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    PivotPoint Innovation Enables Insider Access to Breakthrough Innovations

    PRWeb – Fri, Feb 10, 2012

    Idea Foundry, Inc. and Venti Brands Consulting Group LLC announce that they have formed a joint venture called PivotPoint Innovation to help businesses accelerate the identification and adoption of innovation and technological solutions. PivotPoint Innovation enables insider access to breakthrough innovations generated by entrepreneurs and universities, while having senior level management guide the process from identification through commercial impact.

    Pittsburgh, PA (PRWEB) February 10, 2012

    Idea Foundry, Inc. and Venti Brands Consulting Group LLC announce that they have formed a joint venture called PivotPoint Innovation to help businesses accelerate the identification and adoption of innovation and technological solutions. Through PivotPoint Innovation, companies can gain insider access to breakthrough innovations generated by entrepreneurs and universities while having senior level management guidance throughout the process, from identification through commercial impact.

    "As part of our ongoing mission to drive economic development in our region we seek gaps and opportunities for our companies and the region’s innovations to make an impact and generate financial and employment gains. Working with the experienced team at Venti Brands we have seen first-hand the value of seasoned management in the process of introducing exciting innovations to larger established regional organizations,” said Mike Matesic, Chief Executive Officer of Idea Foundry. “PivotPoint Innovation enables a pooling of efforts around many smaller companies who have achieved critical commercial success but have not yet reached a size for our larger organizations to devote the resources necessary to see the commercial impact that could be realized within their own organizations.”

    "We are very excited to partner with Idea Foundry to help launch PivotPoint Innovation into the marketplace," said Alan Schaefer, President of Venti Brands Consulting Group LLC. "Having worked at several large companies, we understand the difficulty of identifying and commercializing early stage innovation. PivotPoint Innovation has the leadership and the experience to identify the big ideas for innovation that have the greatest potential for commercial success.”

    About Idea Foundry

    Idea Foundry is a not-for-profit 501(c)(3) founded in 2002 to fill the regional gap between innovative business ideas and viable technology start-up businesses. Idea Foundry provides a start-up extensive consulting and support services, mentoring, and financing programs. Since its inception, it has helped launch over 85 technology companies in a wide variety of industries, including Life Sciences / Healthcare IT, Energy Efficiencies / Green Tech, Advanced Materials, Entertainment Technology, Education, and Information Technology. These companies have created over 550 jobs, launched more than 70 products, raised over $166 million in follow-on funding, and earned over $186 million in revenues. http://www.ideafoundry.org

    About Venti Brands Consulting Group LLC

    Venti Brands Consulting Group LLC consists of three principals who retired from GlaxoSmithKline in 2007 and 2008. They individually started their own consulting practices that ultimately led to a broader practice that centers on strategic thinking, product positioning, brand building, and innovation. Venti Brands Consulting Group LLC combines its base of sales, marketing and innovation experience with its passions for helping entrepreneurs achieve success to provide a total solution for small to medium-sized businesses. http://www.ventibrands.com

    # # #

    Mark Prus
    PivotPoint Innovation
    4122878674
    Email Information


     

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