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WIPO-IFIA INTERNATIONAL SYMPOSIUM ON THE COMMERCIALIZATION OF INVENTIONS IN THE GLOBAL MARKET organized by the World Intellectual Property Organization (WIPO) and the International Federation of Inventors’ Associations (IFIA) in cooperation with the Korean Intellectual Property Office (KIPO)
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WIPO-IFIA INTERNATIONAL SYMPOSIUM ONTHE COMMERCIALIZATION OF INVENTIONSIN THE GLOBAL MARKET organized bythe World Intellectual Property Organization (WIPO) andthe International Federation of Inventors’ Associations (IFIA) in cooperation withthe Korean Intellectual Property Office (KIPO) andthe Korea Invention Promotion Association (KIPA) Seoul, December 4 to 7, 2002 PARTNERING WITH VENTURE CAPITALISTS AND FINANCING THE DEVELOPMENT AND COMMERCIALIZATION OF INVENTIONS Document prepared by Mr. Stephen Ong, Managing Director, Asian Direct Capital Holdings Sdn Bhd., Kuala Lumpur
CyberBay Technology Incubation Model Mr.Stephen Ong Internet Investment Management Research (UK) Ltd (IIMR Asia Ventures Sdn Bhd)
Project Goals • To incubate technology companies from the talent pool supporting the technology industries in Asia • To introduce the San Francisco Bay - “Silicon Valley” development capital model for nurturing technology startups • To prepare companies for listing on technology stock exchanges
Project Positioning Technology Venture Startups Singapore1998 CyberBay 2000 Penang Cyber-Port 2001 Hong Kong Malaysia 1998 National Projects Government Initiative Entrepreneur Driven
CyberBay Incubation Model • Listing • Development • Project • White Paper Technology Projects Management Co Management Expertise Corporate Services Venture Funding Technopreneur Technology Partners Strategic Advice Tech Platform Hosting Services Property Management Co Location Facilities Services
Incubation of Hotmail.com Incubator + Venture Capital =
Ideas x Capital + Incubation = Success =Nasdaq listing in 18 months (Success : 1 in 3 startups) + Still needs US$10m after 27 months (Success : 1 in 10 startups)
Internet Projects in the Real World China.com ThirdVoice.com AsiaTravelNetwork
Transpac Capital CyberBay Venture Capital Partners
CyberBaybuilding Asia’s future Technology Companies with strategic partners to access creative venture capital Questions & Answers Session