LINGUA │ FRANCA │ GROUP │LLC Lingua Franca Group LLC
Press Release
March-April 2014
What is the history of Lingua Franca Group LLC?
Lingua Franca Group was formed in 2012 to focus on investment into technology ventures that transition University research into commercial ventures. Specifically, the firm seeks technologies that create market disruption. Once the technologies are demonstrated at the laboratory level, our team provides the management, technical insight, and capital to bring the venture into beta testing and pilot production demonstrations. Working with additional partners, Lingua Franca Group provides a roadmap to exit the technology-based venture to larger scale for local and regional markets.
How does Lingua Franca Group qualify an opportunity through the Offset-to-Enterprise Process?
The Lingua Franca Group managing directors have over three decades of technology-venture driven experience with product development, marketing and enterprise creation in US domestic and emerging global markets. From modernization of a national communication system to privatization of an emerging market electricity grid to second source production of military hardware for offset requirements, the Lingua Franca Group managing directors are well experienced in building the ecosystem needed to transition technology into new markets.
The Offset-to-Enterprise process provides a multi-step pathway to provide solid planning and oversight for risk reduction of financing, marketing and project management metrics. The Offset-to-Enterprise process allows for return-on-investment (ROI) determination for high-multiplier projects ranging from $50 - $500 million.
What is the Lingua Franca Group "Shovel Ready" Project Process?
Lingua Franca Group indirect technology-based offset projects focus on both STEM education and job creation. Therefore, we predominantly develop projects that can be completed in 18 - 48 months. Because Lingua Franca Group is continuously engaged with early-stage technology education and project ventures, we are able to pre-qualify projects to support new defense product proposals or augment deficiencies in existing sales requirements.
The use of venture pre-qualification allows for a better understanding of technology, marketing, education, infrastructure and manufacturing needs before the enterprise is created in the purchaser Nation.
Using the Offset-to-Enterprise process, Lingua Franca Group works with the Defense Contractor and the purchaser Nation to ensure offset projects have a clear and defined end-state. The combination of pre-qualified projects, clear and defined end-states, and strong program management teams allow for successful project execution.
What types of projects is Lingua Franca Group working on?
Our team members are currently focused on projects that bring together technology, education and training into business solutions for job creation and venture growth. Lingua Franca Group works across a spectrum of capital sources specific to project needs and goals. Our use of capital translates emerging opportunities into profitable businesses that create employment opportunities while addressing local needs.
In food production, Lingua Franca Group is engaged with a team of partners to increase efficiency of the development of product for export. The goal of this project is to integrate an advance technology into an existing production facility for quality improvement. The increased quality improvement will provide for greater market expansion opportunities and corresponding job creation in the local economy.
In mineral extraction, Lingua Franca Group is engaged with a team of commercial and government partners to demonstrate a new technology-based mineral extraction process. The goal of this project is to construct an in-country pilot plant which will produce mineral and energy by-products at costs lower than current imports. The end target of this project is to scale production to meet domestic needs and provide regional export.