OPERATIONAL & STRATEGIC CONSULTANTS · LEXINGTON, KY

We solve problems.

Praxis helps inventors and growing companies turn ideas, intellectual property and products into revenue — fast, with a no-nonsense approach — so you can get back to your passion.

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[PHOTO: product on a manufacturing line, or Rex working with a client]

20+

years helping companies grow

1,500+

North American vendors in our network

81%

of clients implemented their plan and thrived

Up to 80%

savings through strategic sourcing

SERVICES

From prototype to profit

Every engagement starts with a clear scope and a project management plan built on PMI practice.

01New Product DevelopmentTurn a working prototype into a product that can be manufactured at scale.02SourcingMatched to the right domestic or foreign manufacturer for what, how many and how fast.03Material TestingDurability and validation testing with BeoWolf Testing & Development.04Technology TransferPackage your know-how so a buyer can put it to work the day the deal closes.05Licensing & FranchisingIndependent evaluation and a path to license your patent to manufacturers.06Unused IPIP sitting on a shelf is worthless. We find the market and the route to revenue.07Project ManagementPlans that keep every stakeholder informed, from sourcing to low-run manufacturing.Not sure where to start?Book a one-hour consultation →

HOW WE WORK

Catalytic, not permanent

We make positive change in your project without becoming part of your process.

Step 1AssessA no-fee evaluation of your product, IP or operation — and where the unused value is.
Step 2PlanA clear scope and project management plan with milestones, costs and owners.
Step 3Execute & hand offWe drive the work with our partner network, then hand you a documented, repeatable process.

[PHOTO: new headshot of Rex McDonald]

“We work to get you to a good outcome in almost any situation.”

Rex McDonald · Principal Consultant, Praxis Innovations

For more than two decades, Praxis has helped companies grow out of unfamiliar or difficult situations — finding unused assets that revitalize revenue instead of cutting operations.

Resources for founders and inventors

FundingVenture capital due diligence and economic development programs.PartnersMarketing strategists and USPTO-registered IP professionals we trust.Kentucky start-up ecosystem16 organizations across the state, from UK Innovate to Sprocket Paducah.

Let's talk about your project.

Start with a free evaluation. No obligation, no jargon.

Book a consultation 859-327-8322