Company mentor.L.A.'s Larta Institute The Larta Institute is an 501(c)(3) non-profit organization which is chartered with the mission to spur technology startup growth, commercialization, and technology transfer. , which provides advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal to high-tech high-tech also hi-tech adj. Informal Of, relating to, or resembling high technology. high-tech Adjective same as hi-tech Adj. 1. startups and business seeking to expand, is taking its act nationwide. The West Los Angeles-based group has won an $844,000 contract from the National Institutes of Health to manage a commercialization assistance program for recipients of NIH "Not invented here." See digispeak. NIH - The United States National Institutes of Health. Small Business Innovation Research grants. The grants, which range from $750,000 to more than $2 million, are given to companies on the cusp of developing a commercially viable product. About 450 companies receive the grants each year, and Larta will select up to 125 of them for further assistance with such issues as regulatory hurdles, licensing strategy, strategic alliances and mergers and acquisitions. "It's it's 1. Contraction of it is. 2. Contraction of it has. See Usage Note at its. it's it is or it has it's be ~have a natural extension of everything that we have done for the past 10 years," said Larta chief executive Rohit Shukla. The institute, which has 10 employees, plans to add two or three more people to manage the program, but will provide most of the services through a network of attorneys and other professionals it has developed. The NIH has an option to extend Larta's contract to three years for a total of $2.5 million. Staff reporter Laurence Darmiento can be reached at (323) 549-5225, ext. 237, or at ldarmiento@labusinessjournal.com. |
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