Posts Tagged ‘venture capital’
In the recent pitch event in Ancona, Paolo Anselmo, IBAN president (Italian Business Angel Network Association), made a presentation very useful for understanding the start up financing business. Here you can read the presentation (.pdf): Pres_Anselmo
Some remarks are particularly inspiring:
Banks perceive SME as a riskier biz; there is a great distance between the attitudes of businesses and the methodology used by financial bodies; in Europe (and in specific South Europe) capial market ids fragmented and immature; there is an under evaluation by start uppers as regard as the exit strategy of their business idea.
The final part of the presentation is useful to understand the different biz-models of equity providers, VC and Business Angels.
Last week, ten of the most innovative startups grown up in Marche region, and selected through the NEXT project, had the opportunity to scale up their business attending an investment readiness workshop on May 11th and pitching their ideas to professional investors the following day, on May 12th.
The two days of activities was designed in a way to leverage the participation of SMEs/startups into the NEXT project, on one hand coaching the teams attending, and on the other hand giving them the opportunity to bridge the gap between investors and entrepreneurs.
Ten startups have been selected between the applicants to NEXT catalogue and NEXT-IS Platform:
- Kube Design
- AESIS Therapeautics
- Natural Clima
- Un paese e cento storie
- Site Specific