Silicon Valley. The year of 1957.

The employee from Wall Street investment banking company Arthur Rock stunned business world.

To finance manufacturing of a new silicon transistor designed by Eugene Kleiner, an engineer from Shokley Semiconductor Laboratories, Arthur Rock attracted 1.5 million dollars – with no guarantees for return and profit.

Rock went round tens of investors. None of them ventured to put up money for an utterly new and untested “paper” idea…, but for another inventor - Sherman Fairchild.

That was the first in history venture capital, and Fairchild Semiconductors - the first semiconductor company in Silicon Valley.

The 60s faced Rock’s triumph. Three million dollars of short-term investments boosted into ninety! That was investors’ turn to be amused.

Intel and Apple Computer ensued. By 1984 Arthur Rock has become a legend of venture business.

That was the beginning of a new history – the age of high technologies.

Today everybody, from a clerk to a top manager, - understand that the only way to challenge globalization and withstand keen competition is development and implementation of innovations.

A new information society has witnessed the drastic shift in hierarchy of key resources from capital towards information, knowledge, and inventiveness – top positions in modern rating of successful business development.

The world is facing such a great demand for innovations that either companies or private investors willingly buy not just off-the-shelf technologies but readily invest into initiate innovative projects to achieve necessary result.

The world (western) hi-tech market is formed and structured. Its history runs into decades. Practice and experience in venture investments are huge, and innovative technologies are in a fixed demand.

Ukraine is facing a lack of free venture capital while foreign businessmen prefer investing into large stable companies with good credit history.

Nevertheless small and medium companies can offer competitive technologies either.

It’s a paradox, but to develop and implement innovations a small or medium company has to put into production a competitive product first. And only after that the received income can be partly reinvested into innovative projects.

The Corporate Council’s members, i.e. potential investors, propose to small and medium companies an alternative to bank-credit - interest-free financing of an innovative project implementation (including research and development work) up to the batch production of its output. Additionally the investor shall assume to prepare IPO and promote the company and its products to international market. This is venture investment – a worldwide practice of foreign hi-tech markets.

Conditions of innovative projects financing are available here.