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Vlvj
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- 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 • VLTVJimplementing 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 • Nurtureand 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 Leerstory • 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 Idea Home Studio Start-up Small Company Solid Corporation FFF/Angles Early Stage Venture Capital Investment comp’ Public Private equity
- 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 Insitex U Ball Medical Non-invasive amniotic fluid monitoring Bio-additive for water resistant paper Minimally invasive correction device for bunions Device to create intraluminal bypass for colon anastomosis Medical hyperosmotic contact lens Mapping of electro-mechanical activity of the stomach Device for construction of branched stent grafts Solutions for Dental implants Intrauterine ball for contraception
- 15. Current Portfolio Promining Disposable device for treatment of anal fissure Small molecule cancer drugs Diagnostics for Mycoplasma infections Identification of small molecules in differentiation protocol Blood vessel connector 3D ultrasound system for breast cancer detection Monitoring, enhancing enterprise software utilization Software to enable higher computer performance
- 16. Graduated Portfolio Databaseoptimization technology Malignant tumor detection kit Customizable domain specific languages Detection of micro-organisms in body secretions Compact GPS systems IT security system Software for online documentation libraries Foreign object/debris detection system for runways
- 17. BOD - theBoard 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 • Establishedthinking 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 andWork 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 • Continuousmentoring 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 status, legal issues etc.
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