Corporate venture capital has established itself as a significantsource of both money and value.
Washington, DC (PRWEB) June 24, 2014
GLOBAL 1000: MEET | PARTNER | DEAL PORTFOLIO SHOWCASES & CONFERENCE
A Disruptive Conference Series for Corporate Venture Capital and Portfolio Holders (like VCs, Angels, Universities, and Accelerators)
Corporate venturing has started a new chapter with most of the largest global corporations now having some type of venturing activity. There are reportedly over 900 corporate venture groups with many only recently having started their programs. Global corporate venturing is the fastest growing venturing activity with already about $100 billion in venturing assets and more than $3.5 trillion in corporate revenues. Jack Leeney, US Head of Investing of Telefonica Ventures, states "Corporate venture capital has established itself as a significant source of both money and value. As of Q1 this year, CVC accounted for 1/3 of a record $10 billion invested across the asset class according to CB insights. Growth companies acknowledge the value of a diverse syndicate that can deliver more than just capital." And in Corporate Venturing, an article in the Harvard Business Review, Josh Lerner found that “the data show that well-managed corporate venture funds can hold their own with independent VC firms, and even outperform them."
Tony Stanco, Executive Director of The National Council of Entrepreneurial Tech Transfer (NCET2) says: “We have been working with the Global 1000 for a few years and they have been requesting a new venue specifically focused on the Global 1000 and their evolving venturing models for doing deals with innovative companies and portfolio-holders. We have documented that the Global 1000 currently use eleven wide-ranging models for venture transactions: early/late stage investing, partnering, joint venturing, co-developing products, incubation, providing favored access to their customers, product sourcing, white labeling, revenue sharing, distributor agreements, and mergers & acquisition."
To address this exciting, new venture area, NCET2 announces the 3rd Global 1000: Meet | Partner | Deal Portfolio Showcases & Conference on September 30 and October 1 in San Mateo, California. The conference brings together some of the world's most active corporate venture companies to do deals with university, angel investor, VC and accelerator portfolio-holders. Thousands of portfolio-holders across the country have invested in tens of thousands of innovative companies that are interesting to the Global 1000; this is the first conference series to help portfolio-holders meet Global 1000 corporates to discuss their portfolio companies and do deals.
Global 1000 corporate speakers at the conference include: Sabic, Evonik, GE Energy Ventures, Novo Nordisk, Air France-KLM, Siemens, Reckitt Benckiser, The Dow Chemical Company, Schlumberger, Volvo Group Venture Capital, BD Technologies, Telefonica Ventures, Solvay Capital, Faurecia, IBM, BASF, Intel, SKTA Innopartners, DSM, Saudi Aramco, EMC, ABB Technology Ventures, Monsanto, Waste Management Inc., Roche Molecular Systems, and EMD Serono.
The conference features exciting panels discussing current trends of corporates working with portfolio-holders, including:
1. Evolution of Corporate Venture Models
2. Corporates With Their Own Accelerators
3. Corporate-to-Corporate Deals and Transactions
4. VCs Partnering with Corporates
5. Angels as Deal Sources for Corporates
6. Accelerators as Deal Sources for Corporates
7. Universities as Deal Sources for Corporates
8. State Innovation and Startup Ecosystem
What some Global 1000 executives are saying about the Global 1000 Conference:
Barbara Araneo, Conference Committee Member and Director of Strategy and Sourcing in the Diabetes Research Unit, Novo Nordisk says, "The Global 1000 conferences are unique. These highly interactive networking meetings successfully bring the innovators based in universities and start-up companies to the investors from larger corporations, venture and angel investors. The conferences are well balanced."
Albert Lauritano, Director of Technology Licensing & Collaboration, BD Technologies says, “Global 1000 meetings are a great opportunity to bring technology innovators, investors and entrepreneurs together with potential global corporate partners for productive two-way dialog and deal-making.”
Paul Young, US Head External Innovation, EMD Serono says, "Global 1000 conferences provide an exciting opportunity to access cutting-edge innovation taking place within universities and emerging start-up companies, which are important potential partners for an organization such as EMD Serono. These conferences do a nice job of networking Global 1000 companies, corporate VCs, academia, and portfolio holders to lay the groundwork for future deal-making."
Angel Orrantia, SKTA Innopartners, says, "Through our participation at the Global 1000 conference, SKTA Innopartners Innovation Accelerator seeks to reinvigorate the funding ecosystem for core technologies and the Global 1000 Conference provides the right blend of VCs, investors, and entrepreneurs to assist us in progressing this goal."
George Mandarakas, Open Innovation Leads Manager, BASF Corporation, states, "Collaborating with corporate partners can offer significant advantages for accelerating technologies to market, especially if the corporate partners are strategically positioned in the value chain."
Jonas Landstrom, Volvo Group Venture Capital, says, “Bringing innovation to the transportation sector through the corporate Venture Capital model is an important piece in Volvo´s strategy to become the global leader in sustainable transport solutions. We are looking forward to the excellent network opportunity at the Global 1000 conference.”
Steve Hahn, The Dow Chemical Company, states, "The entire investment community comes in for the Global 1000 meeting in San Mateo. It has the right combination of investors, inventors, and companies ranging from the largest to the smallest. It’s one of the most effective and engaging events we attend."
Who should attend this event? The Global 1000 Conference is mainly for Fortune 1000/Global 1000 companies (from Corporate Venture Capital, Open Innovation, External Partnering, Business Development, M&A, Tech/Startup Scouting, Research, and Licensing groups), VCs, Entrepreneurs, Angels, Universities, National and State governments, and Accelerators and Incubators. The business and innovation media is especially welcome to come and learn about this exciting new trend in innovation and venture investing.
ABOUT NCET2: The National Council of Entrepreneurial Tech Transfer (NCET2) is an organization of entrepreneurial universities creating and funding university startups. With a network of over 200 research universities, NCET2 promotes best practices in the creation and funding of university startups by supporting entrepreneurship and providing entrepreneurial education. NCET2 produces 2 conferences: Global 1000: Meet | Partner | Deal Conference and The University Startups Conference.
ABOUT THE GLOBAL 1000 CONFERENCES: The Global 1000 MPD Showcase and Conference is a bi-annual event organized and hosted by NCET2. The event brings together a Transaction Network of Global 1000 Corporates and Portfolio Holders from VCs, Angels, Accelerators, government-funding programs in the US and internationally, to find deals and strategic partnerships. More information about the event can be found at http://ncet2.org.