Funding Game - Step-by-Step Help for Entrepreneurs
Funding Game STEP BY STEP HELPFOR ENTREPRENEURS www.fundinggame.com
Create New PitchSelect ‘New Pitch’ from the vertical menu on the left. After the initial instructions you will go to the probably most important part – the elevator pitch.
The Elevator PitchEnter the name of your pitch and a short description – nomore than 2-3 sentences that will act as a teaser to your prospective supporters. Save, and then select a catchy image. When ready, press Save & Continue.
General Information and ROI Select the project industry and, if applicable, embed an online video or slideshow. Upload a summary for your product and its competitive advantages. At the ROI-page select the type and date of the planned liquidity event.
PMV and Investment Round Specify the current value of your company at the PMV- page. At Investment Round-page set the amount to raise and desired duration of the fundraising campaign.
S&M and Other Information List the major competitors on your market and the competitive advantages that your product or service has. At Other Info-page, select its stage of development.
Team Description & Other Documents At Team Description-page you can upload some resumes of your team members, as well as the strengths and weaknesses of the team. At Document Deck you can upload other documents you consider important.
Submit Your PitchOnce all mandatory information is in place, you can publish your pitch. At the Submit Pitch-page press the ‘StartFundraising Now’ button. If any mandatory data is missing, you will get here information what exactly is missing.
All or Nothing Depending on the total funds invested into yourcompany and its investment target, at the end of the fundraising campaign you may receive all invested funding points, or nothing. Even if the fundraisingcampaign is unsuccessful, you will keep the links to company’s business supporters.
Enjoy the Opportunity As you use only funding points throughout the game, you can neverlose real money. Take the chance and use ‘Trial & error’-approach to validate your product and estimate the market demand for it. Enjoy the opportunity!