Associations find that adding seed money and business consulting can speed development of products and services to help membersThere's no shortage of venture-capital funding. In fact, there's a flood of it. For the most part, it's strictly profit driven, and there's no guarantee that the companies that emerge will address your industry's challenges. But associations can get into the game with a mission- driven approach that helps develop technologies tailored to members' needs, keeps the association relevant, and makes money, too. Companies fostered by association investments have been spun out, acquired and even listed on stock exchanges after initial public offerings. Of… Read More