Just got this blog setup and here is the first post – a little bit info about our road map.
We are planning to release the first part of Grow VC service in Q1 2009. At that time we will start accepting funding applications from new “web start-up’s”.
There are no geographical limitations and any Start-up that fit to following profile can apply:
Business model itself needs to be web based and aimed to be international, need for initial funding up to 100K euro or less. Other than that, it can be B2B, B2C or related to any industry, as long as the competitive edge is mainly connected to being web based service/business model.
It also need to have great potential for it to be appealing from the investment point of view. IE. clear competitive edge and opportunity within the aimed market.
Starting from Q1 we will be opening the business model with wider group of people under NDA, as part of the process on creating partnerships and co-operating agreements with various parties that will be connected to Grow VC.
The actual Grow VC service and business model in full, is planned to be launched by the end of Q2 or early Q3, 2009.
What else is new…
If you have not seen the early introduction video of Grow VC, you can see that below:
And last but not least, just few days ago we added the Google friend Connect to our current www.growvc.com site, where you can join, invite your friends and share your opinions with others that are interested about Grow VC, are looking for funding for their own start-up or just want to support our venture on changing the landscape of start-up funding forever…
A final note, if you are using multiple social networks online and are interested of Grow VC, there are also a new Supporter Group in Plaxo http://growvc.plaxogroups.com and a room in FriendFeed http://friendfeed.com/rooms/grow-vc-supporters that you can join.Join our growing community!
Tags: update
