It is natural that Vencap, being the investor, is highly interested in the financial position and strategies of the target company. However, as there are many different sources of funding for a successful company, we feel it is as important that the company's key individuals obtain an understanding of how we work and what our values are.

The process followed when analysing a potential investment target is structured to minimise the efforts of Vencap's and the fund-seeking company's staff whilst ensuring that both parties get a thorough understanding of each other's strategies and goals. Within the process there are "checkpoints", where both parties will have to make a decision as to whether to proceed to the next phase or not. Thus we make the whole process fast and efficient.

Any material or information given to Vencap will be handled confidentially. At the beginning of the process we will sign a confidentiality agreement, and information will be distributed within Vencap and its advisors on a "need to know" basis. Information will not be given to any external parties without the approval of the company. If the process is terminated and no agreement is reached, any material given by the company to Vencap will be returned or destroyed.

In the relationship with a company, Vencap identifies the following distinct phases:

Initial contact
Business analysis and planning
Investment decision
Continued development of the company
Exit