With the ascent of corporate venture over the past decade comes an increased need to share best practices among established and new practitioners. Our research at the National Venture Capital Association shows that last year, corporate venture capitalists invested $3.1 billion in 693 deals, which represented 10.6 percent of all venture capital investment, growing from $1.5 billion in 539 deals in 2005. As an organization, we are committed to convening all facets of the innovation ecosystem – from traditional VCs to corporate investors – to expand networks, provide platforms for discussion, resources and top tier industry research.
The NVCA’s Corporate Venture Group (CVG) serves as a hub of the corporate venture industry. The CVG is comprised of a dedicated group of industry leaders – from the most seasoned to new entrants – who come together for events, conference calls and meetings to exchange ideas throughout the year.
Without exception, the NVCA’s annual Corporate Venture Summit, serves as the keystone event of the year; forging new connections, shedding light on trends, and insights that drive new value to the entire corporate venture ecosystem. Next week, on November 6, the 2014 Corporate Venture Summit will convene the pioneers and new practitioners of corporate venture and traditional venture capital in Huntington Beach, California.
Intel Capital, our meeting host and partner, has worked tirelessly alongside our team to create programming that will bring together corporate VCs to explore the range of challenges and opportunities that exist in today’s investing landscape. Leaders of the corporate venture world will have ample opportunity to connect next week, as the Intel Capital Global Summit will take place earlier in the week from November 3-5.
The speakers and attendees of the Summit will be focused on the “DNA” of corporate venture, including the importance of new strategies to create and capture CVC value, leveraging lessons learned, nuances of co-investing with other CVCs and exploring the ins and outs of corporate accelerators. Take a look at the Summit Agenda to get a sense of the incredible speakers who will convene next week.
Arvind Sodhani, President, Intel Capital; Bobby Franklin, President & CEO of NVCA; Jon Lauckner of GM Ventures, Vanessa Colella of Citi Ventures, Bert Navarrete of Tigerlabs, and Victor Pascucci of USAA will share their insights as well as lead panel discussions that will include the “who’s who” of the corporate venture capital ecosystem during the Summit. We will also hear from Amanda Feldman who recently co-authored a report on Investing in Breakthrough: Corporate Venture Capital, which centers on the impact of CVC social and environmental investing. There will also be plenty of time for networking thanks to the generous support of our reception sponsors SVB and Dentons.
This one day, invitation-only event provides a unique opportunity for seasoned investment professionals and c-level executives to engage with one another to share best practices, create opportunities for collaboration and build relationships. The Summit takes place at the Hyatt Regency Huntington Beach Resort in Huntington Beach, CA onNovember 6, 2014 and is hosted by Intel Capital. To check space availability, please contact Janice Mawson at: firstname.lastname@example.org.
Beyond the Summit, the CVG is committed to providing resources that CV investors rely on every day. About every other month, we convene during Coffee Pot Discussions, conference calls focused on a key areas of interest. The CVG Education Committee assembles the Corporate Venture Library containing key documents critical to every emerging and established corporate venture group, including the Due Diligence Guide and industry research.
As of September, the CVG’s Communications Committee launched The Corporate Venture Connection, a quarterly digital publication that brings engaging content, job listings, events and resources to a broad readership. The CVG Events/Outreach Committee also hosts small gatherings throughout the country, designed to convene local corporate investors with those who may be passing through looking for ways to build connections, share challenges and forge opportunities for greater deal flow.