Enabling Regulatory Environment
Is it viable to provide incentives to institutional investors, e.g. pension funds, to promote investment into VC Funds?
How can the enforcement of ExCon regulation be adapted to promote the globalisation of South African based VC investments?
What other Government actors need to be involved in these discussions?

Public Sector NSI as feeder into VC pipeline
The linkage and relationship between public sector National System of Innovation, with the Department of Science and Technology as Government custodian and driver, is critical in creating high growth potential businesses based on technology innovations. In light of the creation of the TIA, are there additional Government interventions required to ensure a healthy feeder into the VC pipeline, and if so, what are they?
How can the linkages be improved and who are the actors in this?

A few key principles:
Policy makers must have a realistic starting point in mind – a good Private Equity market does not equal a good VC market, we need good deal flow
The incentives and structures put in place need to be long term in nature – need a long term commitment
Replication is key – major drivers of US and Israeli successes are the defence industry and related spin offs. Need to focus either on VC break troughs or replicatable entrepreneurship
Must drive the culture of HNWI to give back (fund entrepreneurship development and backing – cash returns with social return underpin) – very successful in Anglo Saxon world not so successful in rest of EU
Need to foster international orientation of the VC investment – international expansion/markets
Role of University Endowments and Family offices must be increased, as VC investment has a liability cycle that is too long for pension funds etc to invest into funds