Modern Technology Corp Introduces C3 Funding Solution for CleanTech Entrepreneurs
December 02 2009 - 9:00AM
Marketwired
Modern Technology Corporation (PINKSHEETS: MODC) announced today
the establishment of its groundbreaking CleanTech Commercialization
Catalyst (C3) Program design to further the commercialization of
promising CleanTech technologies.
The C3 Program provides the knowledge, know-how and working
capital to help turn ideas into successful ventures and successful
products. Our management team and network of specialized business
and technology professionals as well as our suppliers all have the
necessary skills, experience and knowledge to successfully solve
complex and challenging problems and to deliver successful
solutions.
Commercializing CleanTech innovations is inherently a high-risk
endeavor. The difficulty of attracting investors to support an
imperfectly understood, as yet-to-be-developed innovation is
especially daunting. The term, "Valley of Death," has come to
describe this challenging transition when a developing technology
is deemed promising, but too new to validate its commercial
potential and thereby attract the capital necessary for its
development. Lacking the capital to develop an idea sufficiently to
attract investors, many promising ideas and firms perish.
MODC's C3 Program includes:
-- Initial technical due diligence
-- Initial market due diligence
-- Strategy and business plan development
-- Business model development
-- Financial advisory
-- Attract external investment
-- Making introductions to investors
-- Intellectual property protection
-- Team profiling and building
-- Business mentors
-- Market research
-- Market entry strategies
-- Product development and engineering
-- Assistance with scale-up for manufacture
-- Sales and marketing
-- Project management
-- Licensing advice
In addition, qualifying companies/technologies may qualify for
MODC's Funding Catalyst Working Capital Program.
The Company will be accepting business proposals from interested
parties online commencing upon the completion of its new
website.
About Modern Technology Corp
MODC mission is to stimulate the development and success of
early-stage companies who will provide the next generation of
clean, renewable, and efficient energy technology. MODC, through
its C3 Program, will help companies assemble solid management
teams, secure adequate funding, and accelerate the
commercialization of sound product ideas into the market. Through
this mission, MODC will create jobs, new products to help society
be more sustainable and a return to its shareholders.
Web: http://www.moderntechnologycorp.com.
Safe-Harbor
This press release contains statements (such as projections
regarding future performance) that are forward-looking as defined
in the Private Securities Litigation Reform Act of 1995. Actual
results may differ materially from those projected as a result of
certain risks and uncertainties. The company's website and prior
SEC and PinkSheets filings contain various disclosures and RISK
FACTORS (incorporated herein by reference) and should be read
before any investment decision.
CONTACT: Modern Technology Corporation Investor Relations
info@moderntechnologycorp.com (954) 727-5468
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