Government funding comes in many forms including grants, low-interest financing, tax credits, public infrastructure improvement support, and other financial mechanisms. Companies can seek government funding support for activities including:
- Research & Development
- Product Development and Commercialization
- Capital Expenditures
- Workforce Expansion
LNE Group takes a systematic approach to the process of securing government funding. Our goal is to maximize both client flexibility and potential of success.
To secure government grants for technology innovation, LNE Group offers a comprehensive “Stage-Gate” approach. This five stage/four gate process helps clients match their project needs with government agency funding priorities. That process is depicted below:
After each Stage, the client has the option to end the engagement or continue through the Gate to the next Stage. Using this systematic approach to grant funding, LNE Group and the client target specific funding opportunities and scope high priority projects while maintaining client flexibility to exit (and conserve resources) if it is determined the project has a low probability of securing funding or proceed if the project has a high probability of success. Clients have found this approach positions them well for funding by focusing resources on projects that have the greatest chance of securing funding from those that do not.
Please click on the Stages above for a further explanation of this process.