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NetProfit Holding AG (NPH), a private equity company founded in 1999, provided over CHF 1 million in seed capital to 9 Liechtenstein based startup companies, primarily in the year 2000. While a significant number of private equity companies failed during the 2000-2004 timeframe, NPH successfully fought through the downturn by focusing on its strongest portfolio companies and keeping overhead costs low. Two portfolio companies, io-market.com and Opag AG, emerged from the downturn in strong competitive positions and now have significant private market valuations, good growth prospects, clean hi-tech footprints, and positive international reputations. They should eventually provide tax base for Liechtenstein and a good rate of return to investors.
Innovations Gruppe Liechtenstein AG was founded and capitalized in 2004 to provide equity capital to winners of the Liechtenstein business plan competition, a key component of the multi-part strategy implemented to support Liechtenstein’s economic diversification strategy.
Innovations Gruppe Liechtenstein AG and NPH merged in 2007 to form IGL AG (IGL). The merger eliminated duplicate cost structures and freed up management time to focus on building strong companies. IGL is currently nurturing 4 companies, including the 2 named above and 2 that emerged from business plan competitions. IGL is currently positioned to fund an additional 4 companies over the next 2 years, all of which should come from the business plan competition. IGL's policy is to invest in, hold, and nurture up to ten high potential investments at any one time.
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