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SBIR Contracts Open Doors For LifeWave, Inc.
 

LifeWave, Inc., founder, John Tupin, became a client with The Federal Technology Center (The FTC) in 2001, and has regularly requested advice and then followed through on our recommendations to best position his company for federal contracts. Although much of the technology they provide is proprietary, he has managed to make high level con­tacts with a number of government agencies that benefit from their non-invasive medical sensors and other technologies. Tupin has been especially successful with Small Business Innovative Research (SBIR) contracts, and was recently awarded another SBIR from the

U.S. Army Medical Research Acquisition Activity.

By using the information he learned in classes and counseling provided by The FTC, Tupin has been able to locate appropriate SBIR opportunities, develop business documents required by the government, and has acquired the services of an accountant to assist with the more complex accounting systems required for cost-reimbursement contracts.

“Our biggest asset is our team. We have been fortunate in finding people that share our enthusiasm for our technology and are willing to take some personal risk to help bring it to market.” Despite having a great staff, however, Tupin states that his biggest challenge over the years has been funding. After learning that investors wanted their technologies to be “further along” before they would be interested, Tupin decided to pursue government

 
We found The FTC's seminars provided us with the most basic tools to move forward. We met with an FTC counselor and went through the process of finding and applying for SBIR's and found two of our three research grants througha resource they told us about. John Tupin founder of Life Wave Inc.

research projects to develop the science around
his products and also create a customer.

Sharing what he has learned, Tupin says, “When we first started out, we knew medicine and engineering, but very little about our target customer (the federal government). We found The FTC’s seminars provided us with the basic tools to move forward. We met with an FTC counselor and went through the process of finding and applying for SBIRs and found two of our three research grants through a resource they told us about.”

 

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