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For the next few years
the task at hand is to make the business plan come through. The
capital provided by Vencap will be put to use in the planned
way, and management will carry out their visions. Vencap will
nominate a representative to the board of directors to take part
in the strategic planning, and may take an even more active role
in specific development projects.
We are able to add value to
the company's business in various areas. Strategic planning,
finance, international marketing and administration are amongst
the areas in which we, or our co-operation partners, have previous
experience.
It is important to understand
that Vencap's staff will not normally be involved in the daily
running of the company. That is what the management does best.
To control its investment,
Vencap requires a certain amount of regular reporting by the
company. Normally this is similar to the reporting to the board
of directors, so there is little overhead. |