Financing instruments for technology business incubators
Transcript of Financing instruments for technology business incubators
Financing Instruments for Technology Business Incubators
A panel discussion with a team of specialists
VentureCapital
Time
BusinessGrowthPhase
FundingSources
Owner’sCapital
GovernmentSources
Private Equity
AngelFunders
Bank & SpecialisedFinance
Seed
Start-up
Early Stage
Growth
Expansion
SustainedGrowth
Open Market(IPO/ Listing)
Risk
Asset Base
Business Growth Phases
VCOwner
Government
PEAngel
Banks/ Mez
IPO
A financial award from government that is
not necessarily subject to interest,
revenue sharing, equity or payback.
Can be recouping (spend & recover),
matching funding or upfront grant.
Government Sources
Public Funding Sources (Tech Focused)
Private Funding Sources
Private Funding Sources
VCOwner
Government
PEAngel
Banks/ Mez
IPO
A private individual who invests his or her
own money in an entrepreneurial co.
They provide funding and sometimes
expertise, in exchange for an equity share
of the business.
3 F’s: Friends, Family, Fools
Angel Groups/ Networks
Angel Investment
Government
PEAngel
Banks/ Mez
IPO
Predominantly equity funding of high
growth-potential businesses to
commercialize/ scale rapidly
Provides equity funding, skills,
experience, networks and shares riskThe VC Funder
The Investee Co
Exchanges shareholding and
autonomy to gain a growth partner
VCOwner
Venture Capital
Section 12J VCC
• Tax incentive for qualifying investors
• Legislation was promulgated in 2009
• Initial uptake was limited
• 2015 positive changes
• Currently 32 VCC’s registered
Business Incubators/ Accelerators
Programmes designed to support the successful development
and/or acceleration of entrepreneurial companies
through an array of business support resources and services
CrowdFunding ?
Collective effort of individuals who network and pool their
resources, usually via the Internet, to support efforts initiated by
other people or organizations.
Corporate Venturing
When a corporate takes a large equity stake in, or enters into a joint
venture arrangement with, a small but innovative co.
Objective = to gain a specific competitive advantage/
unlock synergies
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ALLON RAIZBARLOW MANILAL
BEN BIERMANJAYESH RAVJEE
JEFF MILLEROCTAVIUS PHUKUBYE
REBONE MAJOLASETLAKALANE MOLEPO
THAKHANI MAKHUVHA
Panelist