initiative to encourage economic growth at all levels through entrepreneurship and innovation. Corporate Venturing UK has been designed to stimulate use of corporate venturing by educating businesses and providing a market place and administrative resource for establishing corporate venturing deals. Our objective is to provide a web based 'shop window', which companies looking for corporate venturing opportunities can access to locate partners matching their requirements.
5. How does Corporate Venturing UK operate?
We do not broker deals ourselves. The service we offer our customers is access to a confidential web-based shop window where corporate venturing partners can be identified. The service provides tools and information to help companies. A key part of company registration is the choice of an independent adviser to assist them with the process.
Registered users promote opportunities and post details of the attributes they can offer and what they seek in a partner. Once they find an appropriate opportunity they can initiate contact and decide if a joint venture is viable. The system is clear and self-explanatory and the whole
process takes place anonymously until both parties agree to meet.
6. How are partnerships negotiated?
Small companies approaching Corporate Venturing UK will initially provide basic information about their requirements. They will then select an independent adviser who will help them to prepare a concise description within a template, of the company and what they are seeking, before they "go live" on the system. The system will then provide a range of potential "matches" that meet their criteria..
Once a company (large or small) has located a potential partner with the skills or resources they are looking for, their adviser will then takes the first step in arranging a meeting to determine areas of common interest. Confidentiality is maintained until both parties agree that their identities can be revealed to the other. Negotiations continue until the deal is agreed and completed. The adviser protects the interests of his client and helps maximise the value of the joint venture.
7. Why do companies need an adviser?
Experience counsels that corporate venturing deals, while potentially highly beneficial, are nonetheless complex. The input of a
