Without strong marketing support you may never realize a return on your investment or you may not value your technology properly and thus undersell its potential. A business development professional can also assist you in building a compelling story that will induce a partner want to work with you. Based on your Strategy you should identify a list of target partners- corporations and funding agencies. Visit the BioTactics Networking Page for Develop an introductory letter that describes your technology and the key highlights compared to the competition as you understand them. Have back-up materials ready send out if someone expresses interest.
Fees are generally an hourly rate plus a percentage of the money raised.
Companies get hundreds of technologies and business proposals sent to them daily. The best way to have your technology appear ahead of the pack is via a contact. Your best protection is to have any agreement outlined in a legally binding written contract. Have all agreements reviewed by an attorney prior to signing. Even with a written contract it is a good idea to select partners with whom you have a good working relationship.