The webinar ‘Proven alternative financing options for solution providers and buyers of first-of-a-kind sustainable transport solutions’ took place on 25 January 2023. The webinar was organised in the framework of the ENTRANCE project. The goal of the webinar was to demonstrate the feasibility and accessibility of alternative finance solutions to attract buyers and solution providers towards trying new methods to access funds and financing.
The general introduction about the wide range of currently available alternative finance solutions was made by CrowdFundigHub representative followed by a handful of interesting insights from an experienced VC from SET Ventures:
• Do your homework and only approach VCs that have a mandate to invest in your type of company. This will win you a lot of time
• VCs know that there are risks: You have to explain how to tackle them, such as hiring key talent for your team
• A typical VC fund will run for 10-12 years. After that, the investors will need to get their money back. When they invest later, there will be more pressure to have a quick exit.
For more information, please see here.