Overview of the potential financing options available to Cypriot startups based on their stage of growth. Exploring the key information investors are looking for in a startup by exploring a pitch deck.
Let’s have a look at some Crowdfunding Strategies:
1. Rewards-Based Crowdfunding
2. Equity Crowdfunding
3. Donation-Based Crowdfunding
4. Debt Crowdfunding
Presentation at the Vaughan, Ontario, Canada Business Series with Panelists: Jim Turner, VP of Ontario Securities Commission, Christopher Charlesworth and Hivewire, Adam Spence, SVX
From Startup to Success Navigating Business Funding Services.Clean Slate Services
When starting a business, one of the biggest challenges is securing the necessary funding to get off the ground. That’s where Clean Slate Services comes in. We specialize in guiding entrepreneurs through the funding process, helping them secure the capital they need to turn their startup into a success.
Website - https://csservicesnc.com/
Websites for Crowdfunding: A Beginner's Guide
Businesses, creatives, and nonprofit organizations now frequently use crowdfunding websites to generate money for their endeavors or causes. We will provide you with a thorough overview of crowdfunding websites in this article. In this article, we'll go over everything there is to know about crowdfunding, including its fundamentals, many varieties, advantages, and best practices.
Through the use of crowdfunding, people or organizations can collect contributions from a large number of people in order to fund a project or cause. Crowdfunding makes it possible for anybody to make tiny financial contributions to a project without relying on a small number of investors. Dedicated crowdfunding platforms or websites are often used to carry out crowdsourcing campaigns online.
Varieties of crowdsourcing:
There are various forms of crowdsourcing, such as:
Rewards-based crowdfunding: In return for their donations, supporters get gifts or benefits.
Crowdfunding for equity: Investors get a piece of the business or project back.
Donation-based crowdfunding: Participants make financial contributions without anticipating payment or stock ownership.
Crowdfunding for debt entails investors lending money to borrowers in exchange for interest.
Advantages of crowdsourcing:
Websites that facilitate crowdsourcing are very advantageous for nonprofit organizations, businesses, and artists. Among the advantages of crowdsourcing are:
Access to capital: Fundraising for businesses and organizations is made simpler by crowdfunding, which gives users access to a sizable pool of possible investors. A successful crowdfunding campaign can show that there is a market for a given product or idea, which can be helpful for attracting future investors or customers.
Increased visibility: Fundraising efforts for a project or cause can attract media attention, social media buzz, and word-of-mouth recommendations.
How to Run an Effective Crowdfunding Campaign
A successful crowdfunding campaign needs to be carefully planned and carried out. Here are some pointers for developing an effective crowdsourcing campaign:
1. Decide on a reasonable budget:
Setting a reasonable funding target for your crowdsourcing effort is crucial. Your financial target should be sufficient to pay for the costs of your project, but not too lofty as to be impractical. When choosing your funding target, you should also take the platform's fees into account.
2. Offer Attractive Rewards:
Provide Valuable Rewards Rewards are an important factor in encouraging supporters to donate to a crowdfunding campaign. Offer incentives that are relevant to and appealing to your target audience.
3. Craft a Strong Pitch:
A pitch that clearly and persuasively explains your project or causes and why it merits support should be part of your crowdfunding campaign. Use pictures, videos, and other types of material to engage your audience and communicate your narrative.
Let’s have a look at some Crowdfunding Strategies:
1. Rewards-Based Crowdfunding
2. Equity Crowdfunding
3. Donation-Based Crowdfunding
4. Debt Crowdfunding
Presentation at the Vaughan, Ontario, Canada Business Series with Panelists: Jim Turner, VP of Ontario Securities Commission, Christopher Charlesworth and Hivewire, Adam Spence, SVX
From Startup to Success Navigating Business Funding Services.Clean Slate Services
When starting a business, one of the biggest challenges is securing the necessary funding to get off the ground. That’s where Clean Slate Services comes in. We specialize in guiding entrepreneurs through the funding process, helping them secure the capital they need to turn their startup into a success.
Website - https://csservicesnc.com/
Websites for Crowdfunding: A Beginner's Guide
Businesses, creatives, and nonprofit organizations now frequently use crowdfunding websites to generate money for their endeavors or causes. We will provide you with a thorough overview of crowdfunding websites in this article. In this article, we'll go over everything there is to know about crowdfunding, including its fundamentals, many varieties, advantages, and best practices.
Through the use of crowdfunding, people or organizations can collect contributions from a large number of people in order to fund a project or cause. Crowdfunding makes it possible for anybody to make tiny financial contributions to a project without relying on a small number of investors. Dedicated crowdfunding platforms or websites are often used to carry out crowdsourcing campaigns online.
Varieties of crowdsourcing:
There are various forms of crowdsourcing, such as:
Rewards-based crowdfunding: In return for their donations, supporters get gifts or benefits.
Crowdfunding for equity: Investors get a piece of the business or project back.
Donation-based crowdfunding: Participants make financial contributions without anticipating payment or stock ownership.
Crowdfunding for debt entails investors lending money to borrowers in exchange for interest.
Advantages of crowdsourcing:
Websites that facilitate crowdsourcing are very advantageous for nonprofit organizations, businesses, and artists. Among the advantages of crowdsourcing are:
Access to capital: Fundraising for businesses and organizations is made simpler by crowdfunding, which gives users access to a sizable pool of possible investors. A successful crowdfunding campaign can show that there is a market for a given product or idea, which can be helpful for attracting future investors or customers.
Increased visibility: Fundraising efforts for a project or cause can attract media attention, social media buzz, and word-of-mouth recommendations.
How to Run an Effective Crowdfunding Campaign
A successful crowdfunding campaign needs to be carefully planned and carried out. Here are some pointers for developing an effective crowdsourcing campaign:
1. Decide on a reasonable budget:
Setting a reasonable funding target for your crowdsourcing effort is crucial. Your financial target should be sufficient to pay for the costs of your project, but not too lofty as to be impractical. When choosing your funding target, you should also take the platform's fees into account.
2. Offer Attractive Rewards:
Provide Valuable Rewards Rewards are an important factor in encouraging supporters to donate to a crowdfunding campaign. Offer incentives that are relevant to and appealing to your target audience.
3. Craft a Strong Pitch:
A pitch that clearly and persuasively explains your project or causes and why it merits support should be part of your crowdfunding campaign. Use pictures, videos, and other types of material to engage your audience and communicate your narrative.
India has become the third-largest startup ecosystem in the world due to the gradual rise in the startup culture. The three main resources for a startup are ideas, funds and people. The idea will be developed on considering the market factors, competition and growth. If the business idea is found appealing after the prototype process, the investors line up to fund the startup. Startup fundings is a difficult task and can transform the business landscape completely. As a budding startup entrepreneur, you must evaluate where your startup stands and how much funding is required to be raised from external sources and what type of investor you need.
India has become the third-largest startup ecosystem in the world due to the gradual rise in the startup culture. The three main resources for a startup are ideas, funds and people. The idea will be developed on considering the market factors, competition and growth. If the business idea is found appealing after the prototype process, the investors line up to fund the startup. Startup fundings is a difficult task and can transform the business landscape completely. As a budding startup entrepreneur, you must evaluate where your startup stands and how much funding is required to be raised from external sources and what type of investor you need.
This presentation has been presented on September 19th 2016 in Stockholm: Key elements:
Types of crowdfunding, Investor behavior, the difference between Reward, Equity, P2P Lending, Crowdinvestment, Lending in Crowdfunding, How to choose a platform, Fintech, Kickstarter, FundedByMe, Unicorn, StartUp, Funding, Entrepreneurship.
Get funds for app development as a tech startup and give wings to your dreamsConcetto Labs
If you are looking for the best live streaming apps to utilize its extravagant features for your business? If yes, this blog is for you. Contact Us Now
Litigation as a sort of investment is no more an foreign concept and the track records of some outsider funders may make it an appealing investment opportunity.
Bloomio releases today an insightful analysis on the state of equity crowdfunding; a deep dive into the industry, investigating drivers and pain points for retailer investors tapping into the venture capital arena.
The report has been developed in collaboration with a 2018 MBA class of IMD Business School and it is composed of industry analytics, qualitative and quantitative researches.
www.bloomio.com
Crowdfunding - Will it work in India? Samir Bhatia
Samir Bhatia, Founder and CEO of SMECorner.com tackles an interesting topics - crowdfunding. He talks about the concept and examines whether this novel idea will take a strong footing in the emerging Indian Market.
Financing Alternatives for Start-Ups and Small Businesses.pdfPay10
Entrepreneurs play an impactful role in the economic development of a country. Their responsibility is not just limited it making their profits but also creating employment opportunities, driving innovation, developing new markets, and innovating new products etc. Entrepreneurs are the valuable assets of the country who initiate to address socio-economic problems and find solutions for them.
Crowdfunding and Startups: Why Angels & VC's Should Love CrowdfundingPatch of Land
Crowdfunding and Startups: Why Angels & VC's Should Love Crowdfunding was a presentation given by Manolis Sfinarolakis, the Founder of Reality Crowd TV Media Corporation, at MIT in front of Venture Capitalists, Angel Investors, and Startup Companies.
For Startups: Gives specific examples of why startups should considering using crowdfunding for their business.
For Venture Capitalists / Angels: Gives specific reasons of why venture capitalists / angels should see crowdfunding as a benefit to their investment plans.
Crowdfunding for Women: The Capital Raising EqualizerPatch of Land
Crowdfunding for Women: The Capital Raising Equalizer is a presentation given by Reality Crowd TV Media Corporation to the University of Hartford Entrepreneurial Center for Women on 10/30/14.
An Introduction to the World of Venture CapitalScott Tominaga
When startups need funding, venture capital is one option they might consider. Getting funding from a VC firm can offer certain advantages to new businesses that may not be able to get approved for traditional loans. Thanks to the rise of crowdfunding, it’s now becoming decidedly more mainstream.
For decades Cyprus has been established as a vibrant business hub with a thriving
economy. Cyprus’ economic performance is indicated in various global reports
documenting the set of factors that contribute to its developed high-income status.
With this report the Centre for Entrepreneurship of the University of Cyprus intends to
evaluate these favorable conditions in relation to the formation, operation and evolution
of entrepreneurship in Cyprus.
The presentation will be focused to show that, an idea is nothing without the hard work that most of the times, no one thinks of. Will try to give an inside point of view on how a Cyprus based company treats ideas and solutions salespeople in general, what they should be prepared for, what options/ decisions they should take before requesting a business meeting. General understanding of B2B and B2C models, what a business concept is and why is needed, how do companies operate towards expenses – a brief inside of budget and time frames.
More Related Content
Similar to Startup Financing and Crowdfunding Lecture
India has become the third-largest startup ecosystem in the world due to the gradual rise in the startup culture. The three main resources for a startup are ideas, funds and people. The idea will be developed on considering the market factors, competition and growth. If the business idea is found appealing after the prototype process, the investors line up to fund the startup. Startup fundings is a difficult task and can transform the business landscape completely. As a budding startup entrepreneur, you must evaluate where your startup stands and how much funding is required to be raised from external sources and what type of investor you need.
India has become the third-largest startup ecosystem in the world due to the gradual rise in the startup culture. The three main resources for a startup are ideas, funds and people. The idea will be developed on considering the market factors, competition and growth. If the business idea is found appealing after the prototype process, the investors line up to fund the startup. Startup fundings is a difficult task and can transform the business landscape completely. As a budding startup entrepreneur, you must evaluate where your startup stands and how much funding is required to be raised from external sources and what type of investor you need.
This presentation has been presented on September 19th 2016 in Stockholm: Key elements:
Types of crowdfunding, Investor behavior, the difference between Reward, Equity, P2P Lending, Crowdinvestment, Lending in Crowdfunding, How to choose a platform, Fintech, Kickstarter, FundedByMe, Unicorn, StartUp, Funding, Entrepreneurship.
Get funds for app development as a tech startup and give wings to your dreamsConcetto Labs
If you are looking for the best live streaming apps to utilize its extravagant features for your business? If yes, this blog is for you. Contact Us Now
Litigation as a sort of investment is no more an foreign concept and the track records of some outsider funders may make it an appealing investment opportunity.
Bloomio releases today an insightful analysis on the state of equity crowdfunding; a deep dive into the industry, investigating drivers and pain points for retailer investors tapping into the venture capital arena.
The report has been developed in collaboration with a 2018 MBA class of IMD Business School and it is composed of industry analytics, qualitative and quantitative researches.
www.bloomio.com
Crowdfunding - Will it work in India? Samir Bhatia
Samir Bhatia, Founder and CEO of SMECorner.com tackles an interesting topics - crowdfunding. He talks about the concept and examines whether this novel idea will take a strong footing in the emerging Indian Market.
Financing Alternatives for Start-Ups and Small Businesses.pdfPay10
Entrepreneurs play an impactful role in the economic development of a country. Their responsibility is not just limited it making their profits but also creating employment opportunities, driving innovation, developing new markets, and innovating new products etc. Entrepreneurs are the valuable assets of the country who initiate to address socio-economic problems and find solutions for them.
Crowdfunding and Startups: Why Angels & VC's Should Love CrowdfundingPatch of Land
Crowdfunding and Startups: Why Angels & VC's Should Love Crowdfunding was a presentation given by Manolis Sfinarolakis, the Founder of Reality Crowd TV Media Corporation, at MIT in front of Venture Capitalists, Angel Investors, and Startup Companies.
For Startups: Gives specific examples of why startups should considering using crowdfunding for their business.
For Venture Capitalists / Angels: Gives specific reasons of why venture capitalists / angels should see crowdfunding as a benefit to their investment plans.
Crowdfunding for Women: The Capital Raising EqualizerPatch of Land
Crowdfunding for Women: The Capital Raising Equalizer is a presentation given by Reality Crowd TV Media Corporation to the University of Hartford Entrepreneurial Center for Women on 10/30/14.
An Introduction to the World of Venture CapitalScott Tominaga
When startups need funding, venture capital is one option they might consider. Getting funding from a VC firm can offer certain advantages to new businesses that may not be able to get approved for traditional loans. Thanks to the rise of crowdfunding, it’s now becoming decidedly more mainstream.
For decades Cyprus has been established as a vibrant business hub with a thriving
economy. Cyprus’ economic performance is indicated in various global reports
documenting the set of factors that contribute to its developed high-income status.
With this report the Centre for Entrepreneurship of the University of Cyprus intends to
evaluate these favorable conditions in relation to the formation, operation and evolution
of entrepreneurship in Cyprus.
The presentation will be focused to show that, an idea is nothing without the hard work that most of the times, no one thinks of. Will try to give an inside point of view on how a Cyprus based company treats ideas and solutions salespeople in general, what they should be prepared for, what options/ decisions they should take before requesting a business meeting. General understanding of B2B and B2C models, what a business concept is and why is needed, how do companies operate towards expenses – a brief inside of budget and time frames.
By 2020, several key building blocks of the future tech universe have been firmly established. Significant progress in areas such as quantum computing, big data, artificial intelligence, robotics and immersive reality have been made, enabling a clearer understanding of how tech will develop in the next 10-20 years.
By 2030, emerging robotics and AI will have made remarkable progress in changing the face of current industries and processes. Most fast food outlets will run mainly on robotic labour, with human labour representing only a small fraction of total spend. AI will be able to support, and eventually supplant, at least 90% of current effort implemented by service professionals such as accounting, consulting, or law.
And by 2040, we will feel comfortable enough with this technology that it will be widely adapted. Our cities, homes and workplaces will be transformed through technology and predictive analytics. Self-driving vehicles will reduce congestion and pollution. Robots will remove the need for widespread human labour. Most processes, such as financial management, will be fully automated and managed by intelligent agents, removing the need for mundane tasks like queuing at a bank or going to a supermarket for groceries.
Advances in gene therapies and biological – mechatronic interfaces will rapidly transform medical technology and health outcomes. These have the potential to not only significantly expand human lifespan, but also improve human health.
At the same time, it is clear that as a society and as a government / economic policy, we are far behind the curve in understanding how these will affect our educational systems, employment and the very idea of human potential.
Comparatively few citizens will be able to adapt successfully to gainful employment (or entrepreneurship) in the future tech society. This means that families and citizens today need to start making decisions for how they will live 20 years from now. These decisions affect their own educational and investment choices, as well as the very nature of our society.
Philip Ammerman will discuss the future trends in tech and how these will affect companies, families and governments in 2030 and 2040.
Το GEM αποτελεί ένα σημαντικό, έγκυρο και διεθνώς αναγνωρισμένο στατιστικό εργαλείο για την αξιολόγηση της επιχειρηματικότητας σε πάνω από 100+ οικονομίες που συμμετέχουν ανά το παγκόσμιο. Με βάση τα αποτελέσματα του GEM εκδίδονται κάθε χρόνο δυο εκθέσεις αναφοράς για την επιχειρηματικότητα, σε παγκόσμιο και εθνικό επίπεδο. Το Κέντρο Επιχειρηματικότητας του Πανεπιστημίου Κύπρου έχει αναλάβει τον συντονιστικό ρόλο για τη συμμετοχή της Κύπρου στο GEM και την ολοκλήρωση των απαιτήσεων του, και τη συγγραφή της εθνικής έκθεσης αναφοράς. Η φετινή Έκθεση Αναφοράς παρουσιάζει συγκρίσεις στους δείχτες του GEM μεταξύ της Κύπρου και άλλων χωρών. H συμμετοχή της Κύπρου στο GEM γίνεται με χορηγία από το Υπουργείο Ενέργειας, Εμπορίου και Βιομηχανίας και η διάχυση των αποτελεσμάτων με την χορηγία της PwC Κύπρου.
The seminar will present the data sets, methodology and key findings of two AUEB funded research projects on the new entrepreneurial paradigm and the startup ecosystem that emerged during the recent economic crisis in Greece.
The programme will provide the participants with the necessary skills to help them negotiate effectively, and at the same time maintain good relationships with their counterparts.
By the end of the 2-hour workshop, participants will be able to:
Apply the necessary negotiation tactics depending on the situation
Adjust their behaviour and style depending on who they are negotiating with
Avoid errors and traps that lead to dead ends in negotiations
Everyone has great ideas, and many of us have more than one. But how can you evaluate your idea to understand whether it’s good enough to launch as a business?
Το design thinking είναι μια ανθρωποκεντρική, διεπιστημονική προσέγγιση που έχει ως στόχο να βοηθήσει τις επιχειρήσεις (π.χ. νεοσύστατες εταιρείες) να αλλάξουν και να καινοτομήσουν. Το design thinking ακολουθεί μια προσέγγιση η οποία συνδυάζει δημιουργική και ορθολογική σκέψη, και περιλαμβάνει μια διαδικασία που αποτελείται από ενσυναίσθηση (emphasize), παραγωγή ιδεών (idea) και δημιουργία πρωτοτύπων (prototype).
The gaming industry is exponentially expanding touching everyone's lives daily without even realizing it. Millions of games have been released and are now readily available for us to play from our living room to our social media on our phone. Working in this industry is truly fascinating. Working in a truly global company with offices around the world is even more fascinating.
I will share with you my knowledge on gaming, discuss its future and teach you best practises in working with teams of different cultures.
Σε αυτή την παρουσίαση θα καλυφθούν τα βασικά για το επιχειρηματικό σχέδιο: τι είναι, γιατί το χρειαζόμαστε, σε ποιους απευθύνεται, τι περιέχει – ορισμοί για κάποιες έννοιες, ποια “εργαλεία” χρησιμοποιούνται για την δημιουργία των σημαντικών ενοτήτων του, ποιοι οι λόγοι απόρριψης του από τους επενδυτές και ποια είδη κινδύνων στην εκπόνηση του.
Its not always easy to have your interview done face to face with the company you want to work and is miles away from you. First impressions are key and many companies ask for either a live video interview or that you explain yourself in an one minute video.
How do you do that? What are the crucial things to avoid in such situations? Yes you might be doing the video home but should you be wearing your favorite sports t-shirt while the TV is on in the background?
We will talk about the right set up, the right lighting, and how to make eye contact even through a camera. Simple steps of video editing will be shown as well as examples will be given.
The threat of automation implies a race between education and technology. In most countries, education systems are not providing workers with the skills necessary to compete in today’s job markets. The growing mismatch between skills demand and supply holds back economic growth and undermines opportunities. At the same time, the returns to human capital are high in most countries, and a growing skills premium is evident in much of the world. Automation simultaneously results in deskilling and imposes a need for new skills, and is changing what education will need to look like in the future.
The 6-18 months following launch of an enterprise or start-up are critical. Once a prototype has been launched and is in the market, a key priority is to achieve growth. Known as scaling up, this growth process typically requires achievement in three core areas:
Achieving product / market fit: Continually developing your product and business model to ensure the widest and deepest possible growth in terms of users;
Growing the human resources and decision-making capacity of your firm: Ensuring that your talent and governance structures are continually evolving to meet growth requirements;
Securing finance: Making sure you have the financial resources to grow, either using organic cash flow or external financing.
This presentation will offer a brief roadmap to prepare for your scaling up journey. It will include practical tools, methods and advice for different aspects of scaling, and outline some common pitfalls seen along the way.
More from Center for Entrepreneurship (C4E), University of Cyprus (20)
Best Crypto Marketing Ideas to Lead Your Project to SuccessIntelisync
In this comprehensive slideshow presentation, we delve into the intricacies of crypto marketing, offering invaluable insights and strategies to propel your project to success in the dynamic cryptocurrency landscape. From understanding market trends to building a robust brand identity, engaging with influencers, and analyzing performance metrics, we cover all aspects essential for effective marketing in the crypto space.
Also Intelisync, our cutting-edge service designed to streamline and optimize your marketing efforts, leveraging data-driven insights and innovative strategies to drive growth and visibility for your project.
With a data-driven approach, transparent communication, and a commitment to excellence, InteliSync is your trusted partner for driving meaningful impact in the fast-paced world of Web3. Contact us today to learn more and embark on a journey to crypto marketing mastery!
Ready to elevate your Web3 project to new heights? Contact InteliSync now and unleash the full potential of your crypto venture!
How to Build a Diversified Investment Portfolio.pdfTrims Creators
Building a diversified investment portfolio is a fundamental strategy to manage risk and optimize returns. For both novice and experienced investors, diversification offers a pathway to a more stable and resilient financial future. Here’s an in-depth guide on how to create and maintain a well-diversified investment portfolio.
Textile Chemical Brochure - Tradeasia (1).pdfjeffmilton96
Explore Tradeasia’s brochure for eco-friendly textile chemicals. Enhance your textile production with high-quality, sustainable solutions for superior fabric quality.
Salma Karina Hayat is Conscious Digital Transformation Leader at Kudos | Empowering SMEs via CRM & Digital Automation | Award-Winning Entrepreneur & Philanthropist | Education & Homelessness Advocate
Explore Sarasota Collection's exquisite and long-lasting dining table sets and chairs in Sarasota. Elevate your dining experience with our high-quality collection!
When listening about building new Ventures, Marketplaces ideas are something very frequent. On this session we will discuss reasons why you should stay away from it :P , by sharing real stories and misconceptions around them. If you still insist to go for it however, you will at least get an idea of the important and critical strategies to optimize for success like Product, Business Development & Marketing, Operations :)
Reflect Festival Limassol May 2024.
Michael Economou is an Entrepreneur, with Business & Technology foundations and a passion for Innovation. He is working with his team to launch a new venture – Exyde, an AI powered booking platform for Activities & Experiences, aspiring to revolutionize the way we travel and experience the world. Michael has extensive entrepreneurial experience as the co-founder of Ideas2life, AtYourService as well as Foody, an online delivery platform and one of the most prominent ventures in Cyprus’ digital landscape, acquired by Delivery Hero group in 2019. This journey & experience marks a vast expertise in building and scaling marketplaces, enhancing everyday life through technology and making meaningful impact on local communities, which is what Michael and his team are pursuing doing once more with Exyde www.goExyde.com
What You're Going to Learn
- How These 4 Leaks Force You To Work Longer And Harder in order to grow your income… improve just one of these and the impact could be life changing.
- How to SHUT DOWN the revolving door of Income Stagnation… you know, where new sales come into your magazine while at the same time existing sponsors exit.
- How to transform your magazine business by fixing the 4 “DON’Ts”...
#1 LEADS Don’t Book
#2 PROSPECTS Don’t Show
#3 PROSPECTS Don’t Buy
#4 CLIENTS Don’t Stay
- How to identify which leak to fix first so you get the biggest bang for your income.
- Get actionable strategies you can use right away to improve your bookings, sales and retention.
4. Frixos
Larkos
Panayiotis
Kakourides
BSc Economics & Finance from University of Surrey,
Master’s in Financial Analysis from London Business
School, Experienced in investment banking, insurance,
wealth management and technology sector. Passed CFA
Level I and II exams.
BSc Business Mathematics & Statistics from London
School of Economics, Master’s in Financial Analysis from
London Business School, Experienced in Strategy &
Transactions Advisory. Passed CFA Level I and II exams.
The first investment-based crowdfunding platform in
Cyprus, regulated by the Cyprus Securities and Exchange
Commission. Founded in October 2020 by Frixos Larkos
(CEO) and Daniel Koudouna (CTO), and gained its Cyprus
Investment Firm license from CySEC in January 2022.
6. What they do
Who they are for
Support startups during the very early stages of their
development. They provide valuable resources such as
office space, infrastructure and facilities, access to an
executive mentor’s network, and legal, financial, and other
types of consultation.
Startups that are still in the idea stage, or in the process of
turning their idea into a viable business, would benefit
greatly from applying to these organisations and
leveraging everything they have to offer. These startups
are usually called Pre-Seed.
IDEA Innovation Center
Cyprus Seeds
ARIS A Really Inspiring Place
Accelerators & Incubators
Examples
7. What they do
Who they are for
Provide funding without asking for an equity stake in
return, provided the specific conditions are met. These
programs typically have high levels of competition
amongst applicants, as the total funding amount available
is usually below the needs of the market.
Wide range of businesses, from very early-stage startups
to established Small-Medium-Enterprises (SMEs).
Research and Innovation Foundation IRIS Portal
Ministry of Finance Information Portal for Funding
Programmes
Ministry of Energy, Commerce and Industry Digitalisation
Grant
Grants
Examples
8. What they do
Who they are for
Angel investors are typically high-net-worth individuals that
provide financing to startups for an equity stake in the
company. These investors are usually well-established
entrepreneurs themselves, with wide-reaching networks
that can help you reach the right people as well as give
advice and guide you to success. Quite limited presence of
angel investors in Cyprus in comparison with other
countries.
Can invest very early in a startup or in a later financing
round as a combination with other funding sources (e.g.
crowdfunding, venture capital). Typical investment sizes
range from €25,000 to €100,000 per angel investor, but in
some cases can be more than that.
Cyprus Business Angels Network (CYBAN)
Angel Investors
Examples
9. What they do
Who they are for
Pooled investment funds that look to invest in startups
and SMEs in return for an equity stake. They typically
employ a more active role in their investments by providing
guidance, networking opportunities and often assume a
board seat in the company.
Venture Capital (VC) Funds usually invest after the Seed
stage of a startup (Series A and later). Typical investment
sizes range from €200,000 to €1,000,000.
KV Fund by Kinisis Ventures
Whitebeam
Cyprus Equity Fund (expected to launch February/March
2023)
Venture Capital Funds
Examples
10. What they do
Who they are for
Provide financing to startups by pooling investments from
a large number of individual investors. A crowdfunding
campaign is created for every startup that seeks financing,
with all information presented in one centralised location –
the campaign page. Investors have a chance to review all
available information and take their decision whether they
want to invest or not.
Depending on the type of crowdfunding campaign, they
can finance startups from their very early stages through
to their later stages, either as a single financing source or
a combination with other funding sources (such as angel
investors and VC funds).
Crowdbase
Kickstarter
Crowdcube
Seedrs
Crowdfunding Platforms
Examples
12. Introduction
Crowdfunding is the method of raising capital
from a large number of individuals to support
a new business venture or project. Each
individual invests a relatively small amount of
money, which is pooled together to provide
the funds needed for the project. In return,
investors receive financial and/or non-
financial benefits, depending on the type of
crowdfunding campaign.
13. The 4 types of crowdfunding
1. Equity
Crowdfunding
Allows investors to acquire an ownership stake
in a private business, proportional to the
amount invested. As shareholders in the
business, investors enjoy financial benefits in
dividends or returns (e.g. company acquisition).
This type is popular among startups that
struggle to secure financing through traditional
sources due to their high risk-return profile.
14. The 4 types of crowdfunding
2. Debt
Crowdfunding
With this type, companies borrow money from
investors (like they would from a bank) and
repay them over time with interest. Popular
among SMEs, with at least 2 - 3 years of
financial history and relatively stable cash
flows.
15. The 4 types of crowdfunding
3. Rewards-based
Crowdfunding
Backers receive different non-financial
benefits in exchange for their money. This
could range from a small thank you note to a
final product delivered to a backer’s doorstep.
Kickstarter is one of the most established
platforms worldwide for this type of
crowdfunding. A Cypriot startup, Hegemonic
Project, has managed to raise €600,000 from
10,801 backers through Kickstarter!
16. The 4 types of crowdfunding
4. Donation-based
Crowdfunding
Individuals donate money to specific causes
and charities. With a donation, individuals
have the opportunity of effecting positive
change in their communities, indirectly
receiving non-financial benefits. An example
of such crowdfunding platform is GoFundMe.
17. Why raise capital with
crowdfunding?
Concept
Validation
A successful campaign is the perfect proof of
concept and validation of a potential market
for your product or service. Using the
momentum of a successful campaign, the
entrepreneur can later raise additional funds
from institutional investors.
Although raising money is usually the main goal of a
crowdfunding campaign, it also comes with additional
benefits to complement your funding round.
18. Why raise capital with
crowdfunding?
Regardless of the campaign’s outcome, your
business will gain significant exposure to
Crowdbase’s customer base. Intense marketing
efforts from both the company and the
crowdfunding platform to attract investments
work together to increase the company’s
exposure and visibility across its target market(s).
Marketing
Exposure
19. Why raise capital with
crowdfunding?
By presenting your business ideas in front
of thousands of potential investors,
customers, and community members, you
can source suggestions and feedback from
all kinds of different perspectives. Then, it
is up to you to evaluate the information and
update your plan accordingly.
Crowdsourcing
of Ideas
20. Why raise capital with
crowdfunding?
The crowdfunding platform will help you
centralise all information required for the
campaign that potential investors would need.
Having all investors gathered at a single contact
point eliminates the need for the entrepreneur to
contact, explain and send/receive documents to
multiple individuals about the project. You can
just redirect them to the campaign page where all
of the information they need is in, allowing you to
focus on running your business.
Efficiency
21. How Crowdbase works
Crowdfunding companies approach Crowdbase
with their proposal. Our team analyses each
application in detail and selects only the
companies it believes in. Our selection
methodology is simple; we do not accept
proposals that we wouldn’t invest in ourselves.
Screening
22. How Crowdbase works
Crowdbase performs its KYC checks and due
diligence process to ensure that, to the best of its
knowledge, all the information that the company
presents to investors is fair and truthful.
KYC & Due Diligence
23. How Crowdbase works
Crowdbase works alongside the fundraising
company to create a representative campaign
page, marketing material and roll-out strategy.
Campaigns are usually live for one to three months,
depending on the size of the fundraising round.
Campaign Launch
24. How Crowdbase works
While the campaign is open, anyone can invest
from as little as €100 in certain campaigns. The
funds are pooled together by Crowdbase until the
campaign closes successfully.
Pooling of Investments
25. How Crowdbase works
Once the campaign is successful, the company
issues the shares to the crowdfunders based on
their invested amount. Then, Crowdbase transfers
the collected funds to the company.
Investment Certificate
27. Key Pitch Deck Components
Problem
Solution
Target Audience
Team
Competition
Financials
Use of Funds
Roadmap
Business Model
Market Size
28. Structuring your funding rounds
Make a plan
Make a long-term plan of your financing
needs until profitability.
Split into
phases
Split your financing needs into phases.
Do not make the mistake of raising all
financing needed until profitability from
the beginning.
Implement
your plan
Start your first round with enough funding
to complete Phase 1. Once Phase 1 is
completed, THEN go and acquire further
funding for Phase 2. Rinse and repeat.