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AC Nordland - fall 2018


PROGRAM DETAILS

For nine evening workshops, 20 angel investors work together on investor analysis of a handful of promising startups. The startups are competing for their attention and investment.
                        
The participating investors, both experienced and new to angel investing, set aside 50 000 NOK each upon entering the challenge. During the program they work together in groups, selecting and helping the startups become investor ready, before selecting 3-5 startups that they negotiate deals with and help fundraise.

Download AC Program PDF

 

PROGRAM MANAGER

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Ove Gjelsvik

Ove har bred lederfaring fra flere bransjer og brenner for å bidra til kompetanseheving innen oppstart, utvikling og drift av selskaper. Han er partner og leder i coworkingselskapet Bergen.Works, har sitt eget startup prosjekt med S2Gpeople og bidrar som både mentor, rådgiver og investor i startup miljøet i Bergen.

Ove Gjelsvik er på sin tredje «sesong» med Angel Challenge. Han startet med å delta selv som investor, gikk videre og hadde ansvaret for neste program i Bergen og nå klar som Program Manager for årets Bodø/Nordland program.


SCHEDULE

Pre Program - PREPARATIONS
Investors read and review the startup applications. Startups prepare their pitch, growth plan and investor material.

Stage 1 - INSIGHT & DEVELOPMENT
Investors and startups train together. Build trusted relationships and learn best practises on company building and startup investing. 
Tues Oct  2nd     1600-2000 -   Program introduction
Wed Oct 17th       1600-2000 -   Program kick off - Pitch day & networking evening
Tues Oct 18th      1600-2000  -   Know your customer & Investment p1
Tues Oct 18th      1600-2000 -    Bonus Workshop day and DNB NXT afternoon
Tues Oct 23rd      1600-2000 -   Metrics & Investment 2
Tues Oct 30th     1600-2000  -   Investor presentations
Tues Nov 6th      1600-2000  -   Selection day

Stage 3 - NEGOTIATIONS & GROWTH CHALLENGES
Investors and founders meet to perform due diligence and negotiate deal terms.
Tues Nov 13th      1600-2000 -   Building the deal
Tues Nov 20th      1600-2000 -   Agree on terms and plans for fundraising
Tues Nov 27th      1600-2000 -   Completing the deals, and kick off fundraising

Stage 4 - FUNDRAISING
When the terms are agreed, the fundraising is on. Investors sign with their favourite startup, and help them fill up their investment round. 
Tues Des 11th      1600-2000 -   Local Demo Day
Tues Jan 15th      1600-2000 -   National Demo Day in Oslo. For all national program participants. 

 

Earlier Event: October 1
AC Oslo - fall 2018
Later Event: October 3
AC Trondheim - fall 2018