage ventures. By expediting the demonstration of technical and commercial feasibility, FFVC members are positioned to compete for the management and capital resources required for growth.

The FFVC is a 28,500 square foot facility available for short-term leasing. The Center's offices and wet labs range for 115 to 345 square feet. Flex-Spaces up to 1,000 square feet, suitable for proto-type development and manufacturing are also available. The facility can accommodate approximately 20 early-stage companies engaged in a diversity of research and product development efforts.

Membership in the Center is open to both tenant and non-tenant research-based entrepreneurial companies. Members have access to the Center's shared common area, conference rooms, classrooms, AV equipment and business services (receptionist, phone answering, postage metering, fax, copier, etc.) on a usage fee basis. Members are also entitled to attend seminars, workshops and informal gatherings held at the Center, and they are eligible to participate in any Center-sponsored programs.

The Center is managed by the North Carolina Technical Development Authority, Inc. (NCTDA), a non-profit corporation established in 1983. Since its inception, NCTDA, has assisted the growth of technology-based entrepreneurial companies through early-stage equity investment in more than 60 new ventures and through the establishment of 23 business incubators across North Carolina.

Source: North Carolina Technological Development Authority, Inc.

Page
116
Front Matter (R1-R10)
Perspective From a University with an Industry-Funded Research Program (1-7)
Commercializing University Technology (8-15)
Legal Issues of Special Concern to Technology Commercialization (16-23)
An Industrial Perspective on Technology Commercialization in the 1990s and Beyond (24-32)
Research, Technology Development, and Commercialization (33-40)
View from a National Laboratory (41-43)
The Role of Industrial Institutes in Creating and Maintaining Russia's Industrial Potential (44-49)
Problems of Taxation and Technology Commercialization in Russia (50-54)
Commercialization of Scientific and Technical Developments at Higher Education Institutes (55-59)
Development of Legal Regulations for Technology Commercialization in Russia (60-66)
Commercializing for the Polymer Industry: The Experience of an Academy Institute (67-74)
The Main Problem in Commercialization of Scientific Research Results (75-84)
Areas of Further Consideration (85-88)
Appendix A: Workshop on Technology Commercialization Agenda (89-90)
Appendix B: Excerpts from the Bayh-Dole Act (91-98)
Appendix C: Excerpts from the National Competitiveness Technology Transfer Act of 1989 (99-104)
Appendix D: Commercializing Technology (105-106)
Appendix E: U.S. Patent Law Provisions that Promote University-Based Patenting and Technology Transfer (107-111)
Appendix F: Description of the Centennial Campus (112-113)
Appendix G: Innovation Research Fund (114-115)
Appendix H: First Flight Venture Center (116-116)
Appendix I: NIST Advanced Technology Program (117-119)
Appendix J: The Industrial Research Institute, Inc. (120-121)
Appendix K: NSF Industry/University Cooperative Research Centers Program (122-128)
Appendix L: U.S. Tax Policy Issues (129-132)
Appendix M: University Unrelated Business Income Policy (133-134)
Appendix N: Visits in Russia and the United States (135-138)

Below are the first 10 and last 10 pages of uncorrected machine-read text (when available) of this chapter, followed by the top 30 algorithmically extracted key phrases from the chapter as a whole.
Intended to provide our own search engines and external engines with highly rich, chapter-representative searchable text on the opening pages of each chapter. Because it is UNCORRECTED material, please consider the following text as a useful but insufficient proxy for the authoritative book pages.

Do not use for reproduction, copying, pasting, or reading; exclusively for search engines.

OCR for page 116
--> Appendix H First Flight Venture Center: A Business Incubator in Research Triangle Park The First Flight Venture Center (FFVC) is a business incubator serving the initial location needs of research-based entrepreneurs. The Center's mission is to increase the number of successful technology-based small companies originating in or relocating to the Research Triangle Park region of North Carolina. The Center provides office and lab facilities, along with business equipment and information services, to help accelerate the investigation and validation of innovative technical and commercial concepts by early stage ventures. By expediting the demonstration of technical and commercial feasibility, FFVC members are positioned to compete for the management and capital resources required for growth. The FFVC is a 28,500 square foot facility available for short-term leasing. The Center's offices and wet labs range for 115 to 345 square feet. Flex-Spaces up to 1,000 square feet, suitable for proto-type development and manufacturing are also available. The facility can accommodate approximately 20 early-stage companies engaged in a diversity of research and product development efforts. Membership in the Center is open to both tenant and non-tenant research-based entrepreneurial companies. Members have access to the Center's shared common area, conference rooms, classrooms, AV equipment and business services (receptionist, phone answering, postage metering, fax, copier, etc.) on a usage fee basis. Members are also entitled to attend seminars, workshops and informal gatherings held at the Center, and they are eligible to participate in any Center-sponsored programs. The Center is managed by the North Carolina Technical Development Authority, Inc. (NCTDA), a non-profit corporation established in 1983. Since its inception, NCTDA, has assisted the growth of technology-based entrepreneurial companies through early-stage equity investment in more than 60 new ventures and through the establishment of 23 business incubators across North Carolina. Source: North Carolina Technological Development Authority, Inc.

Representative terms from entire chapter:

business incubator