InReady | Designing the Service to Improve the Investor Readiness of Start-ups

Summary
The one of the main challenges for the start-ups is the lack of funding for their business ideas. And this situation forces them to seek funding from private sources and especially venture capital (VC) funds. Thus, start-ups seek to participate in Business to Investor (B2I) matchmaking events where they can meet investors and have the opportunity to present their business ideas and attract funding for their company through great presentation (“pitching”). Since the competition is very high, companies must prepare exhaustively their presence in such meetings. Start-ups tend to forget to present the important parts of the Executive summary, the presentation is missing crucial data, “elevator pitch” focuses on the wrong matters. Moreover, they need guidance from experienced consultants on how to present themselves better.
To assist the start-ups, project partners aim to design a new service to facilitate investment readiness utilizing a new webtool for checking the company’s readiness and proposing an action plan for improvements.
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More information & hyperlinks
Web resources: https://cordis.europa.eu/project/id/824208
Start date: 01-09-2019
End date: 28-02-2021
Total budget - Public funding: 60 000,00 Euro - 60 000,00 Euro
Cordis data

Original description

The one of the main challenges for the start-ups is the lack of funding for their business ideas. And this situation forces them to seek funding from private sources and especially venture capital (VC) funds. Thus, start-ups seek to participate in Business to Investor (B2I) matchmaking events where they can meet investors and have the opportunity to present their business ideas and attract funding for their company through great presentation (“pitching”). Since the competition is very high, companies must prepare exhaustively their presence in such meetings. Start-ups tend to forget to present the important parts of the Executive summary, the presentation is missing crucial data, “elevator pitch” focuses on the wrong matters. Moreover, they need guidance from experienced consultants on how to present themselves better.
To assist the start-ups, project partners aim to design a new service to facilitate investment readiness utilizing a new webtool for checking the company’s readiness and proposing an action plan for improvements.

Status

CLOSED

Call topic

INNOSUP-06-2018

Update Date

27-10-2022
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Horizon 2020
H2020-EU.2. INDUSTRIAL LEADERSHIP
H2020-EU.2.3. INDUSTRIAL LEADERSHIP - Innovation In SMEs
H2020-EU.2.3.2. Specific support
H2020-EU.2.3.2.2. Enhancing the innovation capacity of SMEs
H2020-INNOSUP-2018-06-two-stage
INNOSUP-06-2018 Supporting experimentation in innovation agencies