Not itself the entity that initiated the funded research, Wardenclyffe Chemicals Inc. defines itself as working with various players - inventors, entrepreneurs, university professors and technology transfer offices - to take inventions from the laboratory to the marketplace. The Wardenclyffe team rapidly assesses if there is (1) a match with their available expertise and (2) a market for the technology. If positive on both counts, principals describe themselves as then meeting with the inventor/tech team to evaluate the stage of technology development and determine what resources are necessary to develop prototypes for industry testing. Firm goes on to indicate that if the project checks off all the boxes, they 'may' option the technology and conduct a much deeper technology and market assessment. If assured of project's viability, firm licenses licenses technology, develop business plan, assemble team and finance the venture. A very clever business BUT NOT SBIR eligible
