Launch of The VTC Group following success of the Lockheed Martin VTC
Connecting large corporates to disruptive technology innovators
Driving dynamic opportunities and demand for VTCs across multiple sectors
The Virtual Technology Cluster Group, an organisation enabling multi-national companies to attract entrepreneurial IT companies into their supply chains, is delighted to announce its official launch today.
Established by leading industry experts and investors, The VTC Group’s model enables disruptive technology innovators (“VTC Members”) to gain access to revenue opportunities offered by the Sponsors. There are advisers providing expert scale-up support, networking opportunities, and support from the Academic and Investment communities.
The first application of the VTC model – the Lockheed Martin Virtual Technology Cluster (“LM VTC”) – was launched in March 2015, with a focus on cyber security and information communications technology (ICT). Attracting co-sponsors such as EMC who joined in January 2016, the LM VTC now boasts in excess of 70 technology companies, with highlights including:
- More than 20 industry experts in fields such as accounting, legal, technical services and communications
- Reciprocal support from Derby University, Crossword Cyber Security and Vision 2020 Network Ltd
- Three member companies have provided support to Lockheed Martin R&D activities
- Three member companies supported a recent Lockheed Martin winning bid
Having established the VTC model, the LM VTC is now in its second year. Lockheed Martin will continue to help technology SMEs in the UK supply chain make connections and pursue opportunities, connecting its members to a growing number of industry experts providing advice and support in specialist areas.
The VTC Group has attracted significant funding from a number of high profile investors that will enable it to both build its own business by creating additional sponsored technology clusters in different sub-sectors across the globe, and to invest in opportunities produced within each VTC. It has appointed a number of senior executives and entrepreneurs to its Board to help guide the organisation.
The Chairman of The VTC Group is Ken Olisa, OBE, and the CEO is Auriol Stevens. The Board also includes Mike Kennedy, John Moore and Michael Wellesley-Wesley. James Lort is a Director and Head of Operations is Alexis Vickery.
A launch event is due to take place on Tuesday 15th March 2016 from 6:00pm-8.30pm at Hotel Café Royal. This event is by invitation only and numbers are restricted, however please contact Alexis Vickery at firstname.lastname@example.org should you require more information.
Auriol Stevens, CEO, the VTC Group, commented:
“When we launched the first VTC last year, alongside Lockheed Martin, we were confident it would be a success. The quality of entrepreneurs, advisers and other supporters, combined with the opportunities for Members to compete for new business has meant that creating the VTC Group was an obvious next step. We see similar exciting opportunities and demand for VTCs in almost every sector we have researched and we will be launching the next VTC shortly.”
The VTC Group +44 (0) 207 096 1960
Auriol Stevens, CEO
Alexis Vickery, Head of Operations
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Alistair de Kare Silver
The VTC Group
Established by leading industry experts and investors, The Virtual Technology Cluster Group’s (“The VTC Group”) model enables major multi-national companies to attract emerging and disruptive technology innovators (“VTC Members”) into their supply chain. VTC Members are offered revenue opportunities by the Sponsors, access to advisers providing expert scale-up services and networking opportunities, and support from the Academic and Investment communities.
In March 2015 the first VTC, focused on UK cyber security IP, services, and information communications technology (ICT), was launched in association with Lockheed Martin, a global defence and security corporation. Membership currently exceeds 70 leading entrepreneurial IT businesses from startups through to publicly listed entities, all focused on revenue driven business growth.
The VTC Group is now creating a number of additional sponsored technology clusters focusing on different sub-sectors across the globe.
Read more about the VTC Group here – www.thevtcgroup.com
The VTC Group Board
Ken Olisa, OBE – Chairman
Ken is Founder and Chairman of Restoration Partners, the boutique technology merchant bank and architects of the Virtual Technology Cluster model. An IT industry veteran (IBM and Wang Laboratories) he is a director of Thomson Reuters and Non-executive Chairman of AIM-listed Outsourcery Plc. He is also on the board of The Institute of Directors. His pro-bono activities include chairing Thames Reach, Shaw Trust and the Powerlist Foundation. He is Her Majesty the Queen’s Lord-Lieutenant of Greater London.
Auriol Stevens – CEO
Auriol is CEO and Director of the VTC Group and currently manages the Lockheed Martin Virtual Technology Cluster. Auriol is also a Director at Restoration Partners, the Technology Merchant Bank, that works alongside visionary entrepreneurs in the dynamic, high-value, technology sector. Auriol is an Associate Member of the Chartered Institute for Securities & Investment (ACSI) and a registered and approved GrowthAccelerator coach. Auriol graduated with an LLB Honours Degree from Sussex University in 2005.
Mike Kennedy – Director
Mike has been involved in the venture capital and private equity fund management space since 2000 with 3i plc, YFM Group, Electra and Acuity Capital and has led multiple transactions ranging from seed through to exit across a range of sectors.
Alexis Vickery – Head of Operations
Alexis began her career at Prudential Assurance where she took her post graduate marketing exams. She worked in a number of industries, including publishing and retail, before joining Restoration Partners in 2006 as a founding member of staff. Alexis has been working on the Lockheed Martin VTC since its inception and then launch in 2015 and is now Head of Operations for the VTC Group. She has a degree in French and Management from Reading University.
James Lort – Director
James is a partner at John Moore & Co and a founding partner of the VTC group. James is passionate about technology transfer and gained an understanding of its potential importance to the UK whilst working with Allied Minds, a US based Technology Company, initially helping them raise $100 pre IPO in 2013 before aiding with their IPO on the LSE in June 2014. James is a keen sportsman and loves travelling. He has previously worked at Savills and Legal and General, is MRICS qualified and has passed Level 1 of the CFA Program.
John Moore – Director
John is a City veteran and entrepreneur with over 25 years’ experience. He is Chief Executive of John Moore & Co, an investment advisory business and was a founding partner in Execution Limited, which was sold to Banco Espirato Santo in 2010. John continues to create, advise and source finance for several businesses focussing on technology, oil and gas and government consultancy.
Michael Wellesley-Wesley – Director
Michael is a seasoned veteran of the banking and technology industries with over 30 years of experience working in both the US and UK. Currently, Michael acts as an advisor and venture investor to Alpha Venture Partners, a technology focused venture capital firm based in New York. Prior to this Michael has held a number board level positions at technology companies, including being CEO and later Chairman of Chyron Corporation overseeing its merger to become ChyronHego, as well as, CEO of Data Broadcasting Corporation and a Director of Financial News Network. In banking Michael was a co-founder and director of London-based boutique investment bank Stephen Rose and Partners, prior to which he worked in Institutional sales and the investment division of Paine Webber and Schroder’s Bank respectively. Michael studied at Eton College and graduated with a BA Hons. in Modern History from Birmingham University.