If you have just an idea or already a running business you can apply for funding. After you complete the application form, we will return with an answer during one working week, it can be positive with an invitation for a meeting/call or it can be negative with an explanation of our viewpoint. Most of the angel groups and accelerators refuse to explain their decision, we will do otherwise because we believe feedback is important to startup founders. In case the meeting went well and there is genuine interest, we will contact you again to schedule a pitch session in front of all group members. The angel group will decide upon investment after the session.
If the group is ready to invest in your startup, we will have to seat at the table and see what is the reasonable amount of finances the company really needs to grow at this stage. We will ask the founders to share all the information regarding their finances and traction and we expect complete honesty. If the terms have been agreed upon, the due diligence went well, we will help the founders incorporate in a SRL and we will direct the funding in the business account of the startup. After we invest, we will organize weekly dinners or mentor hours to stay in touch regarding startup progress.