Title Investor Readiness Training for Regional Ideas
Project Number 2009-1-LV1-LEO05-0371
Product Investment Readiness Training for Regional Ideas
Title Investment Readiness Training for Regional Ideas
Product Type teaching material
Marketing Text The need for training course is based on observed low level of awareness of early stage financing among nascent entrepreneurs and lack of readiness for seed investors mainly due the quality of the business plans and low capability of presenting effectively the business propositions to investors.
The course is structured into three blocks:
o Preparatory block introduces the concept of Finance for start-ups” and preliminary assesses the Investor Readiness of trainees;
o Enabling block provides information on business modeling, strategic marketing, financial forecasting and process of business plan development;
o Practicing block introduces to concepts of investor pitching and includes simulations of the business idea presentations to a panel of early stage investors and communication experts.
Target group Entrepreneurs and new idea owners.
Result The result of the IRTRI project is a fully developed training course based on Investment readiness methodology and tailored, transferred and adapted to the needs of entrepreneurs and would-be-entrepreneurs of each transferee region after preliminarily investigations of a selected set of environmental conditions in the transferee regions - Latvia and Estonia.
Area of application
The training course will:
1) Guide entrepreneurs in identifying the weaknesses of their business ideas and work on their improvement;
2) Support entrepreneurs in fine-tuning their business plan adding all the relevant information requested by investors;
3) Introduce entrepreneurs to all the available sources of start up financing including equity and support them in choosing the most suitable;
4) Supporting entrepreneurs in effectively match making with potential investors.
Product Languages English