Ventures Academy“There is nothing so powerful as an idea –whose time has come” (Jules Verne)

Deal Day - 26th May 2010Cambridge – IdeaSpace / Hauser Forum

Spring 2010 Ventures Academy

Deal Day – 26thMay 2010 connects the investment-ready ventures with investors

Key Partners:

Conference Host:

IdeaSpace, Hauser Forum 3 Charles Babbage Road CB3 0GT, Cambridge, UK

Sponsors:

NACUE Deal Day, hosted by ideaSpace and in partnership with Anglia Ruskin University and University of Cambridge, brings the brightest young minds and high network investorstogether in an event where the visions come into reality. Some of the most promising young entrepreneurs will pitch for the attention and expertise of investors in order to take their start-ups to the next level. NACUE Deal Day exposes young people’s entrepreneurial ambitions and talents to the investors.

NACUE welcomes investment-ready ventures seeking finance, investors and special guests on its pilot Deal Day which is the final element of Ventures Academy. Entrepreneurs will pitch and present their ventures in front of prominent Business Angels and Venture Capitalists to discuss their business ideas in detail one on one.

Deal Day is about networking, strategic introductions and investment pitches. Young entrepreneurs are the future of UK economy. They don’t choose to work for companies with the glamorous reputation. Instead, they have enough guts, talent and determination to aim for a difference in people’s life and to build the companies of the year in the future. Young entrepreneurs are often very optimistic people with the goal to create something the people haven’t seen before.

Deal Day Agenda

Time Session

9.00am Registration & Opening Reception

9.30am Welcome & Introduction

Alan Barrell, Cambridge Business Angel & Entrepreneur in Residence, University of Cambridge

9.45am 10 minute pitches of delegates

Each company to give a 10 minute presentation (no financial information needed for this session, only sales projections)

11.00am Break

11.30am 10 minute pitches of delegates to be continued

12.45pm Lunch

1:30pm Investors & Delegates Meetings

Each company will meet with up to two interested investors in confidence (45 minutes per investor, financial information needed)

4.00pmSummary Feedback Session – What happens next!

4.30pm Adjourn

Investors:

Alan Barrell is Entrepreneur in Residence at the University of Cambridge. He is Chairman of Health Enterprise East Ltd. Following a scientific training, he worked around the world with Baxter Healthcare and was its Chief Executive for six years. Subsequently, he joined Domino Printing Sciences as Managing Director, following which, after six years, he joined Willett International. He was instrumental in launching the Cambridge Gateway Fund to fund early stage technology businesses in the region and

is involved with a number of charities including the Papworth Trust, the RSA, the Centre for Tomorrow's Company and The Prince's Trust. He received The Queen's Award in 2006 for Enterprise Promotion. Most recently, Alan has become Chairman of Eagle Genomics Ltd, and Pneumacare Ltd., and a Director of Probe Scientific Ltd. In October 2009 The Regional Strategic Health Authority for the East of England appointed Alan Chairman of the NHS Innovation. Alan is a member of Cambridge Angels and Sophia Business Angels (France) and advises numerous early stage companies internationally.

Dr Phil O'Donovan is a Chairman of Twelve Winds. He is a Co-Founder of CSR plc which listed on the London Stock Exchange in March 2004, became a FTSE 250 company in July of the same year, and is now Europe’s largest fabless semiconductor company. As an angel investor,he works with the founders, boards and management of emergingtechnology-based companies. Phil has worked in the communications industry for 30 years in both small and large companies. Phil holds BSc,

MSc and PhD degrees (all in electrical engineering), is a Fellow of the Institution of Engineering and Technology, a Chartered Engineer and a Royal Academy of Engineering MacRobert Gold Medal winner.

Amy Mokady, i-Teams Programme Director

Since the early '90s, Amy Mokady has held a number of senior sales, marketing and business development roles at some of the mobile industry's leading companies, working with both start-up and multi-national companies. She was a co-founder of STNC Ltd., a mobile start-up acquired by Microsoft in 1999. Following roles at Microsoft, QUALCOMM and Hutchison 3G, more recent start-ups include Pogo Mobile Solutions

and Light Blue Optics. As CMI Entrepreneur-in-Residence, Amy was responsible for adapting the MIT i-Teams programme to meet the needs of Cambridge University, and has run the programme in Cambridge since its inception in 2006. She is a Director and mentor of several early-stage technology start-ups, as well as a Director of the Greater Cambridge Partnership.

Rob Moffat, Associate, Balderton Capital

Prior to joining Balderton Capital Rob worked for Google in London, as a Manager in their global sales strategy team. Rob’s experience at Google included developing growth strategies for a number of Google’s new businesses – reviewing potential acquisition targets as well as organic growth options. He also worked on the post-merger integration of DoubleClick in Europe and on long-term strategic planning. Before Google Rob spent five years at Bain & Company, the management

consultancy. His work there included business due diligence for private equity clients, as well as operational & strategic projects across a range of industries in Europe & North America. Rob holds an MBA with distinction from INSEAD, and an MA in Mathematics from Cambridge.

Simon Gall, CEO Founder of Integrity Capital Ltd (beta-launch in 2010)

In the past 18 years, Simon Gall has been an eclectic entrepreneur:-freelance broadcaster; visiting degree lecturer and courses writer; founder director in six companies; turn-around interim director in eight companies; Government and independent advisor to over 200 companies; board advisor in 5 companies. Experiencing what he calls, “the roller-coaster ride of entrepreneurialism.” He is considered one of the most well connected people in the London hi-tech industry, running and advising mid-tier investor events. This also involves his work as London Investor

Relations Consultant to the Connect Midlands organisation, which trains and makes finance ready around 150 East (& West) Midlands based companies per year. Simon expects to launch his 7th business in late 2010.

Sergi Martorell, TTP Ventures

Sergi joined TTP Ventures in August 2008. He works closely with the rest of the team on deal sourcing, execution and portfolio management. Prior to joining TTP Ventures, Sergi spent four years at 3i in London and Cambridge. He started as an Analyst in Marketing and later on joined 3i’s Venture Capital team as an Associate. He also held research and sales positions with VentureOne, a venture-backed online data provider that was sold to Dow Jones for $80m. Sergi has an MBA from London Business

School, an MSc from the London School of Economics and graduated from the Autonomous University of Barcelona with a BA in International Relations.

Struan McDoughall, Cambridge Capital Group

Struan McDougall heads the Cambridge Capital Group (CCG), a private group of business angels from the eastern region. CCG invests in seed and start-up stage ventures, mainly in the high-tech sector where returns can be highest, but also in other businesses put forward by the members.Three or four formal events are held each year in historic Cambridge colleges where entrepreneurs pitch to the membership. The group analyses and negotiates deals collectively but members make

investments on their own accounts. CCG is supported by three blue-chip sponsors: Merrill Lynch, Grant Thornton and Taylor Vinters. www.cambridgecapitalgroup.co.uk

Maher Khaled, Cambridge Enterprise, Technology Manager (CE Life Sciences & Seed Funds)

Before joining Cambridge Enterprise in May 2005, Maher's experience was in life sciences intellectual property management and law as well as technology transfer at Imperial College Innovations, London. He had previously qualified as a solicitor in Queensland, Australia. Maher has completed his doctorate in biotechnology management, focusing on bio-entrepreneurship, at the University of Queensland where he also obtained his LLB and BSc in biomedical science.

Supporters:

About the National Consortium of University Entrepreneurs

The National Consortium of University Entrepreneurs (NACUE) is a fast-paced, grassroots organisation that stimulates university enterprise by supporting and representing enterprise societies, enterprising students and student entrepreneurs in universities across the UK.

Founded in December 2008 by 12 leading enterprise society presidents and launched in May 2009, NACUE now engages over 70 university enterprise societies across the UK, supports over 85 universities in stimulating student-led activity and represents the views of over 40,000 enterprising students to policy-makers in all levels of government, industry and education.

Supporters

NACUE is sponsored by Microsoft, Tata, NCGE, IBM, Deloitte, Oracle, Meltwater Group and Lloyds TSB; receives critical support and incubation from London Metropolitan University, with office space in Accelerator London; and is supported by an esteemed Advisory Board, including Alan Barrell (Cambridge Angel & Cambridge University Entrepreneur in Residence), Julie Meyer (CEO of Ariadne Capital), Doug Richard (CEO of School4Startups), Tony Robinson (CEO of SFEDI), Paul Lucraft (Former MD of Mastercard), and Houston Spencer (VP Marketing of Alcatel-Lucent).

Context

With youth unemployment at a record level and graduates facing unprecedented competition for the all-too-few graduate jobs that are available, it is essential that student’s and graduate’s skills, employability, and business creation potential are developed if we are to avoid a 'lost generation' of long term unemployed graduates. Enterprise and entrepreneurship education, be it in-curricular or extra-curricular is invigorating an outdated education system to ensure that students develop the confidence, the skills and the ambition required not only to start a business, but also called for repeatedly from employers of all sizes.

While educators and researchers work hard to reform universities from within by embedding enterprise in the curriculum, independent student-led enterprise clubs and societies like the 70+ that NACUE supports, trains and connects, are already delivering significant success. These societies build enterprise ecosystems from the ground up to bring together local entrepreneurs and SMEs, university alumni and the many fragmented resources, events and opportunities from various university departments and external stakeholders, in order to help inspire and support nascent student entrepreneurs within their membership base.

Supporting Societies

NACUE supports the sustainable development of such societies with the vision that within 3 years there will be a thriving network of student-led groups in every university in the country providing the essential informal peer-to-peer support and inspiration needed by young entrepreneurs to succeed. NACUE offers unique expertise to both existing societies and to staff and students looking to get societies started and it nurture societies as they grow year on year, helping them become and remain reliable and trustworthy organisations that the

Founded Dec 2008Launched May 2009

StatsSupporting 70+ societiesEngaging 85+ HEIsRepresenting 40,000 enterprising students

Governance:Student Advisory BoardSenior Advisory Board-Alan Barrell (Chair)-Julie Meyer-Doug Richard-Paul Lucraft-Houston Spencer-Tony Robinson

Founding Sponsors:-Tata-Microsoft

Incubation & Support-London Metropolitan University & Accelerator London

Supporting Societies-Annual national leaders training weekend-Biannual regional events-24/7 advice & guidance-Advocacy & lobbying-Supporting creation of new societies

Supporting Students-3 day Start-up Bootcamps Package-National Student Enterprise Conference-National Varsity Pitch Competition-Venture Academies

Advocacy-Launched Enterprise Alliance UK with EE UK and ISBE-Running lobbying campaign in run-up to election-Working to launch APPG on HE Enterprise-Sit on formal and informal advisory boards-Give speeches on wide range of topics

universities and other stakeholders can rely on for delivery of critical support programmes for students.

Supporting Entrepreneurs

NACUE also runs flagship events to recognise and champion student and graduate entrepreneurs. With such events NACUE aims to go above and beyond what any single society can achieve alone. With the National Student Enterprise Conference, the National Varsity Pitch Competition, our School 4 Startups Tour with Doug Richard and other initiatives, NACUE aims to push student enterprise to the forefront of the agenda for the media –challenging them to accurately represent young people and the amazing achievements that are all-too-often going unrecognised in traditional media.

NACUE has also developed world-class support programmes for student and graduate entrepreneurs through 3-day Enterprise Bootcamps which have been successfully piloted in London with 50 young entrepreneurs benefiting from intensive training, mentoring and inspiration. NACUE has also piloted a Ventures Academy in late April, where student and graduate entrepreneurs convened in the newly built Hauser Forum in Cambridge to spend 2 days with a collection of the UK’s leading angel investors, venture capitalists and high growth entrepreneurs to learn about investment, to get investment ready and to compete for a chance to pitch for investment at a deal day in late May.

Advocacy

Finally, we run significant advocacy campaigns and projects focused around recognition, support and empowerment of enterprise societies and enterprising students.

Within Education we lobby and advise individuals and organisations from staff within specific universities, right up to international university membership networks. We work to change the image of enterprise societies and position them as credible organisations that with support and training from NACUE can be relied upon to deliver critical enterprise promotion to students within universities.

Within Government we lobby and advise policy makers in all relevant departments, agencies, quangos and other entities around the critical role that enterprise societies play, and the importance of delivering resources to them rather than continuing the inefficient top-down delivery of enterprise initiatives within universities. In January 2010 we launched the Enterprise Alliance UK (www.enterpriseallianceuk.co.uk) with Enterprise Educators UK and the Institute for Small Business & Entrepreneurship – leading membership-based organisations for enterprise educators and academics & researchers respectively. The Alliance allows the three organisations to put forward an independent voice on enterprise education to Ministers, Shadow Ministers and other MPs. NACUE is also currently leading on the formation of an All Party Parliamentary Group on Enterprise & Entrepreneurship Education.

Testimonials:

"Attending NACUE Ventures Academy is perhaps the single most important investment I have made till date as an entrepreneur. The speakers where absolutely world class, their insights invariably were honed from years of extensive experience; the assistance offered and feedback received from the coaches, for want of a better word, was simply priceless, as was meeting like minded student entrepreneurs from diverse backgrounds, comparing notes and networking” – Olujide Ogunbowale, founder of Adeola Systems (30.04.2010)

“NACUE Ventures Academy was organised and executed extremely well. I have met some wonderful people in the networking sessions. Prof. Alan Barrell was a fantastic host and the investors’ advice was truly invaluable. The investors shared their insights effectively, picking up on each other’s points and elaborating, this created a relaxed atmosphere which made it easier to pitch and take constructive criticism. I had the opportunity to meet Amy Mokady, director of ‘i-Teams’ at Cambridge University. The knowledge gained at NACUE’s Ventures Academy and National Leadership Training Conference (NLTC) has been invaluable and I would recommend it to anyone thinking of starting a business. These are some of the best enterprise training programmes that facilitate interaction between investors, young professionals, academics and entrepreneurs creating a dynamic mix of people and a unique knowledge transfer platform”. - James Mondon, Vice-President of Anglia Ruskin Entrepreneurs and ARU Student (02.05.2010)

Convinced of the potential of the Ventures Academy Professor Terry Mughan at the Ashcroft International Business School said: "During these events the venture-owners have demonstrated the tenacity and drive they need to succeed and with the help of entrepreneurs such as Chris, these individuals will have the motivation and commitment they need to take their business ideas to the next stage. They will need sharply honed skills to rise to the challenges that will face as they bring their business ideas to fruition."(29.04.2010)

“It is one of the most exciting journey’s I have undertaken – travelling at top speed with NACUE – National Consortium of University Entrepreneurs. And here we are with the first NACUE Venture Academy – and the wonderful Hauser Forum – whose founder has done so much to spread the Spirit of Enterprise and to enable young companies to gain the necessary finance to grow new businesses. The NACUE Venture Academies are set to make a major contribution to the success of Student Enterprises in the UK –and then beyond” – Prof. Alan Barrell, Cambridge Business Angel & Entrepreneur in Residence, University of Cambridge

National Consortium of University Entrepreneurs

www.nacue.comhttp://www.ventures.nacue.com/