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By definition, venture capital
means investing in non-public growth companies and providing
additional support in order to achieve maximum increase of the
value of the investment i.e. the company. The investment is made
with a plan to exit within an agreed period of time, such as
3-7 years.
Investments are primarily made
as equity investments or using mezzanine funding, and they are
usually unsecured. The intention of the venture capital investor
is to add to the growth of the value of the company. The growth
of the value is realised at the exit, where the investor gives
up its ownership in the
target company.

We invest in companies and in
people who share our values. These include:
· a wish to grow and be successful
· commitment
· competence
· focus on quality
· the highest standards of business ethics
We want to be proud of our
investments and products or services the companies provide. This
means that the products and services should be of high quality,
ecologically sustainable and ethically unassailable. We like
to think our investments make a difference - by providing a valuable
service to users of the products or by developing new exciting
technology. We are not ashamed to say that we want to change
the world - at least a little bit.
We want to be proud of our
investments. This means that the products and services of these companies
should be of high quality, ecologically sustainable and ethically unassailable.
We like to think the companies in
our investment portfolio
make a difference - by providing a valuable service to users of the products
or by developing new exciting technology.
We want to be owners of a significant
minority in a company, which we normally consider to be 20 -
49 % of voting capital. There must be one or several entrepreneurs
- members of management with a significant stake in the company.
There may be other investors in the company - private or publicly
funded - but the management must always have a reasonable stake
in the company. We control our investments through regular reporting
and a representation on the board of directors.
Vencap invests in Finnish companies,
although the capital may well be used to fund expansion internationally.
There are no limitations on the type of business, as long as
it has a strong potential and does not conflict with our fundamental
values and visions. |