Professional Services
PROPEL participants gain access to representatives at some of the top business services firms in Illinois and in the country. Through PROPEL, these firms educate entrepreneurs on business, financial, marketing, and legal strategies. All services for PROPEL entrepreneurs are provided at no expense to the entrepreneur, but are coordinated only through PROPEL.
Current relationships include:
Bell, Boyd & Lloyd LLP
Bell Boyd attorneys will provide educational information regarding general legal issues. Bell Boyd provides pragmatic legal representation to life sciences companies across the globe in all aspects of their businesses. The firm's life sciences lawyers help clients evaluate and protect their intellectual property, negotiate and structure transactions, analyze competitive patent portfolios, obtain venture capital, protect their intellectual property, and navigate the complex regulatory process.L.E.K. Consulting
The strategists at L.E.K. will provide input to PROPEL entrepreneurs regarding business plans, identifying their addressable markets, and how to develop growth strategies. L.E.K. provides a full array of expert services, including corporate strategy, product strategy, and transaction services. L.E.K. helps companies innovate, fund, develop, market, and launch groundbreaking products in an environment where raising capital is increasingly costly and competition is fierce.McCracken & Frank LLP
McCracken & Frank attorneys will provide educational assistance in Intellectual property considerations and protections. McCracken & Frank LLP is committed to innovation in the practice of intellectual property law. By combining advanced technical training and legal expertise, the firm is redefining intellectual property protection in the fields of biotechnology, nanotechnology, pharmaceuticals and the electrical, mechanical, and chemical arts to serve each client’s unique legal needs around the world.The Center for Business Models in Healthcare (CBMH)
The business modeling specialists at CBMH will provide considerations of product commercialization and adoption models and their impact on product and company development. CBMH works with biotechnology and diagnostic companies to develop innovative business models of adoption, reimbursement and healthcare delivery of new medical products. These models are imperative to consider throughout the product development cycle from research to development to commercialization. The Center develops and pilots innovative business models working with individual companies and with small collaborative groups consisting of product developers, health insurance companies, medical centers and physicians, clinical laboratories, and other healthcare stakeholders critical in adopting new medical products.Kleinfeld Kaplan & Becker LLP
Kleinfeld Kaplan & Becker (KK&B) attorneys will provide educational information relating to the requirements, limitations and opportunities emanating from the Federal Food, Drug, and Cosmetic Act and the Public Health Service Act. KK&B is a boutique specialty Food and Drug law firm that, for over 50 years, has been engaged in providing legal and regulatory advice to companies and associations who are interested in the development, investigation, approval and marketing of products subject to regulation by the U.S. Food and Drug Administration (FDA) and related regulatory agencies, including products regulated as drugs, biologicals, medical devices and combination products. More detailed information concerning KK&B, its attorneys, and its practice can be found at www.kkblaw.com.Levi Littell Herbst & Co., LLC
Levi Littell Herbst’s investment bankers will provide educational information regarding key life sciences merger & acquisition trends and how they might relate to critical issues facing PROPEL companies. Levi Littell Herbst is a boutique investment bank specializing in transactions below $100 million in enterprise value. In addition to its traditional banking services to assist companies in the sale of their enterprise, and in making acquisitions, Levi Littell Herbst provides M&A support, valuation and strategic guidance and fund raising support to both life sciences related venture capital firms and venture backed life science and technology companies.