13 February 2017, Monday ⏐ Swissotel The Bosphorus Istanbul ⏐ Fuji Main Hall ⏐ 10.30am – 11.10am
Global Action Plans for the Future of Corporate Venturing and Angel Investment Collaboration
Global leaders will discuss developing collaborations between corporate ventures and angel investors. The panel will suggest practical ways for corporate ventures to acquire skills and for angel investors to ways access second-, third- and fourth-round investments. The importance of encouraging corporates to focus on corporate venturing will be discussed. then to R&D will be a road map for the future of a better collaboration of corporate ventures and angel investors, more corporate ventures will leverage the exit success stories of local economies and collaboration with angel investors will increase the efficiency of the R&D departments.
13 February 2017, Monday ⏐ Swissotel The Bosphorus Istanbul ⏐Fuji Main Hall ⏐ 11.30am – 12.30pm
A New Roadmap: From Startups to Angel Investors to Corporate Ventures to Stock Exchanges
This panel discussion will describe a new roadmap that will leverage early-stage investment markets by positioning corporate ventures as a bridge between angel investors and stock exchanges. The panel will discuss the benefits of increased involvement of corporate ventures in early-stage investment markets, where startups, entrepreneurs and SMEs will find early exit opportunities within their own market. Other challenging questions to be discussed: Which are the better bridges to IPO: corporate ventures or VCs? What do angel investors expect from corporate ventures and vice versa? Are stock exchanges more open to angel investors backed by corporate ventures or corporate ventures backed by angel investors ?
13 February 2017, Monday ⏐ Swissotel The Bosphorus Istanbul ⏐ Fuji Main Hall ⏐ 2pm – 2.45pm
Innovative Policies for the Promotion of Innovative Financial Instruments for SMEs and Early-Stage Investment Markets
There are new trends in global capital markets such as corporate venturing, angel investment, crowdfunding, private equity, and sovereign wealth as new types of direct foreign investment. At the same time, countries like the United States are struggling in taking on of some of of these investment methods – crowdfunding, for example – despite the positive economic impact and the need for such a financial instrument. This panel will discuss how innovative policies can be developed and what the role of public–private partnerships might be in this process. The panel will attempt to put forth a concrete approach to changing the mindset of individuals who are in decision-making positions, both in public and private institutions. Any policy that supports entrepreneurs and SMEs directly, or that supports the supporters of entrepreneurs and SMEs, is useful, including converting public money to smart money by involving more angel investors and corporate ventures. A critical and game-changer question will be addressed: How can chambers of commerce and industries partner with angel investors, SMEs and corporate ventures to create an impact on innovative policies?
13 February 2017, Monday ⏐ Swissotel The Bosphorus Istanbul ⏐ Fuji Main Hall ⏐ 3pm – 3.45pm
The Changing Role of Banks in the Early-Stage Phases of Capital Markets
For corporates, among the factors that guide decisions on cross-border investments are the overall business and competitive environment, the incentive framework and regime, the regulatory framework, and access to talent. Engagement with policymakers and angel investor networks is important, as is the effective management of relationships and engagement. Global angel investors also look at innovative models and structures for investments in new markets. The panel will discuss how banks can be turned into informed networking and mentorship centres that can ease access to finance for startups and SMEs and access to talent and skill for angel investors. The panel will then attempt to define new roles for banks at the global level, given their potential to provide a reliable networking platform.
13 February 2017, Monday ⏐ Swissotel The Bosphorus Istanbul ⏐ Fuji Main Hall ⏐ 4.30pm – 5.15pm
Technoparks 3.0: New Rules of the Game to Accelerate Investment Readiness for Angel Investors and Corporate Ventures
One of the most important barriers in early-stage investment markets is the lack of the investment readiness of entrepreneurs and SMEs. However, the estimated rate of increase in the number of startups with innovative business ideas is greater than the rate of increase in the number of angel investors. OECD statistics show that 1.2% of entrepreneurs are able to secure angel investor finance. Angel investors and angel networks therefore see technoparks as practical access-to-talent gates. The panel will discuss how technoparks can help increase the efficiency of deal flows for angel investors and serve as a bridge between startups and angel investors. Can this role be expanded to include deals between angel investors and corporate ventures? Is there room for technoparks to play in the midfield, connecting all the players of early-stage investment markets? How should incubation and acceleration centres be involved in the ecosystem of each technopark so as to leverage the pipeline efficiency from startup to angel investor to corporate ventures and VCs to stock exchanges?
13 February 2017, Monday ⏐ Swissotel The Bosphorus Istanbul ⏐ Fuji Main Hall ⏐ 5.15pm – 6pm
The Strategic Role of Global Corporate Ventures in Building and Maintaining National Competitiveness
In an increasingly market-driven global economy, a national economy needs to be competitive in order to develop and prosper in today’s world. Globalisation of investments in early-stage investment markets will not only boost job creation but also competitiveness. The panel will discuss the strategic role of corporate ventures as providers of the innovative resources and technical and managerial skills that are so important in building and maintaining national competitiveness. They will focus on how to attract the right kind of corporate venturing that can help enhance skills and education, transfer competencies, strengthen manpower, and build innovation systems, thereby contributing to the competitiveness of the host nation. How can corporate ventures help improve the early-stage investment climate in host nations, globalise local business ideas and contribute to early exits?
13 February 2017, Monday ⏐ Swissotel The Bosphorus Istanbul ⏐ Lousanne Hall ⏐ 2pm – 3pm
Global Trends and Expectations for FinTech 2020
In the FinTech industry, most innovations come from developing markets. It is interesting to note how Alipay in China developed so much and to witness really exciting mobile payments out of Africa, where penetration is high. A large part of the next chapter of the FinTech story will revolve around how governments and banks adjust to these new developments. The panel will discuss how banks and telecom companies will act together in the upcoming years to enhance the FinTech industry. What will be the response of policymakers to more FinTech in daily life? The UK and EU have both been very obliging when it comes to regulations. With their recently-implemented regulatory measures, they have forced banks to open up their infrastructure to allow collaboration with FinTech companies. Will other countries follow the lead of the EU and the UK? What about China? What will be the involvement of telecom companies in the FinTech environment? Will telecom companies and banks set up their own corporate ventures to focus on FinTech ventures that will create good solutions for their own customers? Or will they follow ‘open innovation’ steps by reciprocally sharing best practices?
13 February 2017, Monday ⏐ Swissotel The Bosphorus Istanbul ⏐ Montreux Hall ⏐ 2pm – 3pm
The Impact of Brexit on Early-Stage Investment Markets in Europe and Other Parts of the World
The 23 June referendum – in which Britain voted by a majority of 52% to leave the EU – marked a seismic shift in the UK’s international trade policy. Now the problem-strewn relationship with the EU appears to be coming to an end. With official negotiations with Brussels not expected to start before 2017, and are slated to last for up to two years, investors face a protracted period of uncertainty. The panel will try to present a clear picture of the obstacles that early-stage investment market players will face after Brexit and of the impact of Brexit on angel investor exit strategies, fundraising by entrepreneurs, startups and SMEs, and cooperation with EU institutions in supporting early-stage investment markets.
13 February 2017, Monday ⏐ Swissotel The Bosphorus Istanbul ⏐ Montreux Hall ⏐ 3.20pm –3. 40pm
Investing in Africa - Trends & Developments
Emerging market investments are certainly not for the faint of heart: you need to take a long view and be prepared for extreme volatility. In this 15-minute fireside chat we look to seperate 'fact from fiction' and learn first-hand from two long time investors in Africa what the key trends and developments are and why they invest in Africa. What are the opportunities and what are the risk? How is tech changing the continent? How do political and currency risk influence investment decisions? How are angel investors helping to shape the Africa of Tomorrow and how can international investors get involved and team up with investors on the ground?
13 February 2017, Monday ⏐ Swissotel The Bosphorus Istanbul ⏐ Montreux Hall ⏐ 3.40pm – 4pm
Focus on the WBAF Regional Report: Early-Stage Investment Markets - Southeast Europe
This panel discussion will give the audience an opportunity to discuss the main issues and challenges they face in early-stage investment in Southeast Europe. Guidelines will be provided for addressing these challenges. The WBAF Regional Report on the early-stage investment markets of Southeast Europe took a qualitative approach to gathering information from ten stakeholders from seven Southeast European countries: the Former Yugoslav Republic (F.Y.R) of Macedonia, Slovenia, Croatia, Greece, Montenegro, Turkey, Bulgaria – and Kosovo. At the 2016 World Business Angels Investment Forum, data was collected through a structured group interview comprising six open-ended questions. The findings are in line with the theoretical foundations presented in the literature review with regard to institutional, stakeholder and organizational communication theories.
13 February 2017, Monday ⏐ Swissotel The Bosphorus Istanbul ⏐ Bern Hall ⏐ 2pm – 3pm
G20 Vision for the proliferation of Collaboration Between Corporate Ventures and Angel Investors
The recovery of the world economy has been slower than expected, and unemployment and underemployment remain major concerns for G20 members. At the same time, waves of technological change, economic globalisation, and industrial and demographic changes present new challenges and opportunities for G20 economies in both the short and longer terms. G20 members need to redouble their efforts to support a more innovative pattern of inclusive economic growth, with new engines of development and new pathways for job growth. The UN 2030 Agenda for Sustainable Development calls explicitly for member states to implement policies that are conducive to entrepreneurship, creativity and innovation. G20 member states met in Beijing on 12-13 July 2016 to discuss an action plan for developing entrepreneurship in G20 states. Today’s panel will attempt to define the role of corporate ventures and angel investors in the G20 Entrepreneurship Action Plan.
13 February 2017, Monday ⏐ Swissotel The Bosphorus Istanbul ⏐ Bern Hall ⏐ 3pm – 4pm
The Science of Success: Investigating an Innovative Methodology Charting Possible Steps to Startup Success
Many universities have developed their business programme curriculum and the teaching of entrepreneurship methodology to align with the Startup Compass Theory, which proposes nine steps an entrepreneur has to consider: from wannapreneurship to innovation, on to entrepreneurship and marketing and sales, and then to branding to institutionalisation and franchising, finally progressing to leadership and angel investment. While the inclusion of this approach in educational programmes and workshops attests to its success, it has only recently been evaluated and scientifically validated. In this panel, a research team will present their findings about the applicability of the Startup Compass Theory.
13 February 2017, Monday ⏐ Swissotel The Bosphorus Istanbul ⏐ Bern Hall ⏐ 4.30pm – 5.15pm
The Role of the Global Youth Empowerment Fund (GYEF) in the World’s Early-Stage Investment Markets
The number of unemployed people reached 197.1 million globally in 2016, an increase of 1 million from 2014, and 27 million more than the pre-global financial crisis level. The current rate of youth who are neither in education nor in employment or training (NEET) ranges from 10% to well over 30% in most developed countries and has been on the rise in the past few years. These data illustrate the employment challenges currently facing these countries, all of which are interested in finding ways to create more job opportunities and improve job quality so as to achieve sustainable and balanced economic growth. This panel aims to address the challenges associated with unemployment and with mentoring and supporting youth who want to to initiate their own startups as a solution to their unemployment, along with the collaborative efforts needed for a better entrepreneurship ecosystem.
13 February 2017, Monday ⏐ Swissotel The Bosphorus Istanbul ⏐ Bern Hall ⏐ 5.15pm – 6pm
The Role of Corporate Ventures as Sources of FDI in Creating Sustainable Cross-Border Investments
The World Association of Investment Promotion Agencies (WAIPA) follows in the footsteps of the United Nation’s Sustainable Development Goals (SDGs). Goals 8, 9 and 10 are of particular importance and ultimately speak of empowering local communities and improving their wellbeing. The WAIPA consultative committee is part of the debate on sustainability, with participation from senior game-changing officials from UNCTAD, UNIDO, IEDC, OECD and the World Bank. The panel will try to draw a roadmap to set up a strong bridge between corporate venturing and foreign direct investment (FDI) that will lead to more creative ways of making cross-border investments worldwide.