Impact Hub is offering in collaboration with Impact Invest two opportunities in the coming months to deal with the issues you may save for last but inevitably have to deal with: How to manage the finance of your business in a way that gives you more control and how to attract external funding.
Ideally, you sign up for both sessions to get the full course (and get a discount) but you can also sign up for the separate sessions.
All sessions take place at the Impact Hub, Stockholm.
13 OCTOBER 10.00-16.00: MONEY MATTERS & LIVING WITH CONSTANT CHANGE
In this session, you will get a good overview of how you can create a budget that reflects how money flows in and out of your business. We will talk about different ways to fund your business and end the day by practising to pivot your company when competition and reality changes. This is a highly interactive and intense session where you will have just minutes to come up with new strategies.
10.00-12.00 How a cash flow budget is different from the support you get from an accountant. A case study around predicting the need for money in an early business
12.00-13.00 Different ways to fund a company
14.00-16.00 Scenario Planning.
Join this day for 1,290 kr. Impact Hub Members: 790kr.
20 – 21 JANUARY 2018: INVESTMENT READINESS PROGRAMME
Our programme supports ventures that are in early commercial phase or wish to seek capital to scale-up. Impact Invest has run this program for several years and previous participants have been able to attract grants, investments and stipends.
The programme starts with a two-day intensive workshop in January:
Saturday 10:00 – 16:00
- Overview of funding sources and actors
- Kapitalguiden – guide to grants in Sweden and globally. Presented by Jan Furuvald
- Explanations of different financial instruments
- The investment process step-by-step
- Case Study
- Post investment process
Sunday 10:00 – 17:00
- How to prepare yourself for approaching investors
- Financial documentation that needs to be in place – practical case how to build the financial model that investors ask for
- Legal and Negotiations – common type of agreements
- Pitching for funding
- ALMI – presentation of funding possibilities.
- Time for questions.
The workshop will also include exercises allowing participants to understand common negotiation situations, analyse trade-offs between types of funding etc.After the workshop participants will receive individual feedback on their own investor documentation and receive advice on how to approach investors during six months following the initial training. The best ventures will get personal introductions to potential investors who are active in our network and to partners.
Join Investment Readiness for 3,600 plus moms. Impact Hub Members: 3,200 kr
MONEY MATTERS + INVESTMENT READINESS package = 4,800 kr Impact Hub Members: 3,900 kr (all pricing excl moms).
Who we are:
The programme is delivered by Impact Invest partners Ruth Brännvall and Lena Eriksson Åshuvud. We have many years experience as active angel investors and fund managers. View our profiles on our website www.impactinvest.se
Previous participants – examples of how they benefited:
Developed Finland’s first marketplace for people seeking a therapist or speaking partner due to depression or poor mental health. The founder secured their first seed round 6 months after the Investment Readiness programme and additional €150k a year later. 500 therapists are now paying to be listed on their platform as private people as well as several medical care units now use their service. During the Investment Readiness, the founder was also advised on what to offer in terms of partnerships and agreements to the first members of the team.
Gösta Sundberg –
Innovator from KTH. Gösta joined with his patent for building greener, more affordable flats and a desperate need to find a team and investors. He had been to several other advisors, but after our programme he said ’For the first time, I understand how an investment process works practically’.
One of Impact Invest’s partner invested in Gösta’s idea and brought people together to form the company Ljusbo. The company is now building its first production line.
IT Guide –
This organisation is a non-profit and joined to learn how to consider the best type of funding – more revenues and how to propose better deals and to negotiate with municipalities. IT Guide had one city as a client when the founder joined the programme and closed several new deals within the following year. She also successfully applied to Reach for Change.
Upcycling of hotel’s old towels turned into lovely baby bathrobes. With an idea and first collection for how to reduce harmful chemicals in new clothes, the founder participated in Investment Readiness to understand how she could fund her business and learn how to pitch. She did her first ever pitch and during the programme she got her first external money, as we helped her apply for an innovation grant.
We have many international teams that we have coached and most of them have secured funding. This Swedish-Iranian company that has started solar power production in the south of Iran and as a result on advising Ween Energy on company structure, building a financial model (as a team of all engineers they were not on top of the money side of things!) and then finally developing a great investor proposal. They secured 700k SEK during the programme and a have secured part of their goal of expanding the plant with a 100MSEK investment.
Register by 10 October by an email to email@example.com with your name, organisation and address for invoice. Let us know if you are a member of Impact Hub.