Larta Institute, an international nonprofit organization dedicated to supporting the commercialization of innovations, released their annual report this week. The report profiles the work of six of their portfolio companies including The Local Crowd.
The Local Crowd founders have worked with Larta Institute consultants to develop commercialization plans and strategies as part of their Phase I and Phase II USDA Small Business Innovation Research Grants. “Larta consultants have provided us a step-by-step process that helped to put flesh and bones on our vision. The process moved us forward in our planning, decision making and business development,” said TLC Co-Founder Diane Wolverton.
The Larta Annual Report explained how they selected the featured companies. “We profile companies in our portfolio whose success demonstrates our influence and their impact on society. They run the gamut of real-world solutions, using the tools of science and technology: diagnosing citrus greening, promoting cancer cell death, transforming CO2 into valuable products, retarding the spread of rodents, and empowering rural communities through crowdfunding. They do us proud.”
Wolverton commented, “It’s an honor to be part of this report. It really emphasizes the great work of our partner communities and the need to bring financial resources to rural America.”
See the full report: Larta Institute 2016 Annual Report