Using the video interview with John McIlwraith, Managing Director of Allos Ventures, the video lecture by Mike Myers, the Cleveland Clinic case study, the coursework to date, and this weeks readings as reference, please provide a 1-2 page memo that addresses the items below.
Memo Topics:
The Cleveland Clinic is considering expansion into Tucson with a satellite clinic. They will only enter the market if they can secure funding from a venture capital partner to cover half of their startup costs and half of first-year expenses. You are a consultant working with them to finalize their plans and to help to secure the needed funds.
Develop two near-term goals for the satellite clinic for use in planning and in your conversations with venture capitalists. Provide a short explanation of why you selected these goals.
Develop two objectives and two strategies for one of the goals for the satellite clinic that you are proposing. Ensure that your objectives and strategies are aligned with the goal youre focusing them upon. These objectives and strategies will be utilized in your planning efforts and conversations with venture capitalists. Provide a short explanation of how the two strategies that youve provided will help achieve their associated objectives.
Provide a list of three primary talking points for usage with venture capitalists. These talking points are key messages that are believable and supportable that will help the Cleveland Clinic sell their idea to obtain needed funding. Provide a short rationale on why you chose each talking point as a key selling message. Note these talking points should not be a restatement of the goals, objectives or strategies that youve developed in this assignment.
