Our Target Clients

Third Trimester Venture Management focuses only on early stage biotech, life sciences, and healthcare companies. From our experience, it is apparent that there is a need for a broad range of outsourced management services for the emerging companies in this arena. Many early staged companies are housed in incubators, which are generally well funded and managed, but lack the direct access to senior executive operational management that could aid their clients' success. Third Trimester fills this void with an affordable services model. We can also link these services to early stage or seed capital investment funding.

A third trimester company is one that has developed its business concept to the point of realizable potential. The difference between accelerated growth or inertia turns on the ability to shift focus from development to operational excellence. At this critical juncture, emerging companies need the greatest level of executive management support and guidance to transfer realizable potential into demonstrable, predictable and repeatable operational performance. Unfortunately, this usually occurs at a time when executive talent can least be afforded or even attracted. At Third Trimester Venture Management we bring management talent and early stage funding together in a package of services that is customized to your business's current needs.

Our Services

We are a solutions management company. Therefore, our range of offerings are packaged and tailored to the individual needs of our client companies. Our bandwidth of services includes, but is not limited to, the following:
 

Our Method

Upon being retained for services, Third Trimester will meet with the leadership team of the early stage company. A clear understanding of the timelines, resources, progress to date, potential threats to success and needs assessment will be done. A collaborative understanding of both the short term and long term objectives of the company’s goals will be created. Financial metrics that are linked to the behaviors that are most critical to success and the earnings objectives of the business will be identified. Monthly and Quarterly reporting tools will be developed for tracking and managing the development and growth of the business.

Third Trimester will then work with the leadership team of the early stage company to create an updated business plan. This plan will include, but not be limited to, the following:

• A Timeline of Activities and Critical Milestones Required for Success
• Risk Assessment of What Can Derail or Limit Achieving the Desired Objective
• Organizational Review and Staffing Recommendations
• Market Analysis That Confirms and Reconciles Desired Objectives With Real Market Potential
• Expense and Capital Burn Rate Review and Analysis
• A Sales and Marketing Plan Review That Incorporates Creating a Sales Process and Forecasting Tools
• Identification of Efficiencies and Synergies That Expedite Ramp-Up Timelines and Control Costs
• Financial Reporting Tools Will Be Created for Managing and Controlling Expenses
• Gap Leadership and Management Needed for Execution of Objectives Will Be Identified

At Third Trimester, we understand the need for high levels of communication. Our team will work closely with the leadership team of your early stage company and will provide written monthly and quarterly updates. It is our goal to marry the interests of the early stage entrepreneurs, their investors and the true market potential of the endeavor, to create maximum impact and results in a timely, orderly and financially prudent fashion.