Welcome to Foresight Science & Technology™

Foresight Science and Technology  Incorporated was founded in 1980 to accelerate the movement of socially beneficial inventions from universities, research institutes and laboratories, hospitals, companies, and government agencies and foundations funding R&D. 

The principals of the firm have played a critical role in helping to create the legislative and regulatory framework of the invention and innovation system of the United States, helping to develop, enact enabling legislation, and design the regulatory regime for programs such as the over $1 billion Small Business Innovation Research (SBIR) Program.  From legislation to hands-on, roll-up-the-sleeves contract operations, Foresight has been a major player in stimulating innovation and the uptake of new technologies in the United States and around the world.

Today, Foresight Science & Technology works with between 500-800 customers each year, providing data for decisions and advice and recommendations on which inventions to pursue and how to get them into market profitably.  The company has three primary product families: consulting, deal-making, and web services.  It has Practice Area Groups in:

• Biomedical/Biotech

• Agriculture/Aquaculture/Forestry

• Energy/Environment

• Chemicals/Materials

• Information Technology/Software

• Education

• Manufacturing

• Infrastructure

• Defense/Security/Transportation/Aerospace,

The firm now has a staff of over 40 employees and contractors in the United States, plus additional staff in franchises located in Canada, Chile, Ireland and the UK. Its customers include over 145 companies ranging from the Fortune 100 to start-ups, over 80 universities and foundations, and over 40 government agencies and laboratories.

Foresight’s Consulting Division provides reports and staff to address technology transfer, product development, and commercialization decisions and challenges. It provides, among other services:

• Reports with technical, market, and intellectual property analysis help determine which inventions to pursue at decision milestones
• Strategic business, R&D, and marketing plans plus implementation tactics that provide insight as customers shift from decision to action. 
• Assistance in establishing spin-out and spin-up companies to mature and commercialize the technology, including recruiting  of the management team, foiling out gaps with temporarily staffing, and helping raise the seed and venture funding.
• Comprehensive marketing and negotiation services for licensing and obtaining sponsored research funding.
• On-site or on-line training in technology transfer, product development, commercialization, and licensing.
• Advice to Government Departments and Agencies and universities on policies related to, and programs for R&D, IP generation, commercialization, and technology transfer.

Foresight’s Web Services Division has invested heavily in the development of methodologies for creating knowledge hubs.  It seeks to provide the skills, capabilities, data, and tools that to help commercialization offices and inventors need to prepare for and make informed decisions on how to get their inventions and products to market, regardless of the field of technology or the industrial or business sector involved. Its products include:

• T2+2® (Technology Transfer Tools and Training™), a web-service providing databases of over 5000 market research reports from all fields of technology, companies looking for technology to license or expertise and capabilities for sponsored research, and thousands of royalty rates; global catalogues of technology roadmaps, standards bodies,  and venture capitalists and angels; a wiki on commercialization and technology transfer; e-training; spreadsheets for valuations, determining royalty rates, assessing patentability, and other commercialization tasks with help files; and templates for data collection and analysis also with help files.
• Supply Chain Portals which facilitate partnering and supply chain formation leading to development of national or regional economic clusters for growth markets like Advanced Energy Storage.
• Open innovation systems for companies, government agencies, foundations, and NGOs seeking to source and filter inventions and propositions from the Open Innovation community across the globe.