March was an exciting month, full of changes and new developments.
In the commercialization ecosystem, all eyes were on the federal and Ontario budgets, which shook up government investment and spending in Canadian business and innovation. In social media, the Stop Kony 2012 campaign went viral, spurring fervent debates between its supporters and critics all around the globe. Facebook also unveiled its new brand pages, leaving many businesses scrambling to update their pages and understand the new format on deadline. We covered all of these subjects and more last month on this blog. If you missed any of our posts, here is a handy roundup.
March 22: What an IP co-ordinator should know, confidentially speaking By David French
March 14: Looking for that sweet spot to get market traction by Francis Moran & Leo Valiquette
March 01: Yikes … we forgot the demo! by Peter Hanschke
And on a related note…
This is the next article in a continuing monthly series chronicling the growth path of NanoScale Corporation, a growing nanotechnology company based in Manhattan, KS that is commercializing various advanced materials and compounds for improving indoor air quality, removing pollutants, and containing and neutralizing hazardous chemicals.
By Francis Moran and Leo Valiquette
Crawford & Co. labels itself as “the world’s largest independent provider of claims management solutions to the risk management and insurance industry.” In other words, it handles insurance claims on behalf of insurers and, with operations in more than 70 countries, it certainly does not lack for scale.
Now a big part of handling insurance claims involves repair, restoration and remediation services. In the U.S. market, Crawford has this base covered with Contractor Connection – a network of about 4,000 general contractors who must continue to meet certain quality benchmarks to remain part of the Crawford network.
Throughout the year, Crawford hosts a number of CAT (for catastrophe) conferences and Contractor Connection events. These kinds of industry events are crucial for NanoScale Corporation to showcase its products before what is often a sizeable captive audience of disaster restoration general contractors and insurance professionals who are in a position to provide a significant boost to its business.
With the convention and tradeshow circuit heating up for a busy spring season, NanoScale Vice President and General Manager Kyle Knappenberger is developing battle plans to measure the effectiveness of the company’s prospecting efforts against cold hard revenues. However, he appreciates the less tangible, but equally important goals of general awareness building and networking with other vendors and product manufacturers.
“These events are places to meet new distributors and new potential partners,” he said. “It’s a meeting of the minds between different manufacturers that can also result in cross-promotion and lead sharing.”
In fact, it was such a “meeting of the minds” which connected NanoScale with a manufacturer that was bringing to market a new air purification unit. The two companies ended up working together to create a new NanoScale OdorKlenz cartridge to fit the unit.