Business Resources

  • Identify new markets for your products/services.
  • Determine the best sales strategy for your firm.
  • Ensure your sales process and messages clearly communicate relevant value.

  • Assist, using years of entrepreneurial experience, with all phases of the business commercialization and launch process (discovery, licensing, business planning, team-building, fundraising, etc.).

  • Ensure your financial records are current and organized appropriately for review by potential lenders or investors.
  • Help you comply with grant and government reporting requirements.
  • Enable you to easily take advantage of relevant R&D, job creation, or other tax credits. Provide referrals to resources for professional liability and business owners’ insurance.

  • Assist you with applications for a SBIR award or other grant/loan funding.
  • Help you best share information about your research, commercialization plan with milestones, and other critical pieces so that they align with the expectations of the funding agency.

  • Develop the best strategy for your Human Resources activities as you launch/grow your business.
  • Promote job opportunities at your firm.
  • Provide comparable salary information.

  • Host your business in one of two incubators: the Germantown Innovation Center (GIC) and the Rockville Innovation Center (RIC), managed by BHI, with features that include turn-key office space, wet lab space, shared kitchenette, flexible lease obligations, and access to the BHI team and its network of partners who hold office hours at the incubators.
  • Introduce you to additional resources throughout the region who can help you find the space you need to establish/expand your biohealth business, R&D, or manufacturing operations.

  • Provide international companies the perfect starting point to create or locate US-based subsidiaries. Provide outreach efforts that stretch into Europe, Asia, India and beyond. Provide soft landing companies access to BHI's extensive business resources, as listed herein.

  • Assist with the establishment of your new business or U.S. headquarters.
  • Determine the best legal structure for your firm.
  • Advise you regarding governance, employment, leasing, and business contracts, and other operational issues.

  • Make certain the technology you developed is appropriately protected.
  • Guide you with licensing your technology from/to another organization.
  • Develop a plan for protecting your ideas, patents, trademarks, or trade secrets that aligns with your business strategy.

  • Use tools provided through BHI partner, TEDCO, to refine your business plan with data on competition, related patent/regulatory findings, market opportunity (consultants excluded). Databases included at the GIC are: Frost & Sullivan, Global Data - Medical eTrack, Global Data - Pharma eTrack.

  • Develop the message highlighting the value proposition for your company’s product/service.
  • Create the brand, design and collateral for your company, products or services.
  • Provide guidance regarding marketing of FDA regulated products.
  • Promote your products, services, research/collaboration opportunities.

  • Meet potential collaborators, customers, investors and board members through our networking events and with BHI partners.

  • Develop the best strategy to achieve regulatory approval and compliance.
  • Provide pre and post market risk assessment and mitigation services.
  • Work with the CRO’s with the greatest experience with patients addressed by your product and/or target market.

  • Develop strategies to obtain payment in your target markets.
  • Demonstrate how your product improves outcomes and lowers costs for payers.
  • Identify existing codes or obtain new codes for reimbursement.