Early Stage Venture Capital for British Technology Companies



Before you start, please read our Legal Notices

These links and resources were updated in June 2004. We hope you get something out of them.

If you are trying to raise money, write a business plan or understand the way venture capital works these links may be a useful resource, a starting point, even an 'agent provocateur' ...

    Raising Venture Capital
    Business Plans
    UK-specific sites
    Intellectual Property
    Magazines / Resources
    If you have time ...


Raising Venture Capital

An overview of the basic issues... (USA)     On the Netpreneur Exchange website; click on the link to "Venture Capital - An overview of the basic issues and challenges for entreprenuers" from Andrew Sherman at law firm McDermott, Will and Emery. (pdf file). Also worthwhile by the same author on the Netpreneur site is Anatomy of a Term Sheet (another pdf file).

Buzz of the Week (USA) the archive of weekly articles on the venture capital industry published by the excellent VCExperts.com. Free registration required. For example try the recent (July 2003) article on "Why business plans don't get funded"

That thing Venture Capitalists do (USA) From the Federal Reserve Bank of Philadelphia's Business Review, a clear background to the venture capital 'industry' by senior economist Mitchell Berlin. (pdf file)

Presenting to Venture Capital firms (USA) from MIT's website supporting their business plan competition, these notes are from a seminar run by a partner at Mohr Davidow Ventures.

Private Equity brochure - An entrepreneur's guide to private equity (UK) useful overview published as part of law firm Taylor Wessing's London office Plain Dealing campaign. Click on the link toward the bottom of the page for the Private Equity brochure; also good is the "Getting your house in Order" link (on the same page) which gives a summary checklist for technology companies seeking investment.

How to win VC (USA) from Red Herring's site where an interview with two seasoned entreprenuers provides advice on raising capital from VCs.

20 questions you will be asked by VCs (USA) from VCapital, online exchange for entrepreneur and investor, this article discusses the kind of questions venture capitalists might ask when trying to find the "fatal flaw", the "deal killer".

The entrepreneur's guide to raising private capital (USA) from the netrepreneur.org site, a useful slide show from Larry Robertson of Lighthouse Consulting.

10 steps to secure venture capital (USA) a useful checklist from East Coast US healthcare and IT venture capital firm Euclid SR

Debt Or Equity? (USA)     from The Capital Connection - "The Entrepreneur's Web Site For Financing Resources" looks at which kind of capital might be appropriate for your business.

John Doerr's Start-up Manual (USA)     from Fast Company magazine, an interview with the VC behind (among others) America Online and Netscape - his views and advice on starting a company and raising venture capital.

The smart VC responds to a bunch of dumb questions (USA) Another great source of good advice is an occasional column that was run by The Red Herring (in the magazine and on the website) called The Smart VC by Lawrence Aragon. This particular article has one VC answering readers questions on how best to present their companies to VCs; another by Mr Aragon looked at the difficult funding environment in early 2001 The second-round blues

Advice to First Time Entrepreneurs (USA)     Accel are one of the biggest  venture capital firms in North America; this one looks at evaluating a venture capital firm to meet your company's needs. Also on the same site is How to Win a Venture Capitalist.

A Venture Capital Analysis (USA)     a general business resource site produced by morebusiness.com. They have a series of articles on financing small businesses including this background piece on venture capital by one of the partners at the Edison Venture Fund in the US. Also on the same site is Financing Guide - Private Equity Alternatives

Venture Capital: How to raise money in the UK   advice from the firm Black & Williams (turnaround specialists). The author spent many years as a venture capitalist himself.

Three keys to obtaining venture capital (USA)    useful background from PWC's US private equity group.

Fund me .... Please! (USA) from CNET's News.com site; useful background piece for raising capital in the current climate from Californian early stage / seed VC Robert von Goeben.

Interview with - Massachusetts Technology Development Corporation (USA)    this interview gives more insight into the investment processes of a relatively small US technology venture capital firm.

top of page


Business Plans

Perfecting your pitch: the horse race (USA) published in Fast Company magazine, but from Garage.coms' 'bootcamp for start-ups'. This article looks at your business plan's executive summary. Two others complete the series - on the "elevator pitch" (with its great title "Assume short buildings"), and the presentation.

Building a strong business plan (USA) from Inc.com, some useful resources to help along the business plan process. Especially good is this article on "How to write a business plan that will get you in the door".

Planning Fundamentals (Can)   from the Canada / British Columbia Business Service Centre, a look at business plan fundamentals and cash-flow forecasting, together with a sample plan that can be downloaded.

Bplans.com (USA)   a site devoted to business plans for entrepreneurs.

The Nuts and Bolts of Business Plans (USA)     from Joe Hadzima at the Massachusetts Institute of Technology; these are the presentation slides from his Jan. 2003 course at the MIT Entrepreneurship Center.

Assessing business plans (USA) also with some great insights are these comments from judges of MIT's annual business plan competition on what it is they are looking for.

top of page


UK Sites

British Venture Capital Association     includes information on the association and its services, statistics on the UK venture capital industry, details on publications and research.

NESTA   National Endowment for Science, Technology and the Arts, set up by the National Lottery Act in 1998, makes financial awards in the £50,000 to £150,000 range.

Business Link    main page for the Business Link network detailing all the services available. You can access all the local Business Links.

UK Business Incubation    site from the Centre for Business Incubation Policy in the UK.

UK Science Park Association website giving information on more than 50 UK science parks

Intellect    the organisation serving the IT software and services, telecommunications or electronics industries in the UK.

Small Firms Loan Guarantee    from the DTI's site comes this brief description of the Small Firms Loan Guarantee Scheme.

SMART awards also from the Business Link's site, information on SMART awards and other sources of seed / R&D funding

The Oxford Trust  charitable foundation which includes the Oxford Investment Opportunity Network (another business angels network) and The Oxford Centre for Innovation (science and technology business incubator).

The Cambridge Network     "Linking Cambridge to the global high tech community"

Venturedome   information and news on the UK venture capital scene

top of page


Intellectual Property

The Patent Office (UK)     summaries on patents, trademarks, copyright and more.

Patent information on the internet  (UK)   from Free Pint, the email newsletter giving you tips, tricks and articles on how and where to search online more effectively.

Patents in the United Kingdom (UK)     one of a number of pieces on Mewburn Ellis' site (one of the UK's largest patent agents); other areas covered include European and US patents, trademarks, and copyright and designs.

UK Patent Information (UK) click through to the Patents section for a general introduction to UK and overseas patent information from Willaims, Powell & Associates.

Avoiding intellectual property problems (USA) from the Franklin Pierce Law Center

Intellectual Property - Copyrights, Trademarks and Patents (USA)    general background on IP from US law firm Bingham, Dana & Gould.

top of page


Magazines / Resources

Fast Company  "how smart business works".

Red Herring   "the business of technology".

Business 2.0 'business, technology, innovation' (subscription required)

Wired   "crucial tech"

wsj.com Startup Journal The Wall Street Journal's center for entrepreneurs

Tornado-Insider.Com   "Inside Europe's New Economy"

Inc. Magazine "for the business builder who is long on work and short on time"

Business Week Online   resource for small business owners.

Forbes.com "home page for the world's business leaders"

entreworld.org    "a world of resources for entrepreneurs".

Peerspectives "information, insight and inspiration for business owners"

Darwin "business evolving in the information age"

The Register "Biting the hand that feeds IT"

Technology Review Massachusetts Institute of Technology site & magazine promoting understanding of emerging technology

top of page


If you have time ...

The VC  (USA) a tragically short 41-part series of comic strips about VCs - complete fantasy obviously...

Lies to make a VC groan (USA) from Business Week online, Guy Kawasaki's (founder of garage.com) observations on the worst faux pas.

Adventures of a Global Venture Capitalist (USA)     From Fast Company magazine, hot money hunting for cool ideas

Venture Capital Glossary (USA)     from the North Western US firm of OVP Venture Partners. This is strictly tongue-in-cheek !

The Trade-off Game (USA)    from Arthur Anderson's Emerging Business Consulting Group. Should the "idea person" (probably the company's founder) also end up being the chief executive?

Starting your startup (USA) from Fast Company magazine, useful advice "nuggets" from experienced entrepreneurs.

Lies, damned lies, and marketing lies (USA) from Network World Fusion, the first of two articles by Howard Anderson looks at lies told to VCs by entrepreneurs. The second article "Lies venture capitalists tell entrepreneurs" makes a valiant attempt to balance the books.

top of page


If you have any any other links which you think may be worthwhile additions please e-mail us the details. Thank you.


About us | Team | Investment criteria | Investment strategy | Business plans | Portfolio | Case studies | Links & resources | Contact us

Member of the British Venture Capital Association
Top Technology Ventures Limited is Regulated By the FSA
Copyright Top TechnologyVentures Limited. 2001-2004. All rights reserved.


Legal Notices

Except where otherwise expressly stated the information on this Site has been issued and approved for the purposes of the UK Financial Services and Markets Act 2000 by Top Technology Ventures which is regulated by the FSA.
None of the statements on this Site excludes or restricts any duty or liability that Top Technology Ventures has under the FSA rules or the UK Financial Services and Markets Act 2000.
Funds managed by Top Technology Ventures are not available to members of the general public. In addition, the funds referred to in this Site are not available for distribution to or investment in by US investors.
Nothing on this Site is intended to constitute an offer or solicitation to buy or sell investments of any description in any jurisdiction. Top Technology Ventures makes no representation that the information or materials on this Site are appropriate for use in all locations, or that any Investments or services which are referred to on this Site are available in all jurisdictions, to everyone, or at all. In accessing this Site, you are responsible for compliance with local laws or regulations and for obtaining your own legal, tax and financial advice before entering into any transaction with Top Technology Ventures.
Owing to the nature of this Site, and the nature of electronic distribution via the world wide web, Top Technology Ventures will not have any liability (whether in contract or tort, for negligence or otherwise) for any losses, costs or damages resulting from or related to use of or inability to use any material posted or transmitted on or via this Site to the fullest extent to which such liability may be excluded or avoided by law and in no event shall Top Technology Ventures be liable to anyone for lost profits or for indirect, incidental, special, punitive or consequential damages arising out of or in relation to the material posted or transmitted or access to, use or performance of, or browsing in this Site or any linked Site.
This Site is protected by the laws of copyright with all rights reserved and is provided for lawful purposes only. You may not copy, print, download, sell, redistribute or reproduce the material other than for your personal use. TTV makes no warranties in relation to the accuracy, reliability or completeness of any of the information contained on this site.
TTV does not guarantee that this site is free from any virus or other harmful element and will not be responsible for any damage you may suffer from any such virus or material. This Website is intended for non-private customers only.

The links contained on this site to material on other sites are for your ease of access only. The presence of such links does not represent any approval or endorsement by TTV or any association with the proprietors of such other sites. TTV is not responsible for the content available on any other internet sites linked to this site, and makes no representations or warranties as to the accuracy of or any other aspect relating to those sites or the information contained on them. The views expressed in those sites are the views of the proprietors of the site or the contributors to it and not of TTV. Access to any other internet sites linked to this site is at the user's own risk.