Showing Results For Category: Raising capital

What is a mixed funding round?
Tuesday, July 12th, 2011

Following the update on 12 July 2011, users can enable micro funding rounds and raise capital in ten milestones. For existing funding rounds, some have been converted into ‘mixed’ rounds. Mixed funding rounds will not use the new system of milestones, and will require the entire round to be closed. If a user wants to… Read more…

How can I assess my situation?
Wednesday, April 13th, 2011

Regarding the funding round, you can monitor the amount committed through micro investments and direct investment proposals. Direct investment proposals will also need to be approved or rejected by the entrepreneur. You can also monitor how much interest your startup profile has generated, in terms of viewers and ratings by other members.  

How to interact with stakeholders from other countries?
Wednesday, April 13th, 2011

The global community has members from over 190 countries and therefore your audience may be highly international. After getting connected, you can always utilize Skype or other modern channels to get acquainted and introduced. There is a large amount of information and communication that can be gone through via Skype. Once you reach a certain… Read more…

If I decide I raised enough money can I leave the service?
Tuesday, March 22nd, 2011

Yes. It’s always your choice. Do note that the funding round needs to be closed, for it to go into the closing process. If the funding round has not reached the closing process and the required milestone, no capital can be raised by the startup. Consider that we are building a nurturing ecosystem, in a… Read more…

Is there a limit of time for raising capital?
Tuesday, March 22nd, 2011

No, there is not. As long as your account is active. Do note that the investment process can be lengthy, therefore it is good to be geared for the long-haul and focus on incremental progress.

Can I advertize my own startup using external sites?
Tuesday, March 22nd, 2011

Sure. It’s your startup and reaching the relevant audience is important for attracting attention.

How can I know the level of money raised?
Tuesday, March 22nd, 2011

When you start a new funding round you can receive micro investments or direct investment offers. The micro investments are directly counted in the amount raised visible on the startup profile, the direct investment offers are calculated only after the startup accepts them. Naturally, you can choose to not accept a direct investment offer as… Read more…

Offerings
Monday, November 22nd, 2010

On this page you can see your current funding round and what opportunities you are offering. You can create a new funding round by clicking “new” or then a new service opportunity. When enabling a funding round, you will need to specify how much equity you are willing to give (“Equity”) in return for how… Read more…

How to activate the crowd?
Monday, September 13th, 2010

Think of the virtual Silicon Valley as any real life location – what would you pursue in real life and how would it apply to online? Here is a blog post we did on “5 Ways to Initiate The Crowd in Crowdfunding” Here are the topics covered in that blog post, make sure to read… Read more…

I am labeled as NOT looking for funding – but I am!
Tuesday, August 10th, 2010

In order to be marked as “looking for funding“, you need to activate a funding round. You can do this by clicking “edit” on your startup profile, then clicking the “offerings” tab and selecting create new.. funding round. There you will be prompted to specify details regarding your funding round.

What commission does Grow VC take?
Wednesday, August 4th, 2010

The only commission Grow VC takes is on the returns generated by the micro investments. Even in this case, commission is only earned upon successfully generated returns, i.e. Grow VC wins only if the startups and members win! This means that direct investments and professional service investments are free of commission.

What happens to direct investments if raising funding is unsuccessful?
Wednesday, June 30th, 2010

If the funding of a project fails, i.e. it does not successfully raise the amount to close the funding round, the direct investments will not be made. Since the investments in the platform are only intentions, these intentions will simply be called off and any commitments will be canceled. No money changes hands in the… Read more…

Are direct investments taken into account in the status of raising funding?
Wednesday, June 30th, 2010

It is taken into account, but it requires that the startup accepts the investment from the investor. This is why it may not show immediately on the startup profile.

What is GrowVC’s legal standpoint?
Wednesday, June 9th, 2010

Our legal stand point is that we only facilitate the process and provide the tools, the rest is up to the community. This means that users are responsible to follow your local legislation and live up to best practices.

How is the money exchanged between me and the startup?
Wednesday, June 9th, 2010

The money is not actually exchanged within the service. Only after the amount the startup is looking to raise is reached, does the procedure go into closing. Then it is transferred to our certified partners to handle, for example a law firm depending on where the deal is, where they go through normal procedures and… Read more…

Why would an entrepreneur use the platform?
Friday, June 26th, 2009

It is a marketplace of entrepreneurial individuals! Entrepreneurs can find relevant people for their ventures, information on investors, other companies and important matters to manage in the fundraising and funding process. Further for entrepreneurs, visibility in the right crowd is important and being on the “investors” radar in a global community, can open doors in… Read more…

Why would a startup company use Grow VC?
Friday, June 26th, 2009

Startup companies can use the service to get information on fund raising, getting feedback and finding contacts to useful people like investors, lawyers, and advisories.