Two independent enterprises and Beyond
Service Ltd., specialized in business consulting and seed funding
established in 1999 the TAKEOFF alliance aimed at leading
high potential entrepreneurs to achieve success in their business.
In 2003 Takeoff Life Sciences was established to focus on applications
in medical devices, pharmaceurical products, bioinformatics, agrobiology
etc�
Our Mission Statement
- We choose, mentor, actively assist and promote Israeli start-up
companies. We coach executives but never replace them at work. As
a rule, part of our compensation is becoming a minor partner in
the accompanied start-ups. We are focused on software for the Internet
and biotechnology but are open to unique opportunities from other
industries as well.
Choosing start-ups for mentoring is based on the following criteria:
- Our ability to contribute special added value - we partner only
when our professional background and contacts are strongly related
to the company's success
- Founders'/owners' openness to learn and execute - a go/no go
issue. Thoroughly checked before partnering.
Quality of management team - a crucial success factor. We conduct
an evaluation and reinforcement when it exists and we build it
if we partner in a preliminary stage.
- Product uniqueness - we help identify and formulate the product's
features & benefits by conducting a preliminary competitive
analysis. We help identify (sometimes create) and protect the
differentiating factors and competitive edge.
- Industry/segment life cycle and barriers to entry - a preliminary
investigation SWOT analysis is conducted to find the potential
market.
- Technology vulnerability - when required, we check patentability
in collaboration with a law firm specializing in IP.
Working scheme - We get involved in:
Valuation -> Funding & Finance -> Creation -> Organizational
structure -> Recruitment -> Strategic Planning -> Marketing
& Sales -> Business Development -> Exit plan
We provide the following services:
Financial issues
Planning and assistance during the on-going funding process (i.e.
how much money to raise for how much equity and when) and advise
on the investors portfolio.
Assisting in the Business Plan preparation
Bearing the responsibility for communication with investors,
when needed.
Assist in budgeting and decisions regarding allocation of resources.
More of a back-up approach then an active role is taken when
a capable CFO is in place.
Plan the Exit for the founders & the investors - IPO or M&A.
in specific cases we personally invest in the accompanied start-up.
Organizational issues
An active, guiding and monitoring role in the establishment of
the company is taken, when necessary.
Assistance in the recruitment process of key personnel.
Planing and monitoring of the growing company's organizational
design.
Business issues
Strategic Planning - long term thinking and preparation of a
strategic plan.
Business development & partners identification - OEM, vertical
markets identification etc.
Preparation for negotiation.
Marketing & sales planning and organization - segmentation,
targeting, positioning, marketing mix, support, distribution etc.
For
a presentation on Takeoff please click here
or visit the Takeoff site: http://www.takeoff.co.il
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