Quote Of The Day
Climb walls of worry – Steve Forbes, CEO Forbes The state of economy plays a crucial part in fostering innovation. There are several stakeholders in the US economy. The investors, individual and institutional, should have the emotional fortitude to resist greed in market hypes and not flight in unnecessary panic. This makes sense as long as many other groups play their part to keep the economic engine running well - the Central bank has kept an eye on controlling inflation before it gets embedded, the office of the president has been proactive with marginal tax relief when necessary, and policy makers are more often engaging in formulating how to create wealth for most citizens.
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Millennium Ventures is an investment firm that holds invest-ments in companies that participate within the Healthcare, Security & Defense, Consumer & Industrial, New Media and Energy sectors. Millennium either renews acquired organizations or builds new ventures based on emerging trends and vibrant themes. Current themes range from need for real-time decision-making data in an uncertain economy, to growth of optical science based products in healthcare devices and defense.
The organization is unique in its ability to take operating roles at portfolio companies. Its portfolio companies have delivered products that includes, software for
decision-making based on real-time industry research, laser guides for smart
missiles, small fingerprint readers, blood analyzers, galvanometer based
scanners, energy efficient lighting for military transport, and media
creations. The firm adds value by deploying innovation management expertise and a new sustainable strategy for the next decade in the company's life cycle.
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| Our Growth Plan: |
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| Introduce processes, procedures and teams to build a strong infrastructure |
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| Refocus on the sustainable industry segments and exemplify substantial differentiation from peer competitors |
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| Deploy activity based costing to improve product economics both for customers and the company |
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