ANGEL CHALLENGE NORDLAND

Learn how to invest in early startup companies

Angel Challenge is a workshop based program for investors and startups. During eight evening sessions, 10 angel investors work closely together analyzing 10 investor-ready startups that are competing for an investment of500 000 NOK.

From Aug.21 2017 - Oct.11 2017

REGISTER FOR MORE INFO

  • Limited to 10 investor seats
  • Any startups are invited to apply
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PROGRAM DESCRIPTION

Angel Challenge Nordland is a workshop based program for Startup Investors and Startup Companies. During several evening sessions, 10 angel investors work closely together analyzing 10 investor-ready startups that are competing for an investment of 500 000 NOK, whilst learning the mechanics and possibilities of investing in early stage companies. 

The participating investors set aside 50 000 NOK each upon entering the Program. During the program they work together in groups, selecting and helping 5 finalist startups become a winning investment case, before voting for a single winner at the finale day in the end of the program.

Program Format

  •     10 investors and 10 startups meet
  •     A two month program with 1 workshop every second week
  •     1 startup receives 500 000 NOK investment

INVESTORS: 

What will Investors do?
During six weekly evening sessions, investors will learn how to screen a startup, manage the due diligence process and close an investment together. 

What will Investors gain?
At the end of the program each investor would have invested 50 000 NOK in the winning startup, and have the knowledge and network to start building an investment portfolio.

Investor participation criteria

  •  Want to learn about angel investing
  •  Want to gain access to early stage startups
  •  50 000 NOK to invest, and more in the future 
  •  Pay participation fee of NOK 10 000,- eks.mva.  

STARTUPS: 

What will Startups do?
10 startups with be chosen from all applicants to pitch for 5 places on an eight-week program taking them through the entire investment cycle. 

What will Startups gain?
All 5 finalists will gain investor feedback and top class mentoring on their pitch and strategy, and undergo the full due diligence process - all while connecting with a growing community of investors. 

Startup participation criteria

  •   Dedicated team (Based in Norway)
  •   Available to participate in all program activities 
  •   Expected valuation from 5 to 20 Million NOK

DATES

STAGE 1 - SELECTION:  for investors and all qualified startups

Kick off day

Mon   21 Aug  09:30 - 16:00 Kick off day for Startups- investors mentors startups (Physical)

                         16:30 - 23:00 Kick off evening for all - How to pick a winner (Physical)

Selection days

Mon28 Aug     15:00 -23:00 10 startups pitching - investors select 5 +  Networking (Physical)

 

STAGE 2 - WORKSHOP:  - for investors and the 5 selected startups

Mon 11Sept      17:00-20:00 Video Workshop 1+ Meetup - Value drivers and KPI´s (Video)

Mon 18   Sept    15:00-21:00 Physical Workshop - Due Diligence(Physical)

Mon 2Oct         17:00-20:00 Video Workshop 2+ Valuation and portfolio management (Video)

 

Wed 11Oct          17:00-23:00 Angel Challenge Nordland Finale (Physical) 

 

 

ABOUT ANGEL CHALLENGE

Angel Challenge is the leading Norwegian investment community, running training programs, seminars and events for investors and startups to share best practice, network and startup deal flow. 

Angel Challenge was founded in 2015 by entrepreneurs and investors with a mission to engage more angel investors and increase startups investor readiness.