Dennis C. Hayes, Senior Advisor, provides strategic management and business development management services to early-stage and start-up companies. He very often starts as a volunteer mentor and later transitions to a paid advisor. The services will primarily consist of strategic management and business development advice provided directly to the key management team of the venture and will provide these services as if he were temporary, part-time Executive Manager, equivalent to a non-employee, non-fiduciary Vice President officer of the Venture under an Engagement letter.
GTAI has significant experience working with start-up and early stage technology companies, commercializing products and services, and preparing for and executing rapid growth. We provide our experience to the Venture’s management team to be sure the right questions get asked, the opportunities are recognized and understood, the problems with growth and organization are anticipated, and the key relationships are developed. Our broad range of experience with hardware and software related to various technologies enables the Venture management team to outperform the industry. From the beginning of the Company, you may have already or will soon experience the need to manage important transitions, including the removal or addition of key team members, receiving outside investments and starting to manage the Company through the Board of Directors, managing strategy for intellectual property and licensing, advising you on the evolution of market and product strategies, helping with the recognition and definition of potential sales channels, and recognizing when strategic pivot is appropriate, all being delivered with expert executive problem solving expertise. Our experience gives you leverage to accelerate the development of your business by reducing the time required for your team to learn about ways to address business issues faced by most start-up, early stage, and rapid growth companies.
Our fees are structured understanding the financial reality of a start-up venture, and therefore we adjust our compensation to the Venture’s ability to pay reasonable fees for these types of services instead of requesting warrants or options. We often start with a period where the Senior Advisor provides services on a volunteer basis to the Company for a designated amount of time. As the company develops its ability to pay, it is evaluated quarterly, and the company will pay reasonable fees.
Throughout this engagement, whenever appropriate, GTAI will leverage the technology industry leadership reputation of Dennis C. Hayes, our CEO as a key spokesperson to introduce and reinforce the positioning and capabilities of the Venture’s products and services. In addition, he can be scheduled in advance to attend trade shows or represent the Venture at public appearances.
Contact GTAI to discuss how we can benefit your Venture.
Current Advisor Engagements:
Erli.AI Inc.
When some Georgia Tech researchers were looking into environmental monitoring into space stations, they discovered a technique that can be very useful here on earth. Fire detection takes a big step forward when AI is applied with machine learning to these sensors, so that false alarms can be eliminated, and fire detection can occur faster than other methods. Erli.ai is bringing this technology to the market and is commercializing use in industrial, commercial, and residential applications.
Contact us for an introduction to Erli.AI
Ignis Rendering
Ignis Rendering is a software development company that specializes in computer graphics solutions. Their main goal Is to provide various industries with immersive educational and training platforms. Ignis Rendering develops technologies having a large range of applications from general education to medical training and also provides a realistic experience while using the platform. The software puts the trainee in various scenarios to train them in their situational awareness, threat assessment and de-escalation skills.
Here is a link to our website: https://www.ignisrendering.com/
OmniSpeech
The AI-powered speech processing software built by OmniSpeech eliminates noise from any app, device or environment. OmniClear reduces virtually all background noise and improves voice intelligibility on any platform or device. Some of the features include superior noise suppression, low latency & low power consumption, flexible configurations and dedicated technical and business support to help integrate OmniSpeech technology into your product or service.
Here is a link to our website: https://www.omni-speech.com/
POD Farms
Pod Farms develops and patents indoor- small- scale hydroponic systems which are used to grow edible crops. They use 3-D printing for product development and are currently conducting beta and pilot testing. Some of the products they sell are “Hydroponic Kits”, “How to Grow at Home: A Guide Download”, and others. The hydroponic systems were designed to be used in the home (business to consumer model), so individuals can grow their food. Pod Farms is now expanding it to b2b for schools and CEA’s (Controlled Environment Agriculture)/Greenhouse growers. The product that is available can stack vertically up to four tiers and has different types and arrangement of attachments for growing different kinds of crops. The cost is between $450-$650 and can produce up to $2,500 worth of produce annually.
Here is a link to our website: https://www.podfarms.com/
RIF Robotics
Every year, there are over 51 million surgeries in the US. For each surgery, sterile processing technicians have to manually inspect and assemble multiple surgical trays. Human error during tray assembly results in over $50 billion of waste due to patient infections, operating room delays, and missing equipment. To address these infections and waste, RIF Robotics is building a product that uses computer vision and robotics to autonomously inspect and assemble surgical trays. Annually, each of RIF Robotics' systems will save a hospital over $300k in labor and over $2 million in reduced waste.
Here is a link to a video of our prototype: https://youtu.be/ptR2k0P6Efs
Here is a link to our website: https://www.rifrobotics.com/
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