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