Taking you from early stage idea to a seed – funded start – up
Taking you from early stage idea to a seed – funded start – up
We identify startups from a variety of channels including angel groups, universities, our advisors, accelerators, our investor network, and our investment team’s connections.
A startup can also request investment by going to Powergate Ventures and filling in this form. Once you’ve submitted your information, a member of our team will review it and respond in a few weeks.
If we believe your startup is a good fit for funding, we will set up a meeting with you
This step allows our team to work with you to accelerate learning without building or launching. We may ask you to fill in a form before the meeting and you can share your pitch deck with us so we can understand you and your motivation. The screening meeting allows us to access you and your business for financial and PG support.
After that, a detailed evaluation of the proposal will take place. It includes but is not limited to: Track record of the entrepreneur, Market potential, Technological feasibility, Future turnover, Interview existing investors, Review financial model, Conduct competitor analysis …
Once the Screen & Evaluation phase is complete the analyses are packaged into a single memorandum called the ‘IC Memo’. Our Investment Committee will discuss and review the IC memo and will decide if an investment should be made. If there is a clear ‘yes’ the startup continues to the next phase — Going Forward.
Then, depending on agreed-upon Business and Financial Plans, we’ll work with selected entrepreneurs on Term Sheets, Company Incorporation, and Phased Capital Injection
If you pass our IC, the startup’s journey with Powergate Ventures will begin. We stay in touch to get quarterly updates and provide strategic support, connections, business advice, advice on measuring and improving your impact, among other benefits