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We partner with entrepreneurs to build evolutionary technology companies
with high growth potential
AllTech Ventures Management is the Allegiance Technologies Limited (a subsidiary of Steersman Enterprises, Inc.) vehicle for entrepreneurship development for technology creators, and venture creation services and resources for entrepreneurs committed to bridging the gap between technical ideas and viable companies.
We partner with entrepreneurs to build leading evolutionary technology companies. Founders face significant challenges today in planning, staffing, launching, and financing new ventures. We understand the gap that exists between great ideas
and sustainable growth companies.
AllTech Ventures Management provides extensive services and resources designed to turn great ideas into scalable enterprises. Our portfolio companies receive:
- Access to proven funding, team-building, and customer networks
- Hands-on consultation from our experienced venture staff
- Technical expertise, to support product development, from one of the region’s leading research institutions
- Valuable infrastructure, such as advanced computer and biotechnology labs
Our team
The AllTech team is drawn from top start-ups, high ranked corporations, and world-class universities. AllTech Ventures Management professionals have an established record of excellence in the tasks they have dedicated themselves to — from academics to operating businesses.
We love our work and are passionate about bringing value to our clients, our companies, and our team members.
Our approach
AllTech Ventures Management draws upon the start-up, corporate, venture capital
and management consulting experience of its founders to foster successful entrepreneurship and the management of technological innovation.
AllTech Ventures Management venture building activities includes:
VentureAccelerator Program (VA)
VA is a program open to Entrepreneurs committed to creating new companies based on Allegiance Technologies innovations. Once registered into the program,
VA company founders receive intense, hands-on assistance with a range of new business processes, including market validation, business planning, staffing and initial funding through grants and/or equity investment.
Technology Advancement Program (TAP)
TAP is a venture incubator that partners with entrepreneurs to build early-stage companies. TAP expedites the maturation of young firms by providing extensive hands-on business support from experienced and entrepreneurial staff, access to funding sources, technical expertise and turn-key infrastructure.
The Technology Advancement Program (TAP) staff is comprised of seasoned veterans of technology startups and venture capital firms who will provide:
- business advice and support
- product planning
- project management
- program management
- market intelligence
- introductions
- access to funding
- other critical assistance that can accelerate the growth of your technology venture.
Our Venture Creation programs provide to entrepreneurs in the emerging markets of Africa. We seek opportunities in multiple industries including wireless, digital media, software and service companies.
Steps to submitting an idea to AllTech Labs — our exclusive portfolio of foremost companies.
AllTech Ventures Management high degree of engagement with portfolio companies requires that we be extremely selective in who we work with. For those who wish to have AllTech Ventures Management consider working with their company, consider
the following:
1. Get an Introduction
Please do not submit your business plan without a referral. The most effective introduction is from someone who knows you and knows us. A referral, from our partners, portfolio companies, or contacts within the industry, is an important introduction and will ensure your business plan gets the attention it deserves.
2. Submit Your Plan
We recommend a length of three pages for executive summaries and 10 - 12 pages for business plans. Typically we would expect to learn the following information from your executive summary and business plan:
- What is your business? What problem do you solve? Who currently has the problem? How do you solve it? How big is the market potential? What is your distinct advantage?
- What industry and in which segments of the value chain does your business fit?
- What is your business model - primary source of revenue, primary distribution mechanism, primary competitors, lead partners and/or target partners?
- What are your financial projections - margins, volumes, etc.? What are the assumptions and sensitivities behind these projections?
- How much capital will you need to develop your offering and bring it to market?
- Who are the key members of your team, their backgrounds and references?
- In what stage of development are you (idea/investigation, early development, shipping product or service)?
- Why will you succeed?
The best way to submit a business plan and bios of your management team is by email to businessplans@allegiancetechng.com in Microsoft Word, Microsoft PowerPoint, or Adobe Acrobat Reader format, with a short executive summary. Our preference is to receive plans through email; however you can alternatively send a hard copy of your plan to our mailing address
3. Our Evaluation Process
If a plan is of interest to us, we will contact you for a phone or in-person introductory meeting (depending on the location of the entrepreneur and schedules). Next steps involve in-depth due diligence on the company itself, the technology and the industry including reference checking, and finally a meeting with the full AllTech Ventures Management team, at which time a final decision would be made.
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