Table of Contents:

1. Expectations from EIT Climate-KIC to our Start-ups

Dear Entrepreneur & Start-up,

We’d like to support you to raise investments of diverse types to multiply your chances of growth, through our Entrepreneurship Programmes as well as this whole area here.

As a business & innovator, you may look for diverse types of investment/financing opportunities to grow or invest into specific assets. Here’s a small description of what types of financing are commonly available:

But, as soon as you are part of our entrepreneurship programmes and start looking for investments (of whatever type), you may use our brand/the programme’s brand as a reference of course, as you’re a current attendee or alumni.

This also means, that we ask for certain expectations to be fulfilled by you as entrepreneur & Start-up to be able to continue representing our brand:

• Graduate from our Entrepreneurship Programmes (any of these: Climate Launchpad, ClimAccelerator, others) with success
• Fulfill the “Investor Readiness” curriculum of that Entrepreneurship Programme
• Have clarity on all of these questions:
  • Do you really need any investment or not?
  • Do you have a clear understand on what type of investment you’d need and look for?
  • Do you have clarity on the terms and conditions you’d be wanting to agree on with investors?
  • Do you have clarity on how much investment you need? and when?
  • Do you have a clarity on your growth projections (both: optimistic, pessimistic)?
  • Have you done your internal homework: clear legal structure of company, transparency on equity holders, financial statements and balances correct and audited, cashflow management set-up properly
  • Are you aware of potential future risks and how to mitigate them?