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IVN ANNUAL MEETING Chairman’s Report Santa Clara, CA Eric Benhamou, IVN Chairman. Date: 8.May.06. Venture practices to better Israel. Agenda. Introduction Year in Review Organization and Governance Looking ahead. Mission.
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IVN ANNUAL MEETING Chairman’s Report Santa Clara, CAEric Benhamou, IVN Chairman Date: 8.May.06 Venture practices to better Israel
Agenda • Introduction • Year in Review • Organization and Governance • Looking ahead
Mission • The Israel Venture Network is a venture philanthropy network of high-tech entrepreneurs and executives from Israel and the U.S. that aims to provide scalable systemic solutions for the social, educational and employment crises that jeopardize Israel’s success
Investment Focus Strengthening the education system Investing in tomorrow’s leaders Creating employment opportunities
Breadth Membership Growth
Breadth Corporate Membership Growth • “Corporate” members include: • Corporations • Foundations • Federations
Depth Investment Growth
Depth Portfolio Investment
Maturity Organizational Depth • Business-like culture spreading in municipalities • Professional • Transparent • Data-driven • Effective
Maturity Board and Committees • Expanded Executive Board • Activated Strategic Advisory Board • Created New Committees • Membership Involvement • Partnerships and Strategic Alliances • IVN invited as Venture Philantropy expert to non profit boards and conferences
Maturity Strategic Planning Process Inputs Outputs Outcomes What are our ultimate goals? What changes do we hope to see in individuals? In the community? What resources will we need to engage in these activities? What activities will we need to engage in to meet these Outcomes? “Plan Backwards, Implement Forward”
Maturity IVN Staff • U.S. • Joni Block, U.S. Director (2/06 start) • Abbey Herman, Event and Administrative Assistant
Maturity IVN Staff • Israel • Ayelet Tal, CFO • Dana Miller, Manager of Marketing, Communications and Documentation • Hedva Fensterheim, Social Entrepreneur Fellowship Coordinator • Rita Argov, Office Manager • Anat Farkas, Director of Development (06)
Maturity Program Partners • EI, Tiberias • Sacta-Rashi Foundation • Check Point Software Technologies Ltd • EI, Galilee Panhandle • Sacta-Rashi Foundation • Jewish Community Federation of San Francisco, the Peninsula, Marin and Sonoma Counties • United Israel Appeal of Canada/Partnership 2000
Maturity Program Partners • Active Citizenship, Sderot • Amdocs • New Israel Fund • IsraCorps • Sacta-Rashi Foundation • Principal Training • Yad Hanadiv Foundation
2005 Goals • Leverage successes in municipal interventions with a view to: • Manage smooth exits • Drive systemic educational reform • Grow the impact of new initiatives • Develop new leaders • Stimulate economic opportunities • Significantly improve IVN management • Operational and financial management • Membership involvement and communication B+ B+ A B A B-
2006 Goals • Grow @ >>2X IS GDP • Demonstrate intervention sustainability • Expand “Corporate” partnerships: corporations, foundations and federations • Sharpen intervention focus around IVN’s unique contributions
IVN Long Range Goals • Enhanced innovation and efficiency in Israel public sector • High-tech leaders taking the lead in improving Israeli society • A vibrant role for Israel on global stage
Why are you IVN members? • Venture philanthropic organization • Measurement and Evaluation • Demonstrable socio-economic Results • Focus on scalable, systemic solutions • Leveraged investments • Network
IVN ANNUAL MEETING Chairman’s Report Santa Clara, CAEric Benhamou, IVN Chairman Date: 8.May.06 Venture practices to better Israel