Capital Opportunities for Small Businesses - sbtdc
Capital Opportunities for Small Businesses - sbtdc
Capital Opportunities for Small Businesses - sbtdc
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C A P I T A L O P P O R T U N I T I E S F O R SMA L L B U S I N E S S E S<br />
Venture Firm<br />
Year<br />
Founded<br />
<strong>Capital</strong> Under<br />
Management<br />
Preferred Stage of<br />
Financing<br />
Preferred Size of<br />
Investment<br />
Preferred Industries<br />
Website Comments<br />
Advanced Technology<br />
Ventures (ATV)<br />
Alliance Technology<br />
Ventures<br />
ARCH Venture<br />
Partners<br />
1979 >$1.6 billion Emerging Growth N/A<br />
1993 >$250 million Early Stage<br />
1989 1.5 billion Seed & Early Stage N/A<br />
"We like leading and/or<br />
participating in reasonably-sized<br />
syndicates"<br />
The Aurora Funds, Inc. 1994 >$234 million Seed & Early Stage $50,000 - $2.5 million<br />
Communications (data networking,<br />
imaging, optical communications, remote<br />
access/security software, semiconductors,<br />
wireless communications); IT<br />
Infrastructure (content<br />
delivery/management, data integration,<br />
network/quality-of-service management);<br />
Software & Services (consumer/small<br />
business software, data management,<br />
enterprise applications, middleware,<br />
security software, web services); and<br />
Healthcare (healthcare IT, life sciences,<br />
medical devices).<br />
Life Sciences, especially novel<br />
biopharmaceuticals, diagnostics and<br />
devices. In<strong>for</strong>mation<br />
Technology/Semiconductors- with<br />
applications <strong>for</strong> communication<br />
components.<br />
In<strong>for</strong>mation Technology, Life Sciences,<br />
and Physical Sciences- specifically:<br />
internet infrastructure technologies,<br />
enterprise software, biotechnology tools<br />
and devices, and semiconductors.<br />
Life Sciences (biotechnology, noninvasive<br />
devices, healthcare services);<br />
In<strong>for</strong>mation Technology (internet,<br />
software, semiconductors, semiconductor<br />
processing technology, emerging<br />
technologies (e.g. photonics,<br />
nanotechnology)); IT/Life Science<br />
combined (healthcare in<strong>for</strong>matics, biomedical<br />
engineering applications).<br />
"The primary success factor we look <strong>for</strong><br />
[when investing] is an exceptional<br />
management team- one with solid<br />
operational experience and deeply<br />
rooted domain expertise."<br />
Review their Business Plan Guidelines:<br />
www.atv.com/dynamic/business_plan_<br />
guidelines.php3<br />
"We will invest in an idea described in<br />
a laboratory notebook, an enabling<br />
technology, or a proven management<br />
team. Our involvement typically begins<br />
well be<strong>for</strong>e most venture capital firms,<br />
at the point of innovation. Innovation<br />
investment is what we do."<br />
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