1. Financing high growth firms
-from soft to hard money

2. The case for Government involvement
Lack of finance
Lack of risk taking culture
Lack of skills: -Entrepreneurs -Venture capitalists -Institutional capital
Lack of entreprenurial culture

3. Supporting new technologies by soft loans
Change of regime
Former (technology push):
Supporting new technologies by soft loans
Costly - focus on getting more subsidies
New (demand Pull):
Business Development by coupling manegerical capability with capital
Focus on consumers and profits

4. Investing in venture funds
Dual strategy
Investing in venture funds
Co-investing directly in companies
Market based

5. Capital: Venture investments
Venture investments and
(% of GDP)
: No. 11
: No. 8 
Venture Capital:
Seed, start-up and expansion
Source: EVCA (2000, 2001, 2002)

6. Capital: Early-stage investments
(% of GDP)
2001: No. 3
2002: No. 2 
Early-stage-investments:
Seed and start-up
Source: EVCA (2000, 2001, 2002)

7. Seed investments - market share
Strong growth in Denmark