{"id":25096,"date":"2024-05-07T12:28:02","date_gmt":"2024-05-07T15:28:02","guid":{"rendered":"https:\/\/ee02395c61.nxcli.io\/insights\/cvc-2023-revela-desafios-do-setor\/"},"modified":"2024-07-26T18:13:46","modified_gmt":"2024-07-26T21:13:46","slug":"cvc-2023-survey-progress-brazil","status":"publish","type":"insights","link":"https:\/\/elogroup.com\/en\/insights\/cvc-2023-survey-progress-brazil\/","title":{"rendered":"Corporate Venture Capital 2023 survey reveals progress and challenges for CVC in Brazil"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"25096\" class=\"elementor elementor-25096 elementor-24621\" data-elementor-post-type=\"insights\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-42f65c4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"42f65c4\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-223df55f\" data-id=\"223df55f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4b19dcd8 elementor-widget elementor-widget-text-editor\" data-id=\"4b19dcd8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong><span class=\"TextRun SCXW30785425 BCX0\" lang=\"PT-BR\" xml:lang=\"PT-BR\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW30785425 BCX0\">By <\/span><span class=\"NormalTextRun SCXW30785425 BCX0\">EloInsights<\/span><\/span><\/strong><span class=\"EOP SCXW30785425 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-14298753 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"14298753\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-78d89c4b elementor-widget elementor-widget-text-editor\" data-id=\"78d89c4b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><em>Report highlights a shift in focus in CVC units towards generating new business, with more immediate results.\u00a0<\/em><\/li><\/ul><ul><li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><em>Research reveals that the management of CVC units is often reported to CEOs and CIOs, reinforcing the strategic importance of these initiatives.\u00a0\u00a0<\/em><\/li><\/ul><ul><li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><em>The document also points to a need to promote gender diversity within CVC teams in Brazil.\u00a0<\/em><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5a0bdf1f elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"5a0bdf1f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4a9f506f elementor-widget elementor-widget-text-editor\" data-id=\"4a9f506f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">In recent years, Corporate Venture Capital (<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/elogroup.com\/en\/insights\/ai-as-lever-to-solve-business-challenges\/\">CVC<\/a><\/span>) has gained ground in Brazil as an instrument adopted by large companies to connect with the entrepreneurial ecosystem, access innovative technologies and business models, incorporate talent and diversify to their portfolio. In the country, CVC has been consolidated as a key tool for corporations wishing to position themselves at the forefront of technological and business innovation, in addition to obtaining significant financial returns.\u00a0<\/span><span data-ccp-props=\"{&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559731&quot;:708,&quot;335559739&quot;:0,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">It is in this context that the Brazilian Private Equity and Venture Capital Association (ABVCAP) is launching the 2023 edition of its research on the national Corporate Venture Capital market, produced together with EloGroup plus Funda\u00e7\u00e3o Dom Cabral, ApexBrasil, Global Corporate Venturing (GCV) and Vivo Ventures\/Wayra.\u00a0<\/span><span data-ccp-props=\"{&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559731&quot;:708,&quot;335559739&quot;:0,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1c22593 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"1c22593\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.abvcap.com.br\/Download\/Estudos\/5529.pdf\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-arrow-alt-circle-down\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">DOWNLOAD THE FULL REPORT<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-167db861 elementor-widget elementor-widget-text-editor\" data-id=\"167db861\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">The year 2023 was challenging for the Venture Capital sector, directly affecting CVC activities. Only five new CVC funds were created in the country, showing a downturn in investments. This scenario highlights the need for agile adaptation to market dynamics and the search for more resilient investment approaches.\u00a0<\/span><span data-ccp-props=\"{&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559731&quot;:708,&quot;335559739&quot;:0,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">\u201cThe ABVCAP report is very important for providing companies with a benchmark against which they can compare themselves,\u201d explains Jaime Frenkel, partner and executive director of EloGroup. \u201cBoth for companies that have not yet joined the CVC and are evaluating the market situation to decide if it is the right time to join, and for companies that are already involved and want to compare their practices with those of their peers. The report analyzes various aspects, such as the time it takes to complete deals, the size of teams, remuneration practices, etc.\u201d.<\/span><span data-ccp-props=\"{&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559731&quot;:708,&quot;335559739&quot;:0,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">\u201cThis study reflects the recent trends we have observed in the innovation ecosystem in 2023, highlighting a relative slowdown,\u201d points out Frenkel. \u201cThe years 2021 and 2022 were marked by a strong acceleration in investments, with very high valuations, often higher than what were considered fair values. We are currently seeing a slowdown at this pace. This change indicates a reduction in the availability of capital; however, for investors who have resources and can invest, this is a favorable time, as valuations are lower, and companies have greater capacity to carry out advantageous and strategic deals\u201d.<\/span><span data-ccp-props=\"{&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559731&quot;:708,&quot;335559739&quot;:0,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">What is new this year is that the survey has been expanded, integrating it with the GCV <\/span><i><span data-contrast=\"auto\">[Global Corporate Venturing]<\/span><\/i><span data-contrast=\"auto\"> database. This has made it possible to obtain more in-depth and comparative insights into global practices. This year&#8217;s survey covered various aspects such as investment vehicles, governance, investment theses, business development, return on investment, evaluation metrics, among others, reaching a response rate of 48% of CVCs active in Brazil.\u00a0<\/span><span data-ccp-props=\"{&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559731&quot;:708,&quot;335559739&quot;:0,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">This article presents some of the <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.abvcap.com.br\/Download\/Estudos\/5529.pdf\" target=\"_blank\" rel=\"noopener\">report&#8217;s main findings<\/a><\/span>.<\/span><span data-ccp-props=\"{&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559731&quot;:708,&quot;335559739&quot;:0,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3bce140d elementor-widget elementor-widget-heading\" data-id=\"3bce140d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Geographical and sectoral profile of CVCs <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-426bbfcd elementor-widget elementor-widget-text-editor\" data-id=\"426bbfcd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">The survey shows a wide variety of industries involved in CVCs. Financial services lead the way, with 43% of companies participating. Manufacturing, with 31% of responses, and the energy sector, with 23%, also show significant CVC activity. Only 6% of the responding companies operate in the media segment.\u00a0<\/span><span data-ccp-props=\"{&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559731&quot;:708,&quot;335559739&quot;:0,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">In terms of geography, 81% of the companies have their headquarters in Brazil, consolidating the strong national presence among the respondents. The remaining companies are predominantly multinational, with headquarters in the United States, Asia and Europe, reflecting a growing interest from American investors and a modest advance by Asian companies.<\/span><span data-ccp-props=\"{&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559731&quot;:708,&quot;335559739&quot;:0,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dfd877f elementor-widget elementor-widget-image\" data-id=\"dfd877f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"2048\" height=\"2168\" src=\"https:\/\/elogroup.com\/wp-content\/uploads\/2024\/05\/traducoes_insights_Prancheta-1.png\" class=\"attachment-full size-full wp-image-25098\" alt=\"cvc\" srcset=\"https:\/\/elogroup.com\/wp-content\/uploads\/2024\/05\/traducoes_insights_Prancheta-1.png 2048w, https:\/\/elogroup.com\/wp-content\/uploads\/2024\/05\/traducoes_insights_Prancheta-1-283x300.png 283w, https:\/\/elogroup.com\/wp-content\/uploads\/2024\/05\/traducoes_insights_Prancheta-1-967x1024.png 967w, https:\/\/elogroup.com\/wp-content\/uploads\/2024\/05\/traducoes_insights_Prancheta-1-768x813.png 768w, https:\/\/elogroup.com\/wp-content\/uploads\/2024\/05\/traducoes_insights_Prancheta-1-1451x1536.png 1451w, https:\/\/elogroup.com\/wp-content\/uploads\/2024\/05\/traducoes_insights_Prancheta-1-1934x2048.png 1934w\" sizes=\"(max-width: 2048px) 100vw, 2048px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9e78e5c elementor-widget elementor-widget-heading\" data-id=\"9e78e5c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Perceptions of business conditions <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-747a0b1 elementor-widget elementor-widget-text-editor\" data-id=\"747a0b1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">The assessment of business conditions by companies involved in Corporate Venture Capital in Brazil tends towards optimism. Around 42% of the participating companies classify current conditions as neutral, with scores between 6 and 7.\u00a0\u00a0<\/span><span data-ccp-props=\"{&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559731&quot;:708,&quot;335559739&quot;:0,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">On the other hand, only 11% of the companies have a negative view of the market, giving scores between 4 and 5. At the other end of the spectrum, a significant 48% of companies are strongly optimistic, with scores between 8 and 10. This positive perception is in line with general economic resilience and could be an indication of confidence in opening and expanding new CVC units in the country.<\/span><span data-ccp-props=\"{&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559731&quot;:708,&quot;335559739&quot;:0,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cde7b3d elementor-widget elementor-widget-heading\" data-id=\"cde7b3d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Changing priorities <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-864a570 elementor-widget elementor-widget-text-editor\" data-id=\"864a570\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">In 2023, a significant change marked the priorities in Corporate Venture Capital programs in Brazil. \u201cGenerating new business\u201d emerged as the top priority, replacing \u201cPreparing for future disruption\u201d, which had dominated the previous year. This realignment reflects a strategy more oriented towards immediate and sustainable results, indicating a shift in the focus of CVC companies towards a more active approach to generating value.\u00a0\u00a0<\/span><span data-ccp-props=\"{&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559731&quot;:708,&quot;335559739&quot;:0,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">The same way, there was an increase in the importance attributed to financial return objectives and to supporting existing businesses, which suggests an evolution in the strategy of investing companies, which now seek not only to protect themselves against future uncertainties, but also to maximize the potential of their current investments.<\/span><span data-ccp-props=\"{&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559731&quot;:708,&quot;335559739&quot;:0,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-845c645 elementor-widget elementor-widget-heading\" data-id=\"845c645\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Accountability dynamics <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bab4e5a elementor-widget elementor-widget-text-editor\" data-id=\"bab4e5a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">In the governance structure within Corporate Venture Capital units in Brazil, the trend is towards direct reporting to the top executive leadership. In 2023, most CVC units (55%) reported to the CEO (Chief Executive Officer), while 24% were under the supervision of the CIO (Chief Innovation Officer), consolidating the central role of these leaders in the management and strategic orientation of CVC activities.\u00a0<\/span><span data-ccp-props=\"{&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559731&quot;:708,&quot;335559739&quot;:0,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">The representation of CFOs (Chief Financial Officers) also increased significantly, from 8% in 2022 to 21% in 2023. This finding coincides with the trend already revealed in the previous point, that CVC strategies have been more aligned with the financial outlook of corporations.<\/span><span data-ccp-props=\"{&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559731&quot;:708,&quot;335559739&quot;:0,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5f586d0 elementor-widget elementor-widget-image\" data-id=\"5f586d0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"842\" src=\"https:\/\/elogroup.com\/wp-content\/uploads\/2024\/05\/traducoes_insights-02-973x1024.png\" class=\"attachment-large size-large wp-image-25101\" alt=\"\" srcset=\"https:\/\/elogroup.com\/wp-content\/uploads\/2024\/05\/traducoes_insights-02-973x1024.png 973w, https:\/\/elogroup.com\/wp-content\/uploads\/2024\/05\/traducoes_insights-02-285x300.png 285w, https:\/\/elogroup.com\/wp-content\/uploads\/2024\/05\/traducoes_insights-02-768x808.png 768w, https:\/\/elogroup.com\/wp-content\/uploads\/2024\/05\/traducoes_insights-02-1460x1536.png 1460w, https:\/\/elogroup.com\/wp-content\/uploads\/2024\/05\/traducoes_insights-02-1947x2048.png 1947w, https:\/\/elogroup.com\/wp-content\/uploads\/2024\/05\/traducoes_insights-02.png 2048w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e1172da elementor-widget elementor-widget-heading\" data-id=\"e1172da\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Challenges in promoting diversity <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d83860c elementor-widget elementor-widget-text-editor\" data-id=\"d83860c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">The gender composition of Brazilian CVC teams has a male predominance, a pattern that not only persists but also has intensified in 2023. Last year, 67% of CVC units reported a male majority in their teams, an increase from the 57.3% observed in 2022. Only 25% of respondents indicated a more balanced distribution between men and women in their teams.\u00a0<\/span><span data-ccp-props=\"{&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559731&quot;:708,&quot;335559739&quot;:0,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">This is, therefore, a point of attention. Diversity is crucial for organizational performance and effectiveness. Diverse teams bring a wider range of perspectives and experiences, enriching the investment appraisal process and decision-making, with studies suggesting that diversity can lead to superior performance.<\/span><span data-ccp-props=\"{&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559731&quot;:708,&quot;335559739&quot;:0,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d2bf757 elementor-widget elementor-widget-heading\" data-id=\"d2bf757\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Conclusion: maturing paths of CVC in Brazil <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f9f48d5 elementor-widget elementor-widget-text-editor\" data-id=\"f9f48d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">This year&#8217;s survey provides a detailed snapshot of the process of evolution and maturation of Corporate Venture Capital practices in Brazil, with important indications of the paths this market has taken, including the challenges faced by the Venture Capital market as a whole.\u00a0\u00a0<\/span><span data-ccp-props=\"{&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559731&quot;:708,&quot;335559739&quot;:0,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">In this context, we highlight, for example, the strategic adjustment that favors tangible and more immediate results, with an increased focus on generating substantial and sustainable value. In addition, the accountability structure, mostly aimed at senior executives such as CEOs and CIOs, emphasizes the strategic importance that CVC activities have taken on within corporations.\u00a0<\/span><span data-ccp-props=\"{&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559731&quot;:708,&quot;335559739&quot;:0,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">However, a persistent and significant challenge remains in promoting gender diversity. The male predominance and slow progress towards gender equity not only reflect a worrying disparity, but also represent a barrier to innovation and efficiency in these funds.\u00a0\u00a0<\/span><span data-ccp-props=\"{&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559731&quot;:708,&quot;335559739&quot;:0,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Want to delve even deeper into the details of how CVCs were structured in Brazil in 2023? Access the Corporate Venture Capital 2023 survey!<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b9a4a77 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"b9a4a77\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.abvcap.com.br\/Download\/Estudos\/5529.pdf\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-arrow-alt-circle-down\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">DOWNLOAD THE FULL REPORT<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-359955c elementor-widget elementor-widget-text-editor\" data-id=\"359955c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">EloGroup is a Transformation consultancy that works from strategy to delivery with the aim of unlocking the potential of organizations and people through Technology, Management and Advanced Analytics lenses! We have expertise in Innovation and Open Innovation projects, including Corporate Venture Capital for large clients in various sectors.\u00a0\u00a0<\/span><span data-ccp-props=\"{&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559731&quot;:708,&quot;335559739&quot;:0,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Do you want to understand how your company can navigate these complex and dynamic scenarios? <\/span><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"mailto:contato@elogroup.com.br\">Talk to us!<\/a>\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>A report on the Corporate Venture Capital market highlights a shift in focus in CVC units towards generating new business, with an emphasis on seeking more immediate results as opposed to preparing for future disruption<\/p>\n","protected":false},"author":9,"featured_media":24623,"parent":0,"template":"","editorias":[125],"industrias-category":[147,134],"praticas-category":[135],"insights-category":[160],"class_list":["post-25096","insights","type-insights","status-publish","has-post-thumbnail","hentry","editorias-strategically-digital-en","industrias-category-financial-services","industrias-category-manufatura-en","praticas-category-estrategia-inovacao-en","insights-category-strategically-digital-en"],"_links":{"self":[{"href":"https:\/\/elogroup.com\/en\/wp-json\/wp\/v2\/insights\/25096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elogroup.com\/en\/wp-json\/wp\/v2\/insights"}],"about":[{"href":"https:\/\/elogroup.com\/en\/wp-json\/wp\/v2\/types\/insights"}],"author":[{"embeddable":true,"href":"https:\/\/elogroup.com\/en\/wp-json\/wp\/v2\/users\/9"}],"version-history":[{"count":7,"href":"https:\/\/elogroup.com\/en\/wp-json\/wp\/v2\/insights\/25096\/revisions"}],"predecessor-version":[{"id":25108,"href":"https:\/\/elogroup.com\/en\/wp-json\/wp\/v2\/insights\/25096\/revisions\/25108"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elogroup.com\/en\/wp-json\/wp\/v2\/media\/24623"}],"wp:attachment":[{"href":"https:\/\/elogroup.com\/en\/wp-json\/wp\/v2\/media?parent=25096"}],"wp:term":[{"taxonomy":"editorias","embeddable":true,"href":"https:\/\/elogroup.com\/en\/wp-json\/wp\/v2\/editorias?post=25096"},{"taxonomy":"industrias-category","embeddable":true,"href":"https:\/\/elogroup.com\/en\/wp-json\/wp\/v2\/industrias-category?post=25096"},{"taxonomy":"praticas-category","embeddable":true,"href":"https:\/\/elogroup.com\/en\/wp-json\/wp\/v2\/praticas-category?post=25096"},{"taxonomy":"insights-category","embeddable":true,"href":"https:\/\/elogroup.com\/en\/wp-json\/wp\/v2\/insights-category?post=25096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}