When equity is exchanged for services, there is a fair market dollar amount associated with the shares received. This is considered phantom income as there are taxes owed on the shares vested. We are proposing an incentive program where student-athletes receive tax credits as a break that allows them to assist business growth without having the immediate tax burden. 

BILT is identifying promising technology developed with the billions of dollars invested into research at higher ed institutions. The problem with this investment into research is the professors who develop the technology typically lack the time and interest in operating a business that brings the tech to the public. That is where BILT steps in and arranges former athletes (who did not benefit from NIL) to utilize their natural skills to lead the business venture in an environment overwatched by the BILT team. We propose funds to invest in educational resources that sharpen their business acumen and lead to higher success rates.

Our business ventures require services to prototype, scale, and manufacture their products as their business accelerates. The BILT model creates an ecosystem where state vendors are hired for these services which stimulates their operations while also building our ventures into higher level employers. We are proposing an influx of state capital to this operation as we bring more business opportunity to the state. BILT will leverage relationships with university groups, centers, and programs to receive goods and services that grant experience to future workforce.