Strategy
Often there is a large difference in world view of
the people with the ideas and technologies and the people
with the money.
At 1st Mile we believe this is perhaps the largest
single factor stopping new ideas and technologies from
becoming reality. As such, this is a major motivation
for our company: To make these ends meet.
Many researchers tend to see the world of new technology
development as "technology push". You have
a great idea, you do research, and perhaps you build
a prototype. The process is illustrated below.
Venture capitalists and other investors usually see
the world from a different perspective, as illustrated
below. They view not only the technology, but also focus
on the commercial side. Usually, the technology that
is so important to the researcher or inventor is not
really important for the investor. It is all about the
markets the product based on the technology is able
to serve, the economy and the management.
In other words, the technology is a prerequisite for
the investor who focuses on markets, money and management.
1st Mile is specialised in creating business
on technology. We offer:
- Screening of research and development projects
for business potentials. Our typical customers are
organisations responsible for R&D programs and
companies with R&D portfolios.
- Evaluation of investment opportunities. Our typical
customer are venture capitalists who seek industry
knowledge, network, operational experience from the
cleantech sector.
- CEO services and board representation for start-up
companies. Our typical customers are venture capital
investors and other investors who needs to speed up
the development of an acquired company.
- Portfolio value maximisation through stage-gate
processes and clear kill-decisions
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