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.
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.
Mon Oct 1st - Program introduction - «Selecting a winner»
Mon Oct 8th - Program kick off - Pitch Day
Mon Oct 15th - Know your customer & Investment 1
Mon Oct 22nd - Metrics & Investment 2
Mon Oct 29th - Investor presentation
Mon Nov 5th - Selection day
Stage 2 - NEGOTIATIONS & GROWTH CHALLENGES
Investors and founders meet to perform due diligence and negotiate deal terms.
Mon Nov 12th - Building the deal
Mon Nov 19th - Agree on terms and plans for fundraising
Mon Nov 26th - Completing the deals, and kick off fundraising
Stage 3 - FUNDRAISING
When the terms are agreed, the fundraising is on. Help your favourite startup fill up their investment round.
Mon Des 10th - Local Demo Day
Tue Jan 15th - National Demo Day in Oslo. For all national program participants.