Answers to many of the more commonly asked questions about
BDC and our services can be found below. For more information please contact
us.
Who are your typical clients?
Past clients are largely research labs affiliated with universities or
hospital systems, although high net worth individuals who own patented
technologies have also sought BDC's services. Client references
are available for qualified interested parties.
What are some of the past accomplishments of Breakthrough
Development Company?
Breakthrough was founded in 1998 by Jim Timmins. Over the last ten years
the company has serviced about 30 clients and completed 100 independent
projects. Since Breakthrough focuses only on start-ups at the breakthrough
stage, success is measured by the advancement of the company to a viable
entity. Many past clients have been acquired or now have professional
management teams in place. Under certain circumstances, and if there is
mutual interest, Breakthrough may continue to provide services to early
stage companies after they have successfully navigated the breakthrough
period.
Do you provide funding for early stage companies?
Generally funding is already present prior to Breakthrough Development
being retained, but we do help raise additional rounds of capital when
necessary.
Why wouldn’t a company just hire a professional
management team instead of retaining Breakthrough Development Company?
In order to attract a high quality professional management team a company
must be able to provide a competitive salary and benefits package. Most
early stage companies do not have the resources to provide such a package,
nor is a professional management team necessary during early intensive
R&D phases. Breakthrough focuses solely on companies at this early
stage, and has built the expertise and contacts necessary to provide unique
services to this client base. In addition, Breakthrough can flexibly offer
management services on a contract and part-time basis, a desirable feature
for cash flow challenged start-ups.
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