Naiot believes that it is essential to move quickly and reach an informed investment decision in the briefest period of time. All critical factors are evaluated simultaneously in order to ensure that the process is efficient.
Stage I: Preliminary Evaluation
Upon receipt of an idea or concept description, Naiot evaluates its preliminary interest. We review ideas in various stages of maturity, from raw concepts to structured plans.
Stage II: Initial Screening
If interested, we meet together with the entrepreneur/s (usually within a week of being approached) to review and get a better understanding of the venture. Then, Naiot and the entrepreneur/s develop an evaluation plan to ensure that the venture meets Naiot’s investment criteria.
Stage III: Due Diligence Analysis
Naiot's management team performs a broad analysis focused on technology, business, market and intellectual property. Most importantly, we see this stage as an opportunity for us to get to know the entrepreneur/s and for them to learn about us. Since we are forming a long term partnership, we all make sure that we can work together. Our goal is to complete this process within one month. However, to a great extent this depends on the availability of the entrepreneur/s.
Stage IV: Investment Committee
The entrepreneur/s present/s the venture to the Naiot investment committee.
Stage V: OCS Approval Process
Upon receiving the approval of the Naiot investment committee, the venture, via Naiot, applies for a grant from the Office of the Chief Scientist (OCS).
Stage VI: Launch!
Upon receiving OCS approval, an investment of up to $1M is made in the new venture and it launches its operations as a Naiot company. Besides providing the initial seed capital to support the new start-up company for up to 24 months, Naiot gives the company full support towards securing series A funding, usually amounting to several million US$ from venture capital firms. Entrepreneurs who enter the Naiot Venture Accelerator are provided with all the skills and services needed to develop their business from idea to execution:
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Guidance for their R&D efforts |
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Assistance with business development |
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Development of an Intellectual Property strategy |
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Monitoring of the company’s work plan and budget |
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Recruitment of human resources |
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Formation of substantial scientific advisory board |
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Help establishing administration, legal and accounting policies and procedures |
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Planning pre-clinical and clinical studies for life science companies |
In addition to our in-depth support and advice, entrepreneurs enjoy the benefits from Naiot's network of strategic alliances and venture capital funds with whom we have established a proven track record of profitable investments.
Send your application form to
home@naiot.com