Government Venture Capital Public Sector Accountability
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Government Venture Capital Public Sector Accountability
A structured workflow ensuring accountability in public sector venture capital, from objective setting to exit strategy, with thorough compliance and performance monitoring.
1
Establish investment objectives and limitations
2
Identification of potential ventures
3
Perform preliminary research on potential ventures
4
Development of a shortlist
5
Carry out extensive Due Diligence on shortlisted ventures
6
Compliance check with state and federal regulations
7
Approval: Regulatory Compliance Officer
8
Negotiating terms for investments
9
Approval: Legal and Risk Associates
10
Execution of venture capital agreements
11
Integration of ventures into the portfolio
12
Monitor and regularly review the venture’s performance
13
Approve additional funds for successful ventures
14
Report on venture performance to stakeholders
15
Plan for exit strategies
16
Approval: Executive Board
17
Implement exit strategy
18
Post exit analysis and assessment
19
Debrief and incorporate lessons learned for future investments
Establish investment objectives and limitations
Define the goals and boundaries of the investment. What impact will this have on the overall process? What are the desired results? What resources or tools are required? What challenges might arise and how can they be addressed?
Identification of potential ventures
Discover potential ventures that align with the investment objectives. How will this task contribute to the process? What are the desired outcomes? What knowledge or expertise is required? What challenges might be encountered and how can they be overcome?
Perform preliminary research on potential ventures
Conduct initial research on the identified ventures. How does this task fit into the overall process? What information is needed? What are the expected results? What challenges might arise and how can they be resolved?
Development of a shortlist
Create a shortlist of the most promising ventures. How does this task contribute to the process? What criteria were used to select the ventures? What challenges were faced and how were they addressed? What resources or tools were necessary?
1
Venture 1
2
Venture 2
3
Venture 3
4
Venture 4
5
Venture 5
Carry out extensive Due Diligence on shortlisted ventures
Conduct thorough due diligence on the shortlisted ventures. How does this task impact the overall process? What information is required? What are the expected outcomes? What challenges might arise and how can they be resolved? What resources or tools are needed?
Compliance check with state and federal regulations
Ensure that the shortlisted ventures comply with all relevant state and federal regulations. How does this task fit into the process? What regulations need to be checked? What are the desired results? What challenges might be encountered and how can they be addressed?
1
Regulation 1
2
Regulation 2
3
Regulation 3
4
Regulation 4
5
Regulation 5
Approval: Regulatory Compliance Officer
Will be submitted for approval:
Establish investment objectives and limitations
Will be submitted
Identification of potential ventures
Will be submitted
Perform preliminary research on potential ventures
Will be submitted
Development of a shortlist
Will be submitted
Carry out extensive Due Diligence on shortlisted ventures
Will be submitted
Compliance check with state and federal regulations
Will be submitted
Negotiating terms for investments
Negotiate the terms of investments with the selected ventures. How does this task contribute to the overall process? What are the desired outcomes? What knowledge or expertise is required? What challenges might arise and how can they be resolved?
Approval: Legal and Risk Associates
Will be submitted for approval:
Establish investment objectives and limitations
Will be submitted
Identification of potential ventures
Will be submitted
Perform preliminary research on potential ventures
Will be submitted
Development of a shortlist
Will be submitted
Carry out extensive Due Diligence on shortlisted ventures
Will be submitted
Compliance check with state and federal regulations
Will be submitted
Negotiating terms for investments
Will be submitted
Execution of venture capital agreements
Finalize and execute the venture capital agreements. How does this task fit into the process? What agreements need to be executed? What are the desired results? What challenges might be encountered and how can they be addressed?
1
Agreement 1
2
Agreement 2
3
Agreement 3
4
Agreement 4
5
Agreement 5
Integration of ventures into the portfolio
Integrate the selected ventures into the investment portfolio. How does this task contribute to the overall process? What integration activities are required? What are the desired outcomes? What challenges might arise and how can they be resolved?
1
Activity 1
2
Activity 2
3
Activity 3
4
Activity 4
5
Activity 5
Monitor and regularly review the venture’s performance
Monitor the performance of the ventures in the investment portfolio and conduct regular reviews. How does this task impact the overall process? What information needs to be monitored? What are the expected outcomes? What challenges might arise and how can they be resolved?
Approve additional funds for successful ventures
Decide on and approve additional funds for successful ventures in the portfolio. How does this task fit into the process? What factors are considered when deciding on additional funds? What are the desired results? What challenges might be encountered and how can they be addressed?
Report on venture performance to stakeholders
Prepare and share reports on the performance of ventures with stakeholders. How does this task contribute to the overall process? What information needs to be included in the reports? What are the desired outcomes? What challenges might arise and how can they be resolved?
Plan for exit strategies
Develop plans for exiting ventures in the portfolio. How does this task fit into the process? What factors need to be considered in developing the exit strategies? What are the desired results? What challenges might be encountered and how can they be addressed?
1
Factor 1
2
Factor 2
3
Factor 3
4
Factor 4
5
Factor 5
Approval: Executive Board
Will be submitted for approval:
Establish investment objectives and limitations
Will be submitted
Identification of potential ventures
Will be submitted
Perform preliminary research on potential ventures
Will be submitted
Development of a shortlist
Will be submitted
Carry out extensive Due Diligence on shortlisted ventures
Will be submitted
Compliance check with state and federal regulations
Will be submitted
Negotiating terms for investments
Will be submitted
Execution of venture capital agreements
Will be submitted
Integration of ventures into the portfolio
Will be submitted
Monitor and regularly review the venture’s performance
Will be submitted
Approve additional funds for successful ventures
Will be submitted
Report on venture performance to stakeholders
Will be submitted
Plan for exit strategies
Will be submitted
Implement exit strategy
Execute the planned exit strategies for ventures in the portfolio. How does this task contribute to the overall process? What exit strategies have been planned? What are the desired outcomes? What challenges might arise and how can they be resolved?
Post exit analysis and assessment
Conduct analysis and assessment after implementing the exit strategies. How does this task fit into the process? What aspects need to be analyzed and assessed? What are the expected outcomes? What challenges might be encountered and how can they be addressed?
1
Aspect 1
2
Aspect 2
3
Aspect 3
4
Aspect 4
5
Aspect 5
Debrief and incorporate lessons learned for future investments
Reflect on the investment process, debrief the team, and identify lessons learned for future investments. How does this task contribute to the overall process? What insights have been gained? What improvements can be made? What challenges were faced and how were they overcome?
