VITEC2 offers a broad range of services at affordable fees
to accommodate the different levels of support required
by startup and growing firms. The table below lists the
services and corresponding fees:
Client
Type |
Base
Services |
Usage
Charges |
On-Demand
Charges |
Specialized
Charges |
Full
Tenant
|
Office space plus overhead
(common electricity, water, insurance, PBX, Internet,
mail, 24/7 security, conference room, kitchen, limited
parking spaces and staff support)
6 month leases, scalable as follows:
- Year 1: $ 9.00/ft2
- Year 2: $ 14.50/ft2
- Year 3: $ 18.00/ft2
- Extendable 6 months at 125% markup
(Prepaid checks required) |
- Local and long distance
calls
- Area metered electrical consumption
- Copies and faxes
- Bookkeeping and payroll taxes
Billed monthly |
- Legal counsel
- HR counsel
- Accounting
- Management
- Student labor
- Basic intellectual property protection
Services will be supplied by VITEC2 Qualified Resources
and charged out at $65/hour. |
- Prototype design
- Product development and testing
- Preliminary commercial production
- Product introduction and Market development
- Entrepreneurship / Mentoring Program
- Intellectual property protection and licensing
- Raise capital
Services will be supplied by VITEC2 Expert Network and
charged out at $95/hour. |
Anchor
Tenant |
Office space plus overhead
(common electricity, water, insurance, receptionist,
PBX, Internet, mail, 24/7 security, conference room,
kitchen and limited parking spaces)
6 month leases, scalable as follows:
- Year 1: $ 6.00/ft2
- Year 2: $ 12.00/ft2
- Year 3: $ 18.00/ft2
- Extendable 6 months at 125% markup
(Prepaid checks required)
|
- Local and long distance
calls
- Area metered electrical consumption
- Copies and faxes
Billed monthly |
n/a |
n/a |
|
Virtual Tenant |
Receptionist, PBX,
mail, conference room and kitchen.
$400/month |
- Local and long distance
calls
- Copies and faxes
- Bookkeeping and payroll taxes
Billed Monthly |
- Legal counsel
- HR counsel
- Accounting
- Management
- Student labor
- Basic intellectual property protection
Services will be supplied by VITEC2 Qualified Resources
and charged out at $65/hour. |
Stage 1:
Pre-VITEC2
- Idea generation/evaluation
- Proof of concept
- Preliminary Business Plan
- Business / technical feasibility analysis
- Technical research and development
- Market research and development
- Complete Business Plan
- SBIR proposal preparation / approval
- Raise capital
- Initiate IP process
Stage 3: Post-VITEC2
- Product Expansion
- Rapid Growth
- Maturity
- Graduate feedback
Services will be supplied by VITEC2 Expert Network and
charged out at $95/hour. |
