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Development Process
The venture founding process generally starts off with the identification of a technology on which a corporation can be founded. Following such identitification a technology and the preliminary determination of the corporations that could be founded on the adoption of the technology, the Viability Analytics Group is engaged to evaluate the viability of such corporations evolving from the adoption of the technology, and to also give a comparative rating of the viability of the concept corporations.
A venture-derivative Corporation that clears a certain critical threshold assessment is then accepted for Venture Development, and referred to the Adoptor Brokerage Division for classification as an adopter venture, managed adopter venture or consolidated adopter venture. Consequently, the venture is then assigned to this Team for the founding challenges.
The Base Technology
This technology may be one that was deemed a "Complete Technology" at the time of the contracting of the firm as broker-Licensor for the developer entity, or subsequently resulting from the efforts of the Adoption Brokerage Division, which generally evaluates the completeness of a technology for supporting a corporation or from the integration of use-specific technology, develop from amongst technologies available in the Technology Bank of the firm, that results a "Complete Technology" on which a corporation could be founded.
Venture Financing
The funding of the venture corporation is generally performed in two stages: Early Stage Financing and Late Stage Financing. The format is adopted in order that the early risk takers be handsomely rewarded for taking arisk with the firm in the time when the founding process is still a high risk adventure.
Early Stage Financing
The Group secures Early Stage Financings for venture corporations through Funds. The Funds are generally sponsored by independent investors or from Strategic Partners within the affiliates of the firm. Independent investors sponsored Funds are usually associated with ventures requiring relatively low Capital Investment needs, and are kept open until the venture reaches a stage of development when ready to undertake late Stage Financing.
Investments by Strategi Partners Affiliates however, target high Capital Investment venture corporations and are sponsorship of the Funds into a state of selling subscriptions to the general public. The subscriptions are matched with equity assignment of the venture to the the Funds into which the proceeds are paid. The firm effectively gets a financial entity to sponsor a fund, which other investors are invited to subscribe. The funds are then used to fund
the development of the specific venture.
Prior to the commencement of the Late Stage Financing, the Subscriptions is any is liquidated by redemption through shares exchange with the subsriptions holdings. Secondarily, Funds sponsored for the early Stage Financings are also dissolved and shares in the venture granted in repayment of the funding provided to the venture corporation
Late Stage Financing
Investments after the Early Stage Financings are secured through the Capital Markets of the country of residence of the venture corporation. Generally, the bulk of the Early Stage Financings is used in an aeffort to get the development of the venture corporation into a state of Capital Markets participation.
Venture Governance
The governance of the venture generally rests with the Board of Directors of Enhance Knowledge LLC who through Corporate Policies have set down that the Board of Directors shall consist of the Corporate Founding Team to which are added, specific Executive Officers of the firm, including the Chief Financial Officer and Treasurer.
Board of Directors
The Board of Directors of venture corporations consigned to the group is composed of the Corporation Founding Team being the same responsible in guiding the founding of the corporation. By default the Managing Member of the firm shall function as the Chairman of the Board and moreso being the Chief Executive Officer of the Coproration Founding Team will be the Executive Chairman of the Board of Directors, subject to approval by the firm Board of Directors.
The Management Team
The Management Team of each venture corporation shall be formed by the President, who is the same as the Vice President of the Adopter Brokerage Division and General Manager of the specific sun-Division: Adopter Venture, Managed Adopter Venture, Consolidated Adopter Venture.Being default President of the venture corporation and as such head of the Management Team from the get go, the President undetakes the responsibility of employing the rest of the members of the team as specified by the organizational design.
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