Rocket Ventures Greg Knudson VP of Technology - RGP Director of Rocket Ventures
Business Opportunities RV has a need to find “Spin-Off” opportunities –Small to large companies with technology / non-core segments RV is looking for manufacturing companies for design, proto-type development, manufacturing –Lockrey Mfg. and Pinnacle Technologies models – across technologies RV needs to find “JV” partners for start-up companies –Leveraging strengths (engineering, manufacturing, technology)
Rocket Ventures - Program Definition Pre-Seed, Early Stage Venture Fund “Entrepreneurial Signature Program” for NWO Program Financing: $15.0 Million ODOD $ 7.5 Million Private Investors $22.5 Million
Program Elements / Client Benefits Enhanced Business Management Services Networking People, Engineering, Manufacturing Distribution, Financing, Partners The Pre-Seed Investment Fund
1. Location - Northwest Ohio 2. Early Stage 3. Scalability - $30M - $50M in 5 to 7 years 4. Technology Cluster: Biomedical, Alternative Energy, Advanced Materials and Manufacturing Technologies 5. Intellectual Property (IP) Documented & Owned by / Licensed to Company 6. Exit Strategy Portfolio Company Screening Criteria
Business Management Services
The Pre-Seed Fund $13.5 Million $6.0M State / $7.5M Private Investors
DenDroCo, LLC
Business Opportunities RV has a need to find “Spin-Off” opportunities –Small to large companies with technology RV is looking for engineering / manufacturing companies for design, proto-type development, manufacturing –Lockrey Mfg. and Pinnacle Technologies models – across technologies RV needs to find “JV” partners for start-up companies –Leveraging strengths (engineering, manufacturing, technology, distribution)
Greg Knudson, VP and Director Rocket Ventures Ext