“There’s so many small companies in this region ... There’s no way that the large companies are going to know there is X or Y company that is working on a product that would be perfect for my next contract,” said Kristin D’Amore, director of NVTC’s Entrepreneur Center.
Similarly, many of the smaller firms that participate in its programs want to build companies in hot sectors, such as health care or cybersecurity, but often don’t see how those technologies can be used by the government and commercial sectors alike.
“They’re either focused on the government space or they’re focused on the commercial space, and they don’t see there can be applications for both,” D’Amore said. “There are ways we can foster that a little bit more as entrepreneurs are coming to us with ideas.”
By the numbers
Total M&A transactions by industry sector between the years 2006-2011, according to Aberman