Investment Strategy contd.....
Process and Facilities
1. Assistance with the design, development and implementation of appropriate management information and financial control systems.
2. Provision of administration support services
3. Access to purpose built office space shared service facilities in the National Digital Park.
Why Choose Us
Growcorp is Ireland′s leading business incubator company, managing a Euro 25 Million seed capital fund for early stage start-ups.
Growcorp specialises in the Bioscience sector building an attractive portfolio of exciting opportunities since inception.
Growcorp has entered into strategic alliances and partnering arrangements to give you a service you will not find anywhere else including technological, business advisory and recruitment. (see strategic partners)
The reputation of Growcorp′s Directors and Investors guarantees across to an unrivalled network of contacts in business, finance and academia.
Growcorp is not seeking a ″quick fix″. It places an emphasis on solid foundations and intelligence gathering.
If your idea is not suited to the Growcorp solution, we will take the time to advise you on your options. You have nothing to lose by approaching us- time invested in preparing for such an approach is well spent.
Business Evaluation Process - Business Ideas
All business ideas have an initial review by Growcorp senior management. The purpose of this review is to identify key attributes of the business idea, e.g.:
1. What is the area of technology and is it consistent with Growcorp's focus on the Bio Science sector?
2. Do the technology and the associated business concept form a coherent entity with the potential for commercialisation, and the formation of a high-growth company?
3. What is the status of the Intellectual Property?
4. What is the potential market size and who are the likely competitors?
5. What are the barriers to entry in this sector?
6. What is the calibre and credibility of the Principal(s)?
7. What is the strategic value of the infrastructure which Growcorp has assembled, and how may this be leveraged to best advantage?
8. What commitments in terms of time, finance and other resources are required to form a company and take it through the initial incubation phase, and subsequently to full commercialisation?
A Non Disclosure Agreement can be completed before the review. However, it is important to realise that Growcorp or one of its portfolio companies maybe aware of or working on the same or similar businesses.
