11/10/2012

Expert meeting on the commercialization of marine biotechnology

Portugal Ventures

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50 Employees

26 Funds >150 Portfolio Comp.

600 M€ Invested

140 M€ Available

Ignition

• Successful development of entrepreneurial companies through the financing of innovation and tech based projects with the goal to generate businesses with high growth potential

Growth / Venture Capital

• Investment in Tech based companies in the early stages of development, but which are already generating revenue, but still need financing to grow

Private Equity • Consolidation, Internationalization and Turnaround of

traditional industries in the tradable sectors

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Tourism • Innovative tourism investment projects

Investment Focus

Funding

Ecosystem weaknesses

• Available amounts in Venture Capital Funds co-invested by FINOVA and under management of Portugal Ventures (~ 20 M€)

• Recurrent annual funding needs ~20 M€

• Fragmentation and difficulty of access to seed capital and the financing of innovation and the development of tech based start-ups

Structured process

• Expedite and organize the deal flow process of projects in the proof of concept and seed stages of development

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The opportunity of the Ignition Program

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The Ignition Program aims to have a relevant impact in the Portuguese technological based entrepreneurial ecosystem

Sustainability

Financing

Talent retention

Inclusion

• Constant monitoring and evaluation of new ideas• To finance innovation that fosters economic development• Permanent creation of new start-ups

• Opportunity generation for high-tech investors• To promote private investments

• To improve the job opportunities for highly educated young people

• To retain the migrant flux of young talent

• To reinforce the participation of all the Portuguese territory in the development of tech based entrepreneurship

Culture and Community

• To foster the Portuguese tech based culture and community

Programa de Ignição 10Set2012

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ScreeningProof of Concept

Business Plan

Exit

Seed Capital

Incubation & Mentoring

Venture Capital

Deal Flow

IgnitionProgram

Standard

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The Ignition Program promotes an agile and expedited financing process, in partnership

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• Entities with relevant, experienced and adequate governance (e.g. General Manager and Board of Directors)

• Give access to support services (directly or through partners)

• Track record

• Access to infrastructures and R&D activities• Administrative support services (secretariat, accounting &

finance, legal, procurement & purchasing)• Advisory boards & mentors• Marketing assistance• Networking activities

PARTNERS

ROLE

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The Ignition Program partners with technology based incubators and accelerators

Implementation of the national network of the Ignition Program

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Anje, Beta-i, Iscte, Cotec, DNA Cascais,

Fábrica de StartUps, ICAT, IPN, Net, StartUp

Lisboa, Universidade de Aveiro, Universidade

do Minho, Biocant, U. Madeira/CEIM,

Universidade do Algarve/CRIA, Universidade

do Porto, Universidade de Évora

IGNITION NETWORK

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The Ignition Program invests in tech-based projects with global market potential

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• Information technologies, communications and electronics, technologies and concepts for social web

• Life Sciences (biotechnology, assisted living, monitoring and surveillance, and medical devices)

• Endogenous resources (energy, agro-food, forest and sea) and new materials

• Product oriented• Based in R&D internationally referenced• Innovative and unique (international benchmark)• Positioned in global value chains• High global market potential• Doable with existing resources• Founders initiative

Priority Sectors

The Idea

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Portugal Ventures’ limited experience in marine biotech

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• Drug discovery projects present serious challenges (in marine as in on-shore based biotechnology projects):

High investment needs Long investment period till commercialization Difficult to attract foreign capital

• Network development is of the utmost importance• Biolibraries have great potential value. But how can they be explored?

There are several applications: Cosmetics, Nutraceuticals, Industrial processes,…

Selling access to others as well as value added services such as screening;

Joint-development.

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Estamos prontos e determinados…

… Para ir mais longe, para enfrentar novos desafios em parceria com os nossos empreendedores, ultrapassando obstáculos, levando Portugal ao mundo e trazendo o mundo a Portugal.

Thank You

www.portugalventures.pt

Ed. Arcis, Rua Ivone Silva, n.º 6, 12º

1050-138 Lisboa

Tel. +351 21 158 91 00