Operational Assistance

In addition to equity investment, Adena Ventures provides operational assistance (OA) to its actual and potential portfolio companies at no cost. Adena's OA program is company-driven and tailored to meet the needs of aspiring entrepreneurs.

OA services can include, but are not necessarily limited to:

• writing or assisting in the preparation of a business plan
• legal assistance relating to business formation or reorganization (but not litigation)
• recruitment of executives
• creation of Internet capability
• engineering or other technical services to create or enhance production or distribution of products or services
• creation of marketing materials
• creation of customized accounting or information systems
• active participation in negotiation with financial institutions (debt)

Through Adena’s innovative OA program we have:

• Documented, tested and optimized a company's software product.
• Identified areas of inefficiency and significant cost savings in a company's inventory management system.
• Created comprehensive multi-party sales and partnership contract templates for a company.
• Identified senior sales executives, financial and accounting executives and independent board members for several companies.
• Assisted a company in securing a large commercial line of credit.
• Designed new corporate identities/logos for several companies.
• Developed public relations strategies for companies to pitch their stories to major regional and national media.

Adena Ventures, L.P. is funded in part by a grant from the U.S. Small Business Administration (SBA).  SBA's funding is not an endorsement of any products, opinions, or services.  All SBA funded programs are extended to the public on a nondiscriminatory basis.