Yangon, Nur-Sultan, Bogota, Medellin, Lima and Mexico City are the new locations where the much anticipated Investment Readiness Program by Seedstars has started on the 6th of June. Each of the Seedspaces in the mentioned cities are welcoming a fresh batch of startups willing to improve in different areas of their business and get ready for investment. This is also the second month for some startups in Yangon and Medellin as the program had already begun in May in those locations.
Seedspace Bogota has kicked off their Investment Readiness Program on June 6th.
Another important piece of news is that Seedstars has officially opened applications for the virtual format of the program, expanding the participation to any startup worldwide no matter their location. This option is perfect for those startups who want to follow the program at their own rhythm, but still participate in the common sessions and have access to the full suite of virtual resources. The first batch of the virtual program will begin in July 2019. If you are interested in applying, follow this link.
Seedspace Medellin has welcomed the second batch of entrepreneurs to their Investment Readiness Program.
The Investment Readiness Program aims to make a difference in the common acceleration programs by adapting to the specific needs of each participating startup. One of the unique methodologies used by Seedstars is a careful review and analysis of each startup through the Investment Readiness Score. The score allows to understand what are the areas that are performing well and which are the ones that need to be further worked on. Based on the results, the startups will receive the mentoring and support needed to succeed.
Seedspace Mexico City started their first batch of the program on June 6th.
The program curriculum is based on a set of different sessions and activities to help startups move quickly through the different preparation stages. Each activity is carefully prepared by the Seedstars Investment Team with in-depth knowledge on topics such as the “Art of Pitching”, “Team, Talent & Advisors”, “Product & Market”, “Technology & Operations”, “Revenue & Growth”, “Financial & Performance Management”, “Fundraising Strategy” and others. Additionally, it includes interactive sessions to get inspired and stay healthy, such as Motivation Monday, Training Sessions, Family Lunches, Yoga Classes and Friday Pitch Practice over a few beers.
Seedspace Lima hosts weekly yoga classes as part of their health activities.
Acting as a platform for connecting early-stage startup with potential investors interested in specific tech industry sectors in various regions around the world, the goal of the program is to reduce the time and energy spent in fundraising working on each startup’s performance and growth. The program will host quarterly Demo Days during which investment ready startups will be connected to the investor community and pitch to their potential investors. an international panel of investors, experts and mentors will evaluate the investment readiness of the program members and might choose to invest in any of them. Moreover, Seedstars will also be part of the Demo Days scouting for startups to invest up to USD 500,000 and join their global portfolio.
Fredrik Andersson, Head of Investment at Seedstars, during the Open Talk on Fundraising Strategies at Seedspace Lima.
During the course of the last 5 years, Seedstars has supported over 300 startups in 65+ markets helping them to receive over $250mn in investment. “Having a solid fundraising strategy is essential for any startup chasing their next stage of investment” comments Charlie Graham-Brown, CIO at Seedstars. He adds: “There’s no doubt that knowing what your investor is looking for and receiving help in delivering on those demands makes the fundraising process more efficient. We hope that with the program, we can nurture an interesting pipeline of startups for investors, boost the growth of the businesses and create a more vibrant digital economy in emerging markets.”