|
|
 |
 |
 |
| |
 |
| |
The First Class ("Ichiryu")
Seed Money Fund is a venture-support fund that provides comprehensive
business consulting through maximum utilization of an intelligent
information network. The fund was initiated in November 2000, with
Yoshio Ichiryu, President and CEO of Ichiryu Associates (formerly
director-general of Japan's Ministry of International Trade and Industry
(MITI) and current representative coordinator of the Venture Community)
at the helm. In March 2001, the Fund received authorization as a special
investment association, from the Minister of Economy, Trade and Industry.
The "hands-on angel fund" was established together with
associates that share the vision of Yoshio Ichiryu, who serves as
an unlimited liability associate partner and a managing associate
partner. The fund's aim is "not simply making money, but also
sharing the aspirations of young people and realizing them together,"
which has always been Ichiryu's motivation, from the long years at
MITI to today, a time marked by his independence from the Ministry.
The First Class ("Ichiryu") Seed Money Fund's investors
comprise more than ten individuals that participate as limited partners.
They include Yoshio Ichiryu, a university professor experienced with
venture companies, a venture capitalist (the former president of an
IT-related company), a venture company president, the president of
an electronic parts manufacturer, an expert in finance and accounting,
a patent specialist, the president of a securities company engaged
in the support of venture companies, the president of a technology-analysis
and venture-support company, the president of a major trading company,
and a consultant, among others.
When selecting companies to which investment will be provided, the
fund aims at selecting those with qualities that will make them "first-class
(ichiryu, in Japanese) venture companies," based on the following
standards. |
 |
| |
 |
 |
| ◆ Whether the company has strengths
that cannot be duplicated |
| ◆ Whether its business is realistic |
| ◆ Whether it has determination
and passion |
|
|
 |
 |
|
 |
| |
When the Fund selects a company in which it will
invest, generally, one of the limited partners is selected to take
charge of the investment, and that person then takes part in planning
as a company officer or in a similar role. The fund provides follow-up
on a daily basis, with all members actively contributing to raising
the company, rolling up their sleeves together in their own roles
in order to promote the company's growth. The fund is small in scale,
but aims to be Japan's first true "volunteer hands-on angel fund." |
 |
 |
|