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Larta Institute is a professional services firm that helps turn government-funded innovations into enterprises. The organization's clients range from federal agencies in the U.S. to governments and regional authorities across the globe. Larta has over 15 years of experience designing and managing customized mentoring programs to help innovators reach commercial markets. Larta's success can be attributed to its extensive global network of subject-matter experts, seasoned entrepreneurs, investors, and Fortune 1000 companies. Companies assisted by Larta have raised over $1.5 billion in outside capital, and have notched up over 1,000 deals, and 3,500 strategic and other partnerships. [1]

History of Larta

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In 1993, the California legislature created the Defense Conversion Council (DCC) to serve as a policy-making body and central clearinghouse for all base reuse and defense conversion programs. The DCC was charged with setting up Regional Technology Alliances (RTAs) and approving projects for funding under the state’s Defense Conversion Matching Grant program.[2] Larta was established as an RTA to raise and leverage funds from multiple public and private sources to support technology development, commercialization, and industry competitiveness.

Larta's Programs

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Larta manages national programs on a multi-year basis for the National Institutes of Health (NIH) and the United States Department of Agriculture (USDA) and has developed similar programs for the Defense Advanced Research Projects Agency (DARPA) and the National Institute of Standards and Technology (NIST). Larta's customers include government and state agencies, universities, large companies, and regional partners around the world.[3]

Larta designs and implements turn-key programs to advance the commercial potential of government-funded R&D projects. The Commercialization Assistance Program (CAP) matches early-stage companies with a Larta “Principal Advisor,” usually a seasoned business executive hired by Larta to be a guide and mentor during the program. The mentors and their assigned companies go through the company’s goals and objectives and discuss its research progress.[4]

Clients

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  • National Institutes of Health (NIH)[5]
  • National Science Foundation (NSF)[6]
  • US Department of Agriculture (USDA)[7]
  • Telemedicine and Advanced Technology Research Center (TATRC) [8]

Notes

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