Business Evaluationand creationFoundation for Development and Technological Innovation

So….Who is this guy?Born in Pontevedra 1974

AGE 9-18 years in: Tetouan; Ceuta; Granada; Pollensa; Palma; Toledo; Madrid

Age 18-31 yrs: lived in: North England; Scotland,Netherlands

Moved to Barcelona age 32

Degrees et al:

1BSC in Economics, 1BA in Business administration 1 MSc international

Marketing, European Venture Contest; EPO Academy, 22@ innovation

Commission

JOBS:

•Picked cucumbers in Toledo (decided to enter university!)

•Barman

•Freelance consultant (internationalisation and business planning)

•International HR for British Aerospace

•IP comercialisation

•Fund Manager (early stage 5 funds)

•STPs

•Director of FUNDITEC

IS THIS ENOUGH?

IS THIS ENOUGH?

So what do we need to

create a business?

Clients?/Users

TEAM

Idea

RISK?

NOT JUST MONEY

- STEP 3-Technical Assessment

Evaluating the developers

People

• Management

• Education & Training

• Experience

• Entrepreneurialism

• Track record

• Commercial skills

Organisation

• Organizational setup

• Networks

• Partnerships

• Previous financial results (REAL)

• References

The Firm

DEALING WITH MONEY

Finance

• Liquidity prognosis

• ROI

• Balance

• External Financial options

• Financial risk

• Required investment

WHAT’S OUT THERE?

External market

• Comparable technologies

• Substitutes

• Existing market players

• Market nature (Growth, decline, stability)

• Client identification and needs

• Trend analysis

• Price sensitivity

• Technological expectations

• Product characteristics

• Matching organization to clients

BUSINESS STRATEGY

• Strategy and planning

• Method of distribution and sales

• Marketing plan –milestones

• Product strategy

• Vision

THE NEED FOR INDUSTRIAL PARTNERS/PRACTITIONERS

Technology

• Patents

• Innovative level

• Industrial feasibility

• Cost efficiency –cost minimization

• Time to market

• Platform

• Level of development

• Technical comparison

THINK BEFORE YOU LEAP!

DJ CAT Creative Comons

IF YOU DONT THINK AT

LEAST GET A

PARACHOUTE!

Remember: A deal is not closed; until is closed

Jim Linwood. Creative Commons

Eri Vázquez MSc

Telephone number: +34 93 266 70 91

Fax: +34 93 266 71 42

E-mail address: funditec@funditec.es

Website: http://www.funditec.org

Contact