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PRESS RELEASE
Brite Idea Lab launches new “match” portal connecting Entrepreneurs to Corporate America

Atlanta, GA, December 12, 2018 - Brite Idea Lab, a Georgia corporation, is empowering today’s Internet connected world matching entrepreneurs to resources, based on their specific NEEDS, then managing the engagement once the connection is established.The Match process connects “Submitters” (inventors, entrepreneurs, students, small business owners based on NEEDS with “Collectors” (corporations, organizations, education, government and business service providers) based on what they are looking for or services they provide.Founder, Larry White, stated that Brite Idea Lab grew out of the need to connect Entrepreneurs with Corporations recognizing the diversity that exists finding resources based on the stage of growth from an idea to a fundable series A or B round company. Corporations have the resources and infrastructure to scale “Ideas.” Their challenge is generating ideas internally and from the external entrepreneurial community. Conversely, entrepreneurs have no clear conduit to submit ideas to corporate America or other resources providing services to grow early stage small business ventures.Brite Idea Lab provides both a Public-facing and a private-branded internal “match” platform to manage the pipeline of innovation coming from external and internal resources.The proprietary Matching Algorithm extends today’s advanced search engine processes where “Ideal” candidate sets are automatically delivered based on members business credentials, needs and match preferences. Matches can be distilled to validate the fit, request connection for more details and then followed in the members back office to establish an automatic dialogue and notification going forward.

Portfolio Management enables both parties to group and store profiles and ideas in their back office to evaluate, incubate, curate, and most importantly, “Dispatch” to ideas downstream to other colleagues or business units.

Brite Idea Lab provides a modern cloud-based pipeline management solution for business, organizations, universities and government to “collect” Innovation based on their specifications from employees and the outside grass roots entrepreneurial world. Conversely, Brite Idea Lab enables “submitters” to confidently post multiple ideas, without giving away their IP, to find resources in today’s global Internet world based on “Matching” their needs.

About Brite Idea Lab Brite Idea Lab is the technology subsidiary of Corporate Foundry providing 21st Century FastTRAK Innovation solutions for Corporate America. FastTRAK provides the methodology to assess the current Innovation PROCESS, PROGRAMS and PIPELINE management. For more information on Brite Idea Lab go to www.briteidealab.com . For Corporate Foundry go to www.corporatefoundry.com .     

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PRESS RELEASE

Brite Idea Labs Partners with the Ritz Group to Launch eco-System Network for Georgia


Atlanta, GA,
December 12, 2015 - Brite Idea Lab, a Georgia corporation, is launching a new program to make Georgia the first state with a state-wide network connecting Entrepreneurs with the State’s corporations, business resources, organizations, universities, and government resources.

The new network, known as GBIN (Georgia Brite Idea Network), goal is to connect Georgia’s entrepreneurs, inventors, students and small business owners, based on “needs,” to the State’s 47+ Fortune 1000 corporations (plus others), 60+ Universities, 16 SBDC’s, Government Agencies and 20+ organizations in Georgia’s entrepreneurial eco-system.

The GBIN solution is a modern day Match-Engine, extending today’s search processes where “Ideal” candidate sets are automatically delivered based on members business credentials, needs and match preferences. Matches can be distilled to validate the fit, request a connection for more details and then followed to set up an automatic notification going forward.

More importantly, the companion to matching “submitters” with “Collectors” is Portfolio Management once the connection is validated. This enables both parties to group and store profiles and ideas in their back office to evaluate, incubate, curate and most importantly “Dispatch” to ideas downstream to other colleagues or business units.

Larry White, President and CEO of the Ritz Group Organization, stated that the Ritz Group is pleased to support promoting GBIN because Georgia has so much state-wide Entrepreneurial resources with support from the Governor, Atlanta and Alpharetta Mayors, world-class Corporations, Innovation Foundry’s, incubators, accelerators, plus new Entrepreneur Degree Programs evolving throughout the University System. Missing is the infrastructure to connect these resources and foster collaboration to accelerate growth, job creation, as well as serve as proof-item that Georgia is a leader in small business growth.

GBIN is hosted on Brite Idea Lab. Brite Idea Lab provides a cloud-based pipeline management platform for business, organizations, universities and government to “collect” Innovation based on their specifications from employees and the outside grass roots entrepreneurial world. Conversely, Brite Idea Lab enables “submitters” to confidently post, without giving away their IP, to find resources in today’s global Internet world based on “Matching” Needs.

The GBIN Program is scheduled to officially launch January 1, 2016 with soft-launch in December 2015. For more information on GBIN go to GBIN@briteidealab.com <mailto:gbin@briteidealab.com> </mailto:gbin@briteidealab.com>

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RITZ GROUP

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