Vlvj corp ppt
- 2. Menu (1) • Vision & Mission • The Van Leer story • Ownership • The entrepreneur journey • Investment strategy • Investment focus • Investment characteristics • Working processes - early stage ventures
- 3. Menu (2) • Portfolio – Current • Portfolio – Graduated • Board Of Directors • Strategy • Mile stones and work plan • Mentoring • Bi-weekly meetings • Deal flow
- 4. Vision • VLTVJ implementing the highest standards of business excellence, decency and ethics, will be the leading early stage investment center for nurturing ventures into a successful and promising companies, strengthen Israel economy and position Jerusalem as a leading technology city.
- 5. Mission • Nurture and grow new ventures with technology innovation and high business potential for becoming thriving business. • Creation of opportunities and business momentum to fulfill the business potential of the companies and secure the companies future.
- 6. The Van Leer story • In 1919 Bernard van leer founded the packaging company which became a world leader and provided him with the means to establish, in 1949, a charitable foundation with broad humanitarian goals. • In 1971, the Bernard Van Leer Foundation was legally established as a charitable organization • It is a private foundation that operates internationally, concentrating its resources on promoting the optimum development of disadvantaged children.
- 7. VLVTJ Ownership • Docor – 70% An industrial Investment foundation Subsidiary of the Van Leer Group Foundation • JDA – 30% The Jerusalem Development Authority JDA Docor
- 8. The entrepreneur journey Home Small Solid Idea Start-up Studio Company Corporation Early Venture Capital Public FFF/Angles Investment Private Stage equity comp’
- 9. Investment Strategy • Excellent entrepreneurs • Deep and innovative technology • Large market potential (>100M$ annual revenues) • Growing markets • Attractive opportunity for future investors • IP – Always with Global potential • Risk control
- 10. Investment Focus • Information technology and security • Industrial applications • Advanced materials and components • Biotechnology (Medical devices, Diagnostics & Pharma) • Cleantech
- 11. Investment Characteristics • Scope of investment: 0.5M$-1.5M$ • Time frame: 24 months • Sources: Docor, OCS, JDA, Strategic Investor • 8 new investments per year • Resources allocation - Lowering risks (R&D, HR, Initial BD)
- 12. Working processes with early stage ventures • BOD – Board of directors • Strategy • Work plan / Mile stones • Mentoring • Special executive training program • Bi-weekly meeting • Van Leer world wide networking • IP • Managing the next funding round • Frameworks agreements • Services • Advanced Labs located in JCE available for our companies
- 13. Van Leer Technology Ventures Jerusalem companies
- 14. Current Portfolio Non-invasive amniotic Mapping of electro-mechanical fluid monitoring activity of the stomach Bio-additive for water Device for construction Insitex resistant paper of branched stent grafts Minimally invasive correction Solutions for device for bunions Dental implants Device to create intraluminal Intrauterine ball for U Ball Medical bypass for colon anastomosis contraception Medical hyperosmotic contact lens
- 15. Current Portfolio Disposable device for 3D ultrasound system for treatment of anal fissure breast cancer detection Small molecule Monitoring, enhancing Promining cancer drugs enterprise software utilization Diagnostics for Software to enable higher Mycoplasma infections computer performance Identification of small molecules in differentiation protocol Blood vessel connector
- 16. Graduated Portfolio Database optimization IT security system technology Malignant tumor Software for online detection kit documentation libraries Customizable domain Foreign object/debris detection specific languages system for runways Detection of micro-organisms in body secretions Compact GPS systems
- 17. BOD - the Board Of Directors • Usually the BOD is based upon 2 directors from the investors, 2 directors from the founding team and an industry expert. • Deployment of a solid technology company management standards • Hands on - Active top-management efforts. • Building strong BOD with the presence of market leaders. • Recruiting Advisory board. • Guiding the CEO to a more effective BOD meetings • The BOD checklist: status report of AI, R&D status, business development status, financial status, IP issues, future funding and strategic issues (road map etc.)
- 18. Strategy • Established thinking process for creating the strategic concepts • Systematic and methodological process: Vision definition, SWOT analysis, Strategic theme, Strategic maps, goals, objectives, initiatives, time/responsibility/resources • Strategic core elements: markets, business models, Partnerships and alliances, Marketplace, Channels, Pricing, Positioning, products, marketing efforts, funding and road map
- 19. Mile Stones and Work Plan • In depth understanding of the venture work plan • Engineering standard reviews – SRR, SDR, PDR, CDR • Guiding the entrepreneurs to define milestones (strategic and tactic) and the achieving way. • Road Map – work plan for 5 years including funding plan for next rounds
- 20. Mentoring • Continuous mentoring from the incubator team • In some cases, we recruit experienced entrepreneur to guide the CEO. • Structured training course for CEO’s focused on the required skills for managing early stage companies: negotiations, risk management project, Regulation and Reimbursement, Business ethics etc.
- 21. Bi-Weekly Meetings • Routine working meetings with the executive team of the ventures together with the incubator team. • The following subjects are being reviewed and addressed: Technical status – general status, subcontractors, Gantt, short term goals Business status – customers status report, partners status report General updates: IP, Regulation, trials, Investors, Human resources, administration, financial
- 22. Deal Flow
- 23. Thank You