Venture capital support for creating portfolio company organizational capabilities

Purpose:The purpose of this paper is to inform readers about the pivotal role of venture capitalists in the development of the companies they finance. Design/methodology/approach:The case study is based on interviews with the company and the investor, supplemented by desk research that includes company literature and press reports. Findings:The paper shows how Care UK, which delivers social services to a number of clients in both the public and private sectors, was able to develop its training function and relevant organizational capabilities with the active support of Sovereign Capital – Care UK's venture capitalist. Training in both basic health and personal care has proved very successful in making the company a market leader in its particular market. Originality/value:Provides valuable insights into innovative management practices in the social services sector area.