ER&D Program Advantages

Astralux’s Entrepreneurial R&D program presents an attractive option for aspiring technology entrepreneurs to build technology businesses based on their early stage ideas. The program allows principal investigators to develop their technologies within the framework of an established company, Astralux. Funding is available for selected ideas and administrative support functions are provided. It’s a viable commercialization path for tech-savvy entrepreneurs who want to minimize personal risk, and maximize their ability to focus on developing their technologies.

Financial challenges are not the only hurdles new technology companies face. Management is a vital part of any successful business. Managing employees, accounting and administration, facilities and capital equipment needs, manufacturing, marketing and sales are just some of the categories of activity that consume resources and attention. Too often independent entrepreneurs can end up spending more time on administrative overhead and putting out fires than in developing their technologies. It’s another reason why new technology ventures face an uphill battle. With Astralux's ER&D Program, the management infrastructure is already established - leaving you valuable time to work exclusively on your research and concepts.

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