South Poland Cleantech Cluster

NordicHouse Café 

networking for Start-ups
organizes the next regular meeting

"How to negotiate with institutional investors - Venture Capital (VC)?"

Date: Wednesday, 29.11.2017 at 18.00 - ??
Location: NordicHouse, ul. św. Anny 5, Krakow

Special guest: Marek Kapturkiewicz, co-founder & partner at Innovation Nest (VC fund), co-founder of SPIN Entrepreneurship School

During the activity of most startups there is a moment in which the so-called bootstrapping, development based on your own financial resources becomes no longer sufficient to effectively grow your business. There is a need for external financing. The type of funding often chosen by start-ups is cooperation with one of the venture capital funds (VC). The undoubted advantages of this type of financing are primarily the development of start-ups without debt, and the ability to use the knowledge and business experience of the VC's representatives. The most serious disadvantage is partial loss of startup control. You will learn about the pros and cons of working with VC funds during our next networking meeting.

Registration: free tickets on negocjacje-vc-spcleantech

Member of the SPCleantech cluster

STMicroelectronics

organizes the event "ST-UP Info Day", 15.11.2019 in Kraków
 

On November 15, 2017 at the Cracow Innovation Center, STMicroelectronics will present its offer and instruments to support Polish startups.
If you would like to participate and receive detailed information about the event, please fill in the form at the web address Info Day

SPCleantech as Pre-Accelarator Point for Polish start-ups organized on 13.10.2016 the forth workshop How do I find the money to start my business?” of the series of 6 workshops and 2 conferences. The aim of the workshop was to provide experiences of Polish and Scandinavian mentors to Polish start-ups and coaches. SPCleantech is working with a group of experienced mentors from Denmark, Finland and Sweden.

Entrepreneurs focus on their solutions, their customers, their markets. An investor thinks about all of the solutions available on the market and all of the potential customer segments. Learning to think like an investor will teach you to think about the bigger picture.

More importantly, it will teach you what investors look for in companies they fund and increase your chances of getting funded.

“If you come in with a theory and a plan and no data and you’re 1 of the next 1000, it’s going to be far, far harder to raise money” – Mark Andreessen

Funding the Business

  • To get funding, entrepreneurs must learn to think like investors
  • Investors care most about the Four Ms: Management Team, Momentum, Market Opportunity, Money
  • Road test your startup before launching
  • Carefully examine your industry, market and team
  • Startups raise money in 4 ways: profits, debt, equity and donation
  • Angel investors and venture capital firms investing in startups are hoping for 10X returns on their investment
  • Venture capital can help startups at various stages in exchange for equity
  • Think about your startup’s equity from the start, and don’t sell it too easily

Our mentors:
This time besides Rafał Szczepanik our mentor from Scandinavia was Visa Virén from Finland.

Rafał Szczepanik-CV              cv-visa-viren-fi

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