Larta Institute
Encyclopedia
Larta Institute is a non-profit, professional services
firm that helps turn government-funded innovations into enterprises
. The organization's clients range from federal agencies in the U.S. to governments and regional authorities across the globe. Larta has over 15 years of experience designing and managing customized mentoring
programs to help innovator
s reach commercial markets. Larta's success can be attributed to its extensive global network of subject-matter experts, seasoned entrepreneur
s, investor
s, and Fortune 1000
companies. Companies assisted by Larta have raised over $1.5 billion in outside capital, and have notched up over 1,000 deals, and 3,500 strategic and other partnerships.
of Larta Institute, in 1994. Mr. Shukla was deeply involved in the creation of a well-known technology program in the State of California
, which established the regional technology alliances (RTA's), the California Technology Partnership (or CalTIP) and a federal-state partnership program to facilitate funding for both high-profile and grass roots projects. Mr. Shukla was selected to personally direct the Los Angeles
chapter of the RTAs (Larta). The program operated successfully under State funding from 1994 through 2003 as the State’s principal agent on innovation in the State’s largest region. Under Shukla’s leadership, Larta has been recognized worldwide as a convener, facilitator, and as an active “incubator without walls.”
(NIH), National Science Foundation
(NSF), and the United States Department of Agriculture
(USDA). The institute also manages a global program for the Malaysian Biotechnology Corporation to accelerate the commercialization of technologies and innovations developed at Malaysian's Higher Learning and Research Institutions. Larta's customers include government and state agencies, universities, large companies, and regional partners around the world.
The firm designs and implements turn-key programs to advance the commercial potential of government-funded R&D projects. The Commercialization Assistance Program (CAP) matches early-stage companies with a Larta “Principal Advisor,” usually a seasoned business executive hired by Larta to be a guide and mentor during the program. The mentors and their assigned companies go through the company’s goals and objectives and discuss its commercialization
progress.
Professional services
Professional services is an industry of infrequent, technical, or unique functions performed by independent contractors or by consultants whose occupation is the rendering of such services....
firm that helps turn government-funded innovations into enterprises
Business
A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...
. The organization's clients range from federal agencies in the U.S. to governments and regional authorities across the globe. Larta has over 15 years of experience designing and managing customized mentoring
Mentoring
Mentorship refers to a personal developmental relationship in which a more experienced or more knowledgeable person helps a less experienced or less knowledgeable person....
programs to help innovator
Innovator
An innovator in a general sense, is a person or an organization who is one of the first to introduce into reality something better than before. That often opens up a new area for others and achieves an innovation.-History:...
s reach commercial markets. Larta's success can be attributed to its extensive global network of subject-matter experts, seasoned entrepreneur
Entrepreneur
An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...
s, investor
Investor
An investor is a party that makes an investment into one or more categories of assets --- equity, debt securities, real estate, currency, commodity, derivatives such as put and call options, etc...
s, and Fortune 1000
Fortune 1000
Fortune 1000 is a reference to a list maintained by the American business magazine Fortune. The list is of the 1000 largest American companies, ranked on revenues alone...
companies. Companies assisted by Larta have raised over $1.5 billion in outside capital, and have notched up over 1,000 deals, and 3,500 strategic and other partnerships.
History
Founded by Rohit Shukla, the chief executive officerChief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
of Larta Institute, in 1994. Mr. Shukla was deeply involved in the creation of a well-known technology program in the State of California
California
California is a state located on the West Coast of the United States. It is by far the most populous U.S. state, and the third-largest by land area...
, which established the regional technology alliances (RTA's), the California Technology Partnership (or CalTIP) and a federal-state partnership program to facilitate funding for both high-profile and grass roots projects. Mr. Shukla was selected to personally direct the Los Angeles
Los Ángeles
Los Ángeles is the capital of the province of Biobío, in the commune of the same name, in Region VIII , in the center-south of Chile. It is located between the Laja and Biobío rivers. The population is 123,445 inhabitants...
chapter of the RTAs (Larta). The program operated successfully under State funding from 1994 through 2003 as the State’s principal agent on innovation in the State’s largest region. Under Shukla’s leadership, Larta has been recognized worldwide as a convener, facilitator, and as an active “incubator without walls.”
Programs
Larta manages national programs on a multi-year basis for the National Institutes of HealthNational Institutes of Health
The National Institutes of Health are an agency of the United States Department of Health and Human Services and are the primary agency of the United States government responsible for biomedical and health-related research. Its science and engineering counterpart is the National Science Foundation...
(NIH), National Science Foundation
National Science Foundation
The National Science Foundation is a United States government agency that supports fundamental research and education in all the non-medical fields of science and engineering. Its medical counterpart is the National Institutes of Health...
(NSF), and the United States Department of Agriculture
United States Department of Agriculture
The United States Department of Agriculture is the United States federal executive department responsible for developing and executing U.S. federal government policy on farming, agriculture, and food...
(USDA). The institute also manages a global program for the Malaysian Biotechnology Corporation to accelerate the commercialization of technologies and innovations developed at Malaysian's Higher Learning and Research Institutions. Larta's customers include government and state agencies, universities, large companies, and regional partners around the world.
The firm designs and implements turn-key programs to advance the commercial potential of government-funded R&D projects. The Commercialization Assistance Program (CAP) matches early-stage companies with a Larta “Principal Advisor,” usually a seasoned business executive hired by Larta to be a guide and mentor during the program. The mentors and their assigned companies go through the company’s goals and objectives and discuss its commercialization
Commercialization
Commercialization is the process or cycle of introducing a new product or production method into the market. The actual launch of a new product is the final stage of new product development, and the one where the most money will have to be spent for advertising, sales promotion, and other marketing...
progress.
Clients
- National Institutes of HealthNational Institutes of HealthThe National Institutes of Health are an agency of the United States Department of Health and Human Services and are the primary agency of the United States government responsible for biomedical and health-related research. Its science and engineering counterpart is the National Science Foundation...
(NIH) - National Science FoundationNational Science FoundationThe National Science Foundation is a United States government agency that supports fundamental research and education in all the non-medical fields of science and engineering. Its medical counterpart is the National Institutes of Health...
(NSF) - US Department of Agriculture (USDA)
- Telemedicine and Advanced Technology Research Center (TATRC)
- Loma Linda UniversityLoma Linda UniversityLoma Linda University is a Seventh-day Adventist coeducational health sciences university located in Loma Linda, California, United States. The University comprises eight schools and the Faculty of Graduate Studies...
(LLU), through the PFI: Inter-University Technology Bundling Project