WHAT NOW, NORWAY? FACTS & FIGURES ASTRONAUTS & … · Crowdfunding record holder: Moonwalk Tomorrow...
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FACTS & FIGURES A world’s first: Moonwalk Tomorrow is the world’s first true crowd innovation program (and company portfolio) with its crowdfunded, crowdsourced and crowd ownership model. Owners: Moonwalk Tomorrow Ltd. was founded by Moonwalk Ltd. and Norwegian University of Science & Technology (NTNU). Its owners are today 43 Moonwalk Astronauts & Innovators (program participants) and more than 160 Angel investors (equity crowd- funders). Proven plan: The Moonwalk Tomorrow plan is based on the award- winning Moonwalk Innovation System previously only available to big corporations (with a USD 2 billion turnover attribution). Capital efficiency: Participants (on-site ‘Astronauts’ and online ‘Innovators’) put in a total of 12,600 work hours. Moonwalk support team recorded 4,500 hours. Angel investor network contributed hundreds of hours. 15 employees in 5 growth companies put in 15,000 work hours. An accumulated value in excess of USD 2,2 million by end spring 2016. for less than USD 600,000 in funding. Crowdfunding record holder: Moonwalk Tomorrow is the Norwegian record holder of crowdfunding with more than USD 700,000. «Moonwalk is the most important thing going on in Norway right now. Yes, really.» Odd Gulbrandsen Norwegian University of Science & Technology moonwalk.me/tomorrow WHAT NOW, NORWAY? Yesterday, Norway built its fortunes and employment on oil and gas. Today, jobs are lost as investments are withdrawn. Tomorrow, we turn the advantages of an oil and gas nation into new industries, new jobs and new wealth. And everyone can join us. Now. ASTRONAUTS & INNOVATORS TO THE RESCUE Spring 2015, 45 people committed funds, time and expertise to create Beyond Oil & Gas Adventures from the nation of Norway. They embarked on a 100 day sprint to understand this challenge better than anyone. To develop fresh perspectives, craft actionable insights and find compelling Moonshots. Then turn Moonshots into a portfolio of only viable solutions to this challenge. Solutions in the form of self- sustainable growth companies with the promise of new industries, new jobs and new wealth. 9 companies Fall 2015, headcount passed 60. Highly motivated teams started the next 100 day sprint. They tested and de-risked the companies in- market: Do they want it? Can we deliver it? Will it be worth it? Proving each company has a customer, a market, and a business with growth potential. 7 companies made the cut. Spring 2016, the Moonwalk Tomorrow portfolio of companies turned to the people for funding. The crowdfunding of USD 550,000 secured 15 employees in 5 growth company teams. These teams conducted in-marked pilot operations in Kenya, in India, in Far East and online – to prove feasibility, capability and scalability. Now with 160 owners. 4 growth companies passed next round of portfolio crowdfunding. Fall 2016, growth companies commence full operations and prepare rapid growth in Africa, the Far East and online. Investors are now invited to CapEx growth funding in each company. «We have to reinvent how the world innovates. Moonwalk is that system.» Jan Grønbech Longest serving Country Director at Google
Transcript of WHAT NOW, NORWAY? FACTS & FIGURES ASTRONAUTS & … · Crowdfunding record holder: Moonwalk Tomorrow...
FACTS & FIGURES
A world’s first: Moonwalk Tomorrow is the world’s first true crowd innovation program (and company portfolio) with its crowdfunded, crowdsourced and crowd ownership model.
Owners: Moonwalk Tomorrow Ltd. was founded by Moonwalk Ltd. and Norwegian University of Science & Technology (NTNU). Its owners are today 43 Moonwalk Astronauts & Innovators (program participants) and more than 160 Angel investors (equity crowd-funders).
Proven plan: The Moonwalk Tomorrow plan is based on the award-winning Moonwalk Innovation System previously only available to big corporations (with a USD 2 billion turnover attribution).
Capital efficiency: Participants (on-site ‘Astronauts’ and online ‘Innovators’) put in a total of 12,600 work hours. Moonwalk support team recorded 4,500 hours. Angel investor network contributed hundreds of hours. 15 employees in 5 growth companies put in 15,000 work hours. An accumulated value in excess of USD 2,2 million by end spring 2016. for less than USD 600,000 in funding.
Crowdfunding record holder: Moonwalk Tomorrow is the Norwegian record holder of crowdfunding with more than USD 700,000.
«Moonwalk is the most important thing going on in Norway right now. Yes, really.»
Odd GulbrandsenNorwegian University of Science & Technology
moonwalk.me/tomorrow
WHAT NOW, NORWAY?
Yesterday, Norway built its fortunes and employment on oil and gas. Today, jobs are lost as investments are withdrawn. Tomorrow, we turn the advantages of an oil and gas nation into new industries, new jobs and new wealth. And everyone can join us. Now.
ASTRONAUTS & INNOVATORS TO THE RESCUE
Spring 2015, 45 people committed funds, time and expertise to create Beyond Oil & Gas Adventures from the nation of Norway. They embarked on a 100 day sprint to understand this challenge better than anyone. To develop fresh perspectives, craft actionable insights and find compelling Moonshots. Then turn Moonshots into a portfolio of only viable solutions to this challenge. Solutions in the form of self-sustainable growth companies with the promise of new industries, new jobs and new wealth. 9 companies
Fall 2015, headcount passed 60. Highly motivated teams started the next 100 day sprint. They tested and de-risked the companies in-market: Do they want it? Can we deliver it? Will it be worth it? Proving each company has a customer, a market, and a business with growth potential. 7 companies made the cut.
Spring 2016, the Moonwalk Tomorrow portfolio of companies turned to the people for funding. The crowdfunding of USD 550,000 secured 15 employees in 5 growth company teams. These teams conducted in-marked pilot operations in Kenya, in India, in Far East and online – to prove feasibility, capability and scalability. Now with 160 owners. 4 growth companies passed next round of portfolio crowdfunding.
Fall 2016, growth companies commence full operations and prepare rapid growth in Africa, the Far East and online. Investors are now invited to CapEx growth funding in each company.
«We have to reinvent how the world innovates. Moonwalk is that system.»
Jan GrønbechLongest serving Country Director at Google
PROVEN 2-YEAR PLAN
Moonwalk, NTNU and participants build new industry adventures for exits when growth potential is proven. The target is 100 employees and cash positive rapid growth within 3 years.
100 days to understand the challenge better than anyone: To build a portfolio of breakthrough innovations in the form of self-sustainable rapid growth companies. End deliverable is a Company Portfolio.IN
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100 days to build the business: Companies funded. Engage Minimal Viable Organization teams on ‘entrepreneur salaries’ and stock options. Pilot operations, prove traction and maximize cash-flow.
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100 days to prove the companies: Do they want it? Can we do it? Will it be worth it? In market de-risking to prove customers, market and a growth business. End deliverable is incorporation of proven Companies.PR
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100 days to grow the businesses out of our hands: Market expansion and rapid capacity growth. Traction and expansion prove potential. Structure for exit as management buy-out, trade-sale, acquisition, or IPO.
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Planned exit: Management buy-out, trade sale or acquisition to industrial or financial owners. Or an IPO. Right-of-first refusal for existing owners.EX
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Power Innovation PAWA TECHNOLOGY LTD.Leapfrogging power grids: Off-Grid power ecosystem turning people into power consumers, traders and producers - as a business, not by aid.
Knowledge Innovation MOCEAN ONE LTD.New riches from the oceans: The global subscription marketplace for ocean and sub-ocean data giving the world access to make business from the oceans.
Water Innovation MAJIKO LTD.New riches from the oceans: The global subscription marketplace for ocean and sub-ocean data giving the world access to make business from the oceans.
Food Innovation MARINE GARDEN LTD.Sustainably feed the world from the oceans: Scalable natural habitat subsea ocean farming.
Sanitation Innovation SUMANDIR LTD.Leapfrogging investments: Off-Grid sanitation ecosystem turning human waste into fertilizer for fresher lives slum dwellings - as a business, not by aid.
FUNDING MODEL Angel investors fund the Operating Expenses of a portfolio, not single companies. They share in the portfolio dividends and the profits when their shares are sold.
Moonwalk Tomorrow companies are heading for exit, either as a management buy-out, trade sale, acquisition or IPO. Owners are required to sell their shares if a firm bid is accepted.
Owners can sell shares at any time by presenting a received written offer to the Board. Existing owners have the right to match and enter into the transaction.
Capital Expenditures are financed in each company on a case-by-case need basis.
Kenneth Winther, CEO +47 900 70 900 | [email protected]
Viktor Varan, CFO+47 950 62 032 | [email protected]
Odd Gulbrandsen, Chairman (NTNU) +47 905 09 188 | [email protected]
Moonwalk Tomorrow info moonwalk.me/tomorrow
Moonwalk Angel infomoonwalk.me/fund
Join usmoonwalk.me/tomorrow/join
CONTACTS RESOURCES
MOONWALK TOMORROW PORTFOLIO OF GROWTH COMPANIES
Norwegian innovations on a mission to solve global problems from proven competitive advantages:
Fig.: For illustration purposes only.
