Post on 03-Aug-2020
21 de novembro de 2013
Auditório do ISEGI
2ª Conferência
Internet, Negócio e Redes Sociais
“Financiar, Inovar e Empreender
Patrocinadores Globais APDSIPatrocinador Principal
0
November 2013
Venture Capital Financial instruments to support innovative companies
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Caixa Geral de Depósitos
Domestic Network: 831 Branches
Market Shares: • Mortgage Lending: 27% (1st)
• Customer Deposits: 28% (1st)
• Loans and Advance to Customers: 24% (2nd)
• Insurance: 26% (1st)
International:
International Platform:
• Presence in 23 countries
• Contribution of 25% of CGD´s Income
World Ranking: • Total Assets: 101th (€ 126 Billion)
• Tier 1 Capital: 113th (The Banker, 2010)
• Specialized Credit and Insurance • Retail Banking • Asset Management • Investment Banking • PE & V C
Benchmark Operator in the Portuguese Financial System
Profile •100% owned by the Portuguese State
•Portugal’s largest financial group
•Solid financial performance
•≈ € 1,2b PE & VC AuM, including both Funds of Funds and Direct Investments
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CGD’s PE & VC activity
Assets under Management € 700 M (Caixa Capital) + € 460 M (CGD)
Side Cars Direct Investments Fund of Funds
LP Investor GP Investor Market Enhancer
Early Stage
Growth Stage
Later Stage
Tech Transfer Accelerator (Pre-Seed)
University Start-ups
Business Angels
Corporate Ventures
Cross Border Matching Facility
International Funds
Portuguese PE / VC Funds
37 36 25
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Identity of Caixa Capital
• Leading Venture Capital & Private Equity fund manager and direct investor, with global reach, proud to
contribute to economic development, through selective investments, managing 3 major funds;
FCR CGD, FCR Caixa Crescimento, FCR Empreeender +
• Investment strategy for Venture Capital:
coverage of early-stage / start-up's through co-investment in business angel, early stage, corporate
venturing and university venture funds
direct co-investment in VC / Growth equity with leading international players
growth equity for existing high potential traditional companies – focus on tradable goods, exports,
internationalization
• Value added of our investment:
Rigorous approach with a strong team and with clear investment criteria
Power of collaboration and leveraging our network , maintaining a rich and global deal flow
A hands-on attitude, engaging the development of each and every company in our portfolio.
Leading PE & VC investor in Portugal
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BGI Venture Competition
Launched, in 2010, the venture competition and catalyst program in Portugal with the highest investment
award (€ 1M/year)
# projects: 384 (# foreign: 125)
1st edition
2nd edition
3rd edition
Total Investment: € 1 M
Potencial Investment (more 5 editions): € 5 M
4th edition ?
• 150+ globalpreneurs • 47 active start-ups • >17M€ in funding
+
* 21 of November
• 1518 entrepreneurs • ~400 submissions • 80 semi-finalists
Track winners
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19 portfolios companies
16 portfolio companies
7 portfolio companies
Invicta Angels Smart Ventures
A2B PNV Capital
Blue Early Investments
Green Capital
Lisbon Angels
Seed Capital
Business Angels
Shilling
B2M
Eggnest
Norte
Centro
Sul
Caixa is the main force behind the BA’s Ecossystem in Portugal
Total Investment: € 3.6 M Sectors Invested: ICT, LifeSciences, Media
Tagus
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VC Collaborative Networks
Establish a Club of VC Champions
Foster Fund Raising
Promote Top Portfolio Companies
Better Practice & Knowledge Sharing
Provide Input to EU Scheme with EVCA
Cross-Border Invest.& Funding Facilities
Launched in 2011 by leading venture capital and corporate
investors
Launched in 2011 by leading fund of fund investors in
venture capital across the EU
Share best practices among EU investors in venture capital funds
Encourage the set-up of a pan-EU joint initiative
Implement concrete measures to create a sustainable EU VC market
Offer opportunity for a constructive dialogue
AuM: € 8 B AuM: € 24 B
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9 incubators / 3 technology center
81 portfolio companies
2 incubators / 1 technology center
45 portfolio companies
6 incubators / 1 technology center
37 portfolio companies
15 incubators / 3 technology centers
220 portfolios companies
5 incubators / 2 technology centers
88 portfolio companies
Porto
Braga
Covilhã
Lisboa
Leiria
Faro
Aveiro
Coimbra
Start-up & Technology Centers
11 incubators / 4 technology centers
359 portfolio companies
8 incubators / 2 technology centers
40 portfolio companies
1 incubators / 1 technology center
24 portfolio companies
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Complementary offer - CGD
CAIXA EMPREENDER – A Caixa no apoio ao Empreendedorismo
• Linha de Crédito CAIXA JOVEM EMPREENDEDOR:
• apoio a jovens com potencial empreendedor
• Linha de Microfinanciamento ANJE:
• apoio a jovens empresários associados da ANJE
• Linhas de Crédito para Apoio ao Empreendedorismo (IEFP)
o INVEST+
o MICROINVEST
• Linha de Microcrédito ANDC:
• apoio a projetos de microcrédito
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Internet, Negócio e Redes Sociais
Caixa Capital Experience
• 35 investments (direct and indirect)
• Consumer IT – B2C
• Enterprise IT – B2B
• Seed
• Start-up
• Early-stage
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Internet, Negócio e Redes Sociais
Growth continues
Internet Penetration
Country % of total population
USA 78%
Brasil 45%
China 42%
Indonesia 23%
India 11%
Time spent vs Advertising
Platform % of time spent % of dvertisement
TV 42% 43%
Internet 26% 22%
Mobile 12% 3%
Radio 10% 14%
Print 6% 23%
Source: KPBC, Internet Trends Source: KPBC, Internet Trends
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Key issues
Key aspects for
any VC investor
Great user-
experience
Value
Proposition
Traction
Revenue Model
Exit
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Thank you rui.rodrigues@caixacapital.pt