Wednesday, June 13, 2007
How do organisations create a fund for nurturing innovation? How do innovators & entrepreneurs within and outside the organisation get their ideas/ventures funded? While examining Innovation proposals what do Venture Capitalists and Angel Investors look for? What are the emerging trends in areas like – Concept uniqueness and relevance, Market Acceptance, Business plan – revenue generation, profitability and exit options, and Leadership – Innovators passion, expertise and competence etc? What are the various parameters along which Innovation successes are measured? Given the unknown territory and unseen results how do innovators make their funding propositions more innovation friendly?