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Dk update-jan2013


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update for Declan Kavanagh, what I have been doing 2012 and 2013 Plan

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Dk update-jan2013

  1. 1. Hi All, many friends and colleagues have asked me what am I up to over the last year or two? And how is itgoing? And as many of you know though I am a great fan of social media, However I am not living my life onFacebook but use LinkedIn extensively for business only, so I decided to do this short update and point thosethat are interested to it.For most of 2012 I have been working with several starts up’s I have a small equity interest in, I split my timeabout 70/30 doing 30% pro-bono enterprise development and entrepreneur support as well as writing a book.In 2013 I plan to do more consulting or take a job if I find the right role to reduce the savings burn rate and topup my pension.The companies I have an interest in:-Digiprove: - Unique patented technology to secure the integrity of any digital content and provide irrefutableevidence of its integrity at any time on or off line. It has particular value in compliance with eCommerce acts,Digital signing legislation, and regulated industries. It also has high value in eDiscovery and digital evidenceprotection. Progress has been good with continuous growth in users, revenues, and new application areasTradersNow:- A spin out from DIT has developed a decision support system based on a neural networkprocessing a range of financial signals we have pre-processed with proprietary algorithms and enabling astatistical advantage to traders of financial instruments. Initial focus is on Foreign exchange trading. Thesystem is now live and in real world testing and beta clients are being engaged. Is likely I will exit this venturein the near future as there is a misalignment between my standards and approach and those of Initially set up to promote best practice in Organisation development and the use of theHOMI model, has been expanded to include new management models developed and entrepreneurship. Thisis currently a not-for profit venture.In the past 12 months I have done very little billable advisory work by choice, I have done quite a bit of pro-bono work helping the entrepreneurial community, entrepreneurs and general business development that canlead to jobs. Here are just a few things that kept me busy  Coaching and mentoring o A Tidal Marine Turbine Start Up in NI o An eBusiness start up looking to scale o Services ERP start up  IBM Smart-Camps mentor & Judge  ISA Awards and Preparing applicants for venture funding pitches  Socitm – Committee member and facilitating International knowledge sharing  InterTrade – entrepreneurs Master Classes and mentoring  EI Business partner – Spin out potential from SFI funded research in the main research clusters across Ireland DERI, Clarity, etc.Plan for 2013  Continue to support the companies I have small investments in  Re start an income stream  Publish my book “Roadmap for entrepreneurs”  Continue to contribute to enterprise development and entrepreneur support