Fundraising for startups
A 7-week program to help your startups to become fundraising ready.
Application deadline: April 19, 2021
About the program
Innovation Norway and Angel Challenge has partnered up to support more Norwegian founders with skills and experience on how to attract investors to their company and how to build international growth companies.
The Fundraising for Startups Program is a six-week program for early stage companies in Norway with the ambition to grow and expand their business. The program is addressed to startups that want to grow through fundraising and will help you become fundraising ready by preparing you to successfully go through investor meetings and the due diligence process.
It is the first stage in the Angel Challenge fundraising cycle. You will develop a structured approach to fundraising for your startup, build an investor ready deal and attract investors.
*The program is free, cost covered by Innovation Norway (cost ca. 30.000 Kr per company)
Early Stage Startups with a max of 5 years.
Registered in Norway as an AS.
With a dedicated team.
With, or close to be done, MVP or Prototype.
Looking for funding within a reasonable time, preferably 0-18 months.
What you get
Investment terms and deal-making
Learn investment terminology, startup valuation methodologies, the common investment deals and the art of closing a round.
Growth Planning and Metrics
Identify the relevant metrics for your company. Set growth goals and processes to measure progress. Look for the the skill gaps in the team and set up a recruitment plan.
Due diligence and risk assessment
Identify and improve the relevant documents to provide to investors and build your due diligence data room. Self-asses the risk of your company and set up a risk mitigation plan.
Get access to frameworks of valuable content, best practices and startup tools.
Connect with our network of founders, experienced investors, and community leaders both national and internationally.
Financials and Fundraising
Test and validate the scalability of your business model. Build a financial model and identify your funding needs. Select the best funding source for your company and develop a fundraising plan.