Territorial development, venture capital

Résumé du document

If you have a great idea for a business but no money or if you have a small company with potential for tremendous growth but need more funding to make it happen, then you might look for venture capital to help turn your dreams into reality. In 1953, the US Congress voted the small business act and established a governmental agency called 'SBA', standing for small business administration. The objectives of the SBA are to help communities affected by disasters as well as assist the interests of small business concerns. Its role is to provide these communities with loans or be their guarantor for bank loans. In 1958, US Congress voted the small business investment act. It aimed to help the financing and management of the small entrepreneurial businesses in America. Then, in the 1960s-1970s, there was a period of great innovation in scientific sectors. Many new technologies were created in domains such as electronics, medicals applications and data-processing. These major breakthroughs in new technologies were an opportunity for entrepreneurs to launch their own business. Then, as a need for funds followed this entrepreneurial trend, the number of investment firms also increased. In the 1990s, innovation was boosted by the Internet revolution that has been undergoing since. As a consequence, venture capital funds, which are actually a rather modern form of investment entities, are becoming more in number so as to answer to the need for funds to finance start companies.

Extraits

[...] Retrieved in March 2009 from http://blogs.wsj.com/venturecapital/2009/03/13/mobile-app-investors-pickier-ayear-later/ 21 Kraus, M. Opinion: Venture capital for clean tech is in short supply (03/16/2009). Silicon Valley Mercury News. Retrieved in March 2009 from http://www.mercurynews.com/opinion/ci_11927211 Pereira, J. Jeans, Healthy Snacks Draw Investors (03/17/2009). The Wall Street Journal Business. Retrieved in March 2009 from http://online.wsj.com/article/SB123724793703549061.html?mod=googlenews_wsj OTHER DOCUMENTS Canada-based OneChip Photonics secures CAN$ 19.5 M in venture capital (2009). AltAssets, the alternative assets network Private Equity News. Retrieved in March 2009 from http://www.altassets.com/news/arc/2009/nz15474.php European Private Equity & Venture Capital Association (2008). EVCA About EVCA. [...]

[...] the management team d. the project's development stage and financing needs e. contact information of the CEO Write a business plan including a detailed description and a financing plan Send all these documents at as an application to get funds from them 18 Conclusion In order to draw up a conclusion to our presentation about venture capital and venture capital firms, the following paragraphs are aiming to give the latest news, trends, facts and figures about venture capital. Regarding American venture capital funds, it is very noticeable that the bankruptcy of the American economy has greatly affected venture capital firms. [...]

[...] The following step is called start-up. The entrepreneur got the necessary capital to fund his own business and can therefore “start his activities. The word “start to qualify a company, comes from this stage. A start-up company is usually defined as a company with limited history, still seeking a market. Most famous start-ups are the com companies”, created by the time of the Internet bubble. The next step is called ramp-up. It is a stage during which the demand for the product of the company is increasing (the company has either found or created its market). [...]

[...] They use venture capital to finance organic growth. The last stage is called the fourth round or bridge financing. The company has a product, a market, makes profit and has gone bigger. It is now time for getting public. In order get on the stock market they do an IPO (initial public offering) Examples of venture capital firms Kleiner Perkins Caufield & Buyers (KPCB) Overview Kleiner Perkins Caufield & Byers (KPCB) is a venture capital firm located on Sand Hill Road in Silicon Valley. [...]

[...] Retrieved in March 2009 from http://www.evca.eu/about/default.aspx?id=402 Greentech Initiative (2008). KPCB. Retrieved in March 2009 from http://www.kpcb.com/initiatives/greentech/index.htmlKPCB iFund Initiative (2008). KPCB. Retrieved in March 2009 from http://www.kpcb.com/initiatives/ifund/index.html Our funds (2007). Sofinnova Partners, première société de capital risque en France. Retrieved in March 2009 from http://www.sofinnova.fr/our-funds.php Our strategy (2007). Sofinnova Partners, première société de capital risque en France. Retrieved in March 2009 from http://www.sofinnova.fr/our-investmentstrategy.php 22 Portfolio companies (2008). KPCB. Retrieved in March 2009 from http://www.kpcb.com/portfolio/portfolio.php?communication Seeking financing (2007). [...]