Commercializing a New Generation of Polymer Coatings
CAMBRIDGE, MA - In some cases, a company has a product and knows immediately where it should go. GVD Corp. was not one of those cases. The MIT spinoff had developed a new approach to making polymer coatings, which had substantial industry interest. The problem was finding the specific market.
The company had a few things in its favor. The founders had confidence in the technology and had demonstrated its commercial potential on a small scale. They had initial funding from government grants and commercial research and development sponsors. They had patience. And they also found an initial partner who helped them perfect the application.