If you’re an entrepreneur looking for product development expertise and facilities to launch your company, consider incubating here at PADT. We are actively looking for startup companies that need a partner to develop and commercialize their innovative products. Specifically, we are looking for startup companies that will benefit from locating at our facility and taking advantage of the full spectrum of our product development expertise. If you are interested, we invite you to contact us to further explore this opportunity.
Since 1994, PADT has provided engineering and prototyping. However, to fuel our growth and support the commercialization of new technologies, PADT now is additionally looking for - and investing in - emerging companies. In the last year PADT has invested in two strong, local companies - KMI and Celerative. We are now looking to expand the way we help startups succeed by offering to incubate them here at our facility in the ASU Research Park.
This is a great opportunity for technology based startups that have an exciting business concept, enabling intellectual property, and the management expertise to make it happen. We will invest in your startup and partner in your success by providing the following support:
- Infrastructural support: Office space, conference rooms, telephone and web service, accounting support, etc.
- Engineering support including: design/engineering expertise, CAD, FEA simulation, prototyping, instrumentation, testing, and final assembly
- Commercialization support: Funding, strategic planning, manufacturing implementation, access to ISO 13485 compliant quality system.
To be considered, your company will have the following characteristics:
- An experienced management team with strength in marketing and financing
- A need for product development and engineering expertise.
- A clear business plan and rollout strategy for entering a substantial market.
- Attracting angel level investment in addition to PADT’s contribution.
- A product or medical device that has significant technical challenges - ideally one that benefits from our FDA compliant quality system.
We are excited about bringing this business opportunity to entrepreneurs in Arizona and look forward to hearing your ideas and concepts. If you are interested, we invite you to contact us to further explore the opportunity of incubating your startup company with us.
