"Corporate venture investments by oil and gas companies hit record highs in 2016 and 2017, after a slight dip following the 2014 crash in oil prices." - so says CB Insights after extensive analysis of investment activity of a selection of the largest and most active companies across the Oil & Gas value chain. In fact, such is the trend in Corporate Venturing within the Oil & Gas sector that not only have they taken an equity stake in about half of all oil and gas start-ups that have raised funding, but they have also committed hundreds of millions of dollars to petroleum [...]
Today kicks off a stalwart event in the Innovations and Tech Industry. CFPro Ventures has been invited to take a seat on the judging panel at this year's NCE Tech Fest - a Festival of Innovation that aims to showcase and celebrate the innovations and technologies that will drive the industry forward. Having already met some of the candidates taking part in today's event, we have already been astounded at the high calibre of entrepreneurship and capability being displayed throughout. Digital Improvement of Productivity But there's one thing that stands out from today's event: most of what we've seen [...]
Meet Ian: A decisive, results-driven individual with firm roots in the private, manufacturing, sales & services sectors.
With over 35 years of commercial and governance experience across many functional areas, along with experience of merger integration and divestment, Ian brings a decisive, results-driven approach heralded firmly within the private, manufacturing, product sales and service sectors working with advanced technology, digital and heavy engineering products. With a proven track record of delivering stakeholder value, Ian has led teams to deliver superior outcomes and deploys a value-driven, ethical approach, with broad functional, governance and leadership skills across many functional areas. Ian thrives in challenging environments and has rich, diverse international experience in leading-edge technology industry. With governance experience across sectors, he has [...]
We're not going to tell you that failing to plan, is planning to fail. We're also not going to tell you that a goal without a plan, is just a wish. We're also not going to tell you that making sense of cents is your first step towards growth. We're also not going to scare you with the facts that, on average, 40% of new businesses actually see a profit, 30% break even and the rest continually lose money. We're not going to tell you all that, because you probably already know all of this. But what we are going [...]
It wouldn't take a lot for you to find articles about institutions, individuals and initiatives that are promoting the concept of "business funding". But take a few extra minutes to sort through the parade of promotional funding help, and you'll soon identify a couple of things that make the search for business funding slightly less exciting. So, to help you along your business growth journey, we thought we'd share a few home truths. Barrage of Help: But at a price Financing a business is viewed by many people starting out on their own business journey, as a necessity for [...]
What is Corporate Venturing? Corporate venturing, also known as corporate venture capital, is the practice of directly investing corporate funds into external start-up or early stage companies. This is usually done by large companies who wish to invest in new, innovative revenue streams, by taking equity stakes. The investing company may also provide other support, such as management and marketing expertise, strategic direction, and/or a line of credit. Is Corporate Venturing something new? Corporate Venturing is not new. It is generally accepted that Pierre S. Du Pont, then president of chemical and plastics manufacturer DuPont, started it in 1914. [...]