Post on 19-Feb-2017
Funding request
IED, 3 May 2016 Lesson 9/2016
Frieda Brioschi / Emma Tracanella frieda.brioschi@gmail.com / emma.tracanella@gmail.com
9. Funding request
Programma del corso1. Start-ups
2. Ideas in context
3. Ideas Management
4. Market, Value and Business Model
5. Business Model Canvas
6. Being net
7. Start-up ecosystem and law
8. Communicate? Communicate!
9. Funding request
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9. Funding request
Oggi parliamo di…
• Equity capital (seed investment, business angel, venture capitalist, crowd funding)
• Prestiti
• Altri tipi di finanziamento (bandi, accesso al credito)
• suggerimenti!
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9. Funding request
I finanziamenti: come funzionano?
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9. Funding request5http://notes.fundersandfounders.com/post/80955964963/money-to-start-how-much-money-companies-started-with
9. Funding request6http://notes.fundersandfounders.com/post/80955964963/money-to-start-how-much-money-companies-started-with
9. Funding request
How it works /1
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http://www.inc.com/guides/201104/how-to-narrow-your-target-market.html
9. Funding request
How it works /2
8http://www.inc.com/guides/201104/how-to-narrow-your-target-market.html
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How it works /3
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http://www.inc.com/guides/201104/how-to-narrow-your-target-market.html
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How it works /4
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http://www.inc.com/guides/201104/how-to-narrow-your-target-market.html
9. Funding request
Investment in Europe
• 34% government agency
• 15% private individuals
• 12% firms
• 10% banks
• 9% found of founds
• …
11http://www.consob.it/main/aree/novita/consultazione_crowdfunding_20130329.htm
9. Funding request
Types of financing
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9. Funding request
Types of financing
• Equity capital
• Debt capital
• Other sources
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9. Funding request
Equity capital
• Ownership
• Willingness to take risk
• No interest and repayment
• Profit at exit (maybe…)
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9. Funding request
Equity Capital - Sources
• Parents, friends, …
• Incubatori
• Acceleratori
• Equity Crowdfunding
• Business Angel (individual, network)
• Venture Capitalist
• …
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9. Funding request
Seed Fund• From Idea to Prototype - to support the business until it can
generate cash of its own, or until it is ready for further investments
• Higher risk
• Not only $$ (mentorship, location, contacts,…)
• 500startups, Ycombinator, Techstars, SeedCamp
• Dpixel, Start Up Design Lab e SeedLab
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9. Funding request
SeedLab
SeedLab is an entrepreneurship program that provides micro-seed funding and in-class training and mentorship.
The program consists of an intensive track, to help innovators with a good technology or business idea build strongest business models, form effective teams and meet international investors.
Enterprenur are selected for: personal skills, idea proposed and qualification.
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9. Funding request
Business Angels
• Investitori privati che finanziano le imprese tramite l’acquisto di quote azionarie
• Privati cittadini o network di persone
• Investono i propri risparmi
• Exit strategy in 3-5 anni
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9. Funding request
Venture Capitalist
• Investitori privati che finanziano tramite una società o un fondo chiuso
• Investono denaro di terzi
• Hanno vincoli legali
• Orizzonte di 3-5 anni
19http://www.startupitalia.eu/blog/article/101-venture-capitalist
9. Funding request
Crowdfunding
• Crowdfunding is the collective effort of individuals who network and pool their money, usually via the Internet, to support efforts initiated by other people or organizations
• Interest and repayment starts immediately
• No ownership
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Crowdfunding: come funziona?
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9. Funding request
Crowdfunding models
• Donation based - donate money to support a cause
• Reward based - non-monetary rewards, often a product or a pre-series item.
• Social landing or peer-to-peer landing - receives an interest rate in exchage
• Equity based - receives shares of a company
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Crowdfunding models
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Kapipal
• Manifesto: your friends are your capital! Hence the name "Kapipal" ("Capital" + "Pal").
• International platform for personal crowdfunding (birthday or weeding presents, charity, etc.)
• 0% commission
• donation/reward based
• Founded in 2009
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Eppela• Reward based
• All or nothing
• Approved project only
• Open to everyone (legal people and entities public and private, associations and foundations). With a bank account!
• Founded in 2011
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Eppela - how it works
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9. Funding request
Fattelo (su Eppela)
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http://www.eppela.com/ita/projects/272/fattelo
Website: www.fattelo.com
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Skyislands - the film (su Indiegogo)
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https://www.indiegogo.com/projects/skyislands-the-film
Website: www.skyislands.net
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BeCrowdy
• The first italian cultural crowdfundig platform
• Reward based
• All or nothing
• On line from april 4th 2014
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Equity crowdfunding in Italy
• In July 2013 Italy became the first country in Europe to implement a complete regulation on equity-crowdfunding.
• National registry for crowdfunding operators.
• Only for innovative startup
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StarsUp• Equity based
• Is the first Italian portal authorized by Consob for the on-line collection of risk capital by innovative startups.
• It offers support towards the management of the project to:
• start-ups requiring capital;
• investors;
• start-ups that have already raised the needed capital.
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9. Funding request
Unicaseed
• Equity based
• First investment company in the registry special section (bank and sim).
• Evaluation process
• Tutoring and support for the startup management (before and after)
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Loan Capital
• Low willingness to take risk
• Interest and repayment starts immediately
• No ownership
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9. Funding request
Loan Capital - Sources
• Banks
• Real Estates Funding
• Guarantee Schemes (through banks)
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9. Funding request
Other Types
• Grant and Awards
• Funds
• Leasing
• Factoring
• Negotiate payments terms
• Sponsorships
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http://www.slideshare.net/bendtsen/financing-your-business
9. Funding request
Announcements
ACRI - Acri is an independent, non-profit, apolitical Association that represents the joint-stock Savings Banks and the Foundations of Banking Origin, the non-profit entities that came into existence in the early 1990s.
(www.acri.it)
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9. Funding request
Accesso al credito
Buonaimpresa – il credito cooperativo con i giovani che vogliono fare impresa
(www.buonaimpresa.it)
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9. Funding request
Sponsorships
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