Presenter:
Tom McKaskill, CPA, Ph.D
Only a small percentage of emerging companies will be
successful at raising venture capital. Venture capital
firms are very demanding when it comes to evaluating
potential investments as they need to achieve a return on
their investment of over 25% over a relatively short period
of time. Unless the venture can present a compelling case
for the investment it is unlikely that they will ever get
the chance to present to a VC firm.
Raising venture capital requires the firm to understand the
manner in which VC works and the restrictions and
interventions which come with the investment. The business
case must be exceptional and will almost certainly have to
demonstrate high potential growth supported by protected
intellectual property, a strong management team and a clear
competitive advantage. Even with these advantages the
venture will still need to gain access to the right VC
firms and will need to develop the right relationships with
quality professional advisors to gain introductions to VC
firms.
Professor McKaskill has developed a pragmatic venture
capital financing strategy for a high growth
entrepreneurial firm. This process helps the emerging firm
test whether they have the necessary characteristics to
secure VC and steps them through the activities which they
will need to undertake to prepare their firm for a VC due
diligence and subsequent investment.
This workshop takes the entrepreneur through a planning
process which enables them to create a strategy for raising
VC for their own business. The workshop provides the
entrepreneur with a firm knowledge of what venture capital
firms are seeking and the process they need to go through
to prepare a firm for a venture capital raising process.
Duration:
Full day with breaks for
coffee and lunch.
Attendees:
Entrepreneurs, Business
owners and their Directors, business advisors and senior
management teams. The workshop provides an opportunity for
each attendee to score themselves on a planning worksheet
which sets out the actions they need to take to enhance
their attractiveness to a venture capital firm. Each
attendee needs to acquire the book before the workshop and
should read Part A before attending. The book provides the
detailed questions for the worksheet. This format can be
used for up to 200 attendees.
Format:
Lecture style with attendees
grouped on tables of 4 – 10. Time is given for worksheet
completion and questions and answers at each stage.
Further
Information: Participants should read the ebook
written by Professor McKaskill on this strategy.
Book:
Participants should acquire
the ebook written by Professor McKaskill on this strategy.
McKaskill, T (2009), Raising Angel & Venture Capital
Finance - An entrepreneur's guide to securing venture
finance, Breakthrough Publications, Australia. Available
free at www.drexit.net
