Presentation is loading. Please wait.

Presentation is loading. Please wait.

© www.gate2growth.com 2002- page : 1 By Uffe Bundgaard-Jørgensen, Ph.D. CEO & Partner Forum Binary Venture Capital Bucharest September 26, 2003 ROMEXPO.

Similar presentations


Presentation on theme: "© www.gate2growth.com 2002- page : 1 By Uffe Bundgaard-Jørgensen, Ph.D. CEO & Partner Forum Binary Venture Capital Bucharest September 26, 2003 ROMEXPO."— Presentation transcript:

1 © page : 1 By Uffe Bundgaard-Jørgensen, Ph.D. CEO & Partner Forum Binary Venture Capital Bucharest September 26, 2003 ROMEXPO Nicolae Titulescu Hall The Gate2Growth initiative and finding investors in a difficult market

2 © page : 2 Background

3 © page : 3 Back ground March 2000, Lisbon European Council The goal of the Union was formulated: –To become the most competitive and dynamic knowledge based economy in the world, capable of sustainable economic growth with more jobs and greater social cohesion by 2010.

4 © page : 4 Reformulated at the Barcelona European Council 2002: R & D investments must be increased from present level of: 1,9 % of GDP To: 3 % of GDP in 2010 Business funding should take a greater part From: –56 % of total R&D investments To: – 75 % of total R&D Investments A proportion already achieved in the US:

5 © page : 5 Sixth Framework Programme € 17,5 Billion available for European Research –20,9 % for life Science, Genomics and biotechnology –32,1 % for Informations Society technologies –11.5 % for Nanotechnologies and nanoscences –9,5 % for Aeronautics and space –6,1% for Food safety and quality –18,8 % for Sustainable development, ecosystems –2 % for knowledge-based society And –All this research should also result in new business and business activity! –It is the objective, that 15 % goes to SME´s

6 © page : 6 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D Search for funding Death Valley

7 © page : 7 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

8 © page : 8 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

9 © page : 9 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

10 © page : 10 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

11 © page : 11 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

12 © page : 12 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

13 © page : 13 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

14 © page : 14 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

15 © page : 15 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

16 © page : 16 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

17 © page : 17 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

18 © page : 18 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

19 © page : 19 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

20 © page : 20 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

21 © page : 21 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

22 © page : 22 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

23 © page : 23 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

24 © page : 24 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

25 © page : 25 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

26 © page : 26 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

27 © page : 27 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

28 © page : 28 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

29 © page : 29 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

30 © page : 30 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

31 © page : 31 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

32 © page : 32 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

33 © page : 33 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

34 © page : 34 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

35 © page : 35 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

36 © page : 36 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

37 © page : 37 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

38 © page : 38 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

39 © page : 39 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

40 © page : 40 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

41 © page : 41 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

42 © page : 42 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

43 © page : 43 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

44 © page : 44 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

45 © page : 45 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

46 © page : 46 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

47 © page : 47 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

48 © page : 48 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

49 © page : 49 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

50 © page : 50 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

51 © page : 51 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

52 © page : 52 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

53 © page : 53 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

54 © page : 54 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

55 © page : 55 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

56 © page : 56 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

57 © page : 57 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

58 © page : 58 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

59 © page : 59 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

60 © page : 60 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

61 © page : 61 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

62 © page : 62 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

63 © page : 63 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

64 © page : 64 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

65 © page : 65 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

66 © page : 66 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

67 © page : 67 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

68 © page : 68 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

69 © page : 69 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

70 © page : 70 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

71 © page : 71 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

72 © page : 72 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

73 © page : 73 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

74 © page : 74 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

75 © page : 75 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D VC financing ? Death Valley Business plan and And early search for Exploitation financing Seed Financing

76 © page : 76 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D Death Valley Business plan and And early search for Exploitation financing Seed Financing VC financing ?

77 © page : 77 Death Valley FP4 FP5 FP6 EUREKA Other Research funding R&D Death Valley Business plan and And early search for Exploitation financing Seed Financing VC financing ?

78 © page : 78 The Gate2Growth initiative

79 © page : 79 Gate2Growth.com is a portal to networks of Entrepreneurs, Investors, Service Providers and Thematic Networks backed by the European Commission. Entrepreneurs Investors Service Providers Thematic Networks Matching The Gate2Grwoth initiative is a portal

80 © page : 80

81 © page : 81...a service and a large Network EIC IRC BIC EBN Gate2Growth network Finance Academia Finance Academia Eurotech Data Eurotech Data I-TEC Network I-TEC Network Proton Network Proton Network Incubator Forum Incubator Forum Business Angel Networks Commercial partnerships Business Angel Networks Business Angel Networks Commercial partnerships Commercial partnerships Other EU related networks Matching service Project and Investment opportunities Investor Database Service Provider Database News / Events / Forums

82 © page : 82 The Gate2Growth services

83 © page : 83 Gate2Growth services in a glance The Gate2Growth key services are adressing: –Entrepreneurs Identify relevant investors with the right ”profile” Provide Business Plan diagnostics Prepare entrepreneurs for investor contacts and meetings Identifying co-investors –Investors Access to deal-flow which match investor preferences Pre – screening / ”gatekeeper” services Investment services for investor portfolio companies Syndication partners

84 © page : 84 The VC selection process 500 new deals/year Screening process 2 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Unsolicited deals

85 © page : 85 The VC selection process 500 new deals/year Screening process 2 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Solicited deals

86 © page : 86 Helped by Gate2Growth 500 new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth

87 © page : new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth

88 © page : new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth

89 © page : new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth

90 © page : new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth

91 © page : new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth

92 © page : new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth

93 © page : new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth

94 © page : new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth

95 © page : new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth

96 © page : new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth

97 © page : new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth

98 © page : new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth

99 © page : new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth

100 © page : new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth

101 © page : new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth

102 © page : new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth

103 © page : new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth

104 © page : new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth

105 © page : new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth

106 © page : new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth

107 © page : new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth

108 © page : new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth

109 © page : new deals Screening process 3 min/deal 250 selected deals 150 selected deals 10 min/deal 20 min/deal 50 analysed deals 5 Hours/deal 25 negotiation 5-10 investments 10 Days/deal 490 rejected deals 1 month/investment Projects screened by Gate2Growth Helped by Gate2Growth

110 © page : 110 Traditional investor search process - Lengthly - Costly - Tie up ressources 30 – 50 Potential investors 10 – 15 Relevant investors 3 – 5 Interested investors Investment Month 1Month

111 © page : – 70 Potential investors 20 – 25 Relevant investors 4 – 6 Interested investors Investment Online screening and matching Semi Automated matching Personal assistance to matching Month 1 Month * Reduced search cost * Improved hit ratio Gate2Growth.com matching services * Shorter time to investment

112 © page : 112 Market development and concequences

113 © page : 113 Amounts invested (€ bn) Leading to a dramatic increase of European VC Investments over the same period. Source: EVCA 2001 Yearbook Reform of European national pension schemes Low interest rates High volatility of public equity Increasingly attractive returns Proliferating European (and US) VC success stories....an exiting market development !

114 © page : 114 Large deal flow ! Number of deals

115 © page : 115 ”.com ” - SAD NEWS ! Share price index for Internet shares

116 © page : 116 Partially due to ”dotcombustion” Yahooooooooooooooo Market value in Bn USD

117 © page : 117 % early stage / later stage

118 © page : 118 Funds raised (blue) and amounts invested (€ bn) Despite abundance of VC capital Source: EVCA statistics VC´s have become more critical ! Requires better Business Plans ! Looking for more syndication ! Wants to secure next round financing from the start ! Do not accept high pre- money valuations ! Entrepreneurs have to give up more shares to attract sufficient funding !.. This changed the market conditions !

119 © page : number of deals declined

120 © page : 120 Stagnation and growth Number of deals, source Tornado Insider

121 © page : 121 Specific sectors are declining Number of deals, source Tornado Insider

122 © page : 122 Other sectors are growing Number of deals, source Tornado Insider

123 © page : 123 Average deal size is declining Deal size, Source Tornado Insider

124 © page : 124 Average deal size ( growth sectors) Deal size, Source Tornado Insider

125 © page : 125 All in all a decling in deal size Deal size, Source Tornado Insider

126 © page : 126 The Matching proces and services

127 © page : 127 The Matching process 1) Entrepreneur/Business ”quality check” - Diagnostic of the business plan - Check on technology and market - Check on enterpreneur/management ”quality” 2) Investor identification - Identification of potential investors via Database - Shortlist of investors after - analysis of investment manager profiles - type of portfolie companies 3) Action plan to be discussed with the Entrepeneur 4) Investor contact - by phone - participation in introduction meetings

128 © page : 128 Protected area Display window Elevator pitch Business Plan Gate2Growth team Request for diagnostic Diagnostic Feed back Dataroom WEB based tool and service available Investor Investors Identification of investors

129 © page : 129 Company profile

130 © page : 130 Utilizing the extensive network IRC EIC BIC EIC IRC BIC EBN Gate2Growth network Finance Academia Finance Academia Eurotech Data Eurotech Data I-TEC Network I-TEC Network Proton Network Proton Network Incubator Forum Incubator Forum Business Angel Networks Commercial partnerships Business Angel Networks Business Angel Networks Commercial partnerships Commercial partnerships Other EU related networks Matching service Project and Investment opportunities Investor Database Service Provider Database New / Events / Forums

131 © page : 131 Different sources of financing Seed Start-up Development Growth/ Expansion. M&A/Restructuring Capital requirement FFF Bank loans Business Angels Classical Venture Funds Corporate investors/ Large VC funds IPO/ Stock Markets

132 © page : 132 Flow of capital Investors -Pension Funds -Insurance companies -Banks -Corporations -Private wealthy people -Others Real estate VC funds Bonds Quoted stocks Private equity G e n e r a l S a v i n g s

133 © page : 133 VC´s Investor’s choice in the VC industry MBO Funds Seed Funds Later stage’ Funds Early stage funds Technology funds

134 © page : 134 Performance (up to 2001) MBO Funds Seed Funds Later stage’ Funds Early stage funds Technology funds EVCA 5 years 16,3 % IRR EVCA 5 years 33,1 % IRR US 5 years 5,1 % IRR US 5 years 14,9 % IRR US 5 years 20,7 % IRR US 5 years 50 % IRR US 5 years 33,2% IRR EVCA 5 years 12,4 % IRR

135 © page : 135 Consequences for investors Management company Investor Investors Fund II Fund I Porteføljeselssskaber Portfolio companies Porteføljeselskaber Portfolio companies

136 © page : 136 Consequences for investors Management company Investor Investors Fund II Fund I Porteføljeselssskaber Portfolio companies Porteføljeselskaber Portfolio companies

137 © page : 137 Consequences for investors Management company Investor Investors Fund II Fund I Porteføljeselssskaber Portfolio companies Porteføljeselskaber Portfolio companies

138 © page : 138 Consequences for investors Management company Investor Investors Fund II Fund I Porteføljeselssskaber Portfolio companies Porteføljeselskaber Portfolio companies

139 © page : 139 coordinates Belgian office Address : St.-Jacobsmarkt 9-13 c/o Suite SJ-306 B-2000 Antwerpen Phone : +32 (0) Fax : +32 (0) Danish office : Address : Hvidørevej 79 DK-2930 Klampenborg Phone: (+45) Fax : (+45) Mobile: (+45)


Download ppt "© www.gate2growth.com 2002- page : 1 By Uffe Bundgaard-Jørgensen, Ph.D. CEO & Partner Forum Binary Venture Capital Bucharest September 26, 2003 ROMEXPO."

Similar presentations


Ads by Google