News
Issue No. 7 - October/November 2002
Savvy Capital
First Tuesday Adelaide founders Stephen Harvey (Partner, Deloitte) and Conor McKenna (Managing Director, Twoeyes) are turning SA venture capital dealing up a notch with the launch of the new South Australian Ventures’ and Investors’ network (SAVI).
The evolution of First Tuesday, SAVI Inc. is a ‘not for loss’ enterprise geared to stimulate economic growth in South Australia by gathering together a strong and sophisticated venture network to serve the State. SAVI will deliver a constant flow of high-potential technology ventures that are capital-ready and attractive to private equity investors.
Using the internet as its primary tool, and employing a robust on-line/off-line integrated marketing and communications strategy, SAVI will coordinate the structured critical mass of quality deal-flow needed to motivate private investors.
- Facilitating introductions between high potential technology ventures and investors.
- Informing companies and investors on investing and technology commercialization.
- Linking emerging companies with appropriate expertise.
- Providing business resources and services to help SA technology ventures compete in the global marketplace.
Like First Tuesday, SAVI will work across vertical industry clusters to gather the companies, institutions, industry bodies and other organisations and Government delivery agencies that are the 'leaders' of each cluster.
The argument for SAVI-style cen...
