slide1 n.
Download
Skip this Video
Download Presentation
UK Oil and Gas Industry Venture Capital Fund

Loading in 2 Seconds...

play fullscreen
1 / 22

UK Oil and Gas Industry Venture Capital Fund - PowerPoint PPT Presentation


  • 82 Views
  • Uploaded on

UK Oil and Gas Industry Venture Capital Fund. Nova Technology Fund. SUBSTANTIAL IMPACT ON COSTS OR HSE IN THE NORTH SEA BRITISH IDEAS TO BRITISH PRODUCTS CASH RESOURCE TO SMES TECHNICAL & BUSINESS MENTORS. What VCs Want. INNOVATIVE PRODUCTS / SERVICES EXPERIENCED MANAGEMENT TEAM

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'UK Oil and Gas Industry Venture Capital Fund' - cyrus-walter


Download Now An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
slide1

UK Oil and Gas Industry

Venture Capital Fund

nova technology fund
Nova Technology Fund
  • SUBSTANTIAL IMPACT ON COSTS OR HSE IN THE NORTH SEA
  • BRITISH IDEAS TO BRITISH PRODUCTS
  • CASH RESOURCE TO SMES
  • TECHNICAL & BUSINESS MENTORS
what vcs want
What VCs Want
  • INNOVATIVE PRODUCTS / SERVICES
  • EXPERIENCED MANAGEMENT TEAM
  • PROPRIETARY IPR
  • CLEAR ROUTE TO MARKET
  • SUSTAINABLE BUSINESS PROPOSITION
  • EXISTING REVENUE STREAM
what about my company
What about my company?
  • Some companies are life-style businesses
  • (Good living & job satisfaction but unlikely to supply the growth & ROR)
  • Entrepreneurial businesses have aspirations and good potential for growth. (They have experienced and ambitious teams)
normal development is about 6 years to a mature company
“Normal” Development is about 6 years to a Mature Company

MATURITY

GROWTH

EXPANSION

SIZE

EARLY STAGE

START-UP

SEED

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

YEAR 6

business development focus high growth means rapid change
Business Development Focus(High Growth Means Rapid Change)

Competition

Marketing

Relative Importance

Operations

Technology

Seed

Start-up

Early Stage

Expansion

Growth

Maturity

innovation in the north east
Innovation in the North East
  • 40% BELOW UK MEAN (DTI)
  • 33% LESS SPEND ON R&D (DTI)
  • 32% LESS GRADUATES IN WORKFORCE (DTI)
  • HISTORY OF HEAVY INDUSTRY
  • OVER RELIANCE ON INWARD INVESTMANT
  • POLITICAL FOCUS ON JOBS NOT INNOVATION OR VALUE
typical company profile
Typical Company Profile
  • Based in Aberdeen, Edinburgh-Glasgow belt or London area
  • Less than 3 years old
  • Independent, not a member of a trade federation
  • High proportion of university graduates in team
  • 15% chance of a university spin-off
  • Probable SMART award
guidelines for success
Stick to the knitting

Common philosophy, goals & quality standards

Avoid information overload

Build your team

Cash flow

Anticipate problems

Keep investors & advisors informed

Watch your costs

Do not anticipate sales

Develop a network

Look for opportunities but discuss with investors.

Guidelines for Success
technology maturity
Technology Maturity

Mature Technology

70%

Ready to use

30%

Development

Research

Idea

nova technology fund1
Nova Technology Fund

Barry Hood

E-mail: barry.hood@novafund.co.uk

www.novafund.co.uk

Nova Technology Fund

Exploration House

Aberdeen Offshore Technology Park

ABERDEEN AB23 8GX

Tel: 01224-705741

Fax: 01224-705841