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/
Crowdfunding is a method of raising money online from many donors or investors. There are over 450 crowdfunding platforms across four main types: reward-based, donation-based, equity-based, and lending-based. Crowdfunding offers benefits like early feedback and marketing, but also risks like damaged reputation if goals are not met.
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.
FINANCIAL PLAN AND RESOURCE GENERATION GROUP 5.pptxArtLemuelLoterea
Family and friends are potential sources of startup capital that provide some advantages over other options. While they have faith in your talents and success, acquiring funds from them may strain personal relationships if the business fails and cause family conflicts. Other options like crowdfunding or competitions provide exposure, validation of ideas, and experience running campaigns that can help future fundraising efforts. Overall, the best approach is to consider your funding needs, risks, and time commitments to select sources that fit your business goals and stage of development.
This document provides information on how to succeed in a crowdfunding campaign. It discusses the different types of crowdfunding (peer-to-peer, equity, and donations), and highlights important platforms like Kickstarter, Indiegogo, RocketHub, Fundable, and Crowdfunder. Key tips include researching the best platform for your project, setting achievable goals, generating buzz to share your campaign, and looking at examples of past successful campaigns for guidance. Tax incentives like SEIS and EIS are also summarized.
This document explains different types of crowdfunding for small and medium enterprises. There are three main types: peer-to-peer lending, where money is lent with interest; equity crowdfunding, where investors receive shares of a business; and rewards-based crowdfunding, where donors receive non-financial rewards. The process involves researching platforms, submitting an application, creating a compelling pitch, motivating supporters during fundraising, and post-campaign activities. Crowdfunding offers advantages over traditional funding such as validating demand and accessing expertise from a large audience.
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/
Crowdfunding is a method of raising money online from many donors or investors. There are over 450 crowdfunding platforms across four main types: reward-based, donation-based, equity-based, and lending-based. Crowdfunding offers benefits like early feedback and marketing, but also risks like damaged reputation if goals are not met.
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.
FINANCIAL PLAN AND RESOURCE GENERATION GROUP 5.pptxArtLemuelLoterea
Family and friends are potential sources of startup capital that provide some advantages over other options. While they have faith in your talents and success, acquiring funds from them may strain personal relationships if the business fails and cause family conflicts. Other options like crowdfunding or competitions provide exposure, validation of ideas, and experience running campaigns that can help future fundraising efforts. Overall, the best approach is to consider your funding needs, risks, and time commitments to select sources that fit your business goals and stage of development.
This document provides information on how to succeed in a crowdfunding campaign. It discusses the different types of crowdfunding (peer-to-peer, equity, and donations), and highlights important platforms like Kickstarter, Indiegogo, RocketHub, Fundable, and Crowdfunder. Key tips include researching the best platform for your project, setting achievable goals, generating buzz to share your campaign, and looking at examples of past successful campaigns for guidance. Tax incentives like SEIS and EIS are also summarized.
This document explains different types of crowdfunding for small and medium enterprises. There are three main types: peer-to-peer lending, where money is lent with interest; equity crowdfunding, where investors receive shares of a business; and rewards-based crowdfunding, where donors receive non-financial rewards. The process involves researching platforms, submitting an application, creating a compelling pitch, motivating supporters during fundraising, and post-campaign activities. Crowdfunding offers advantages over traditional funding such as validating demand and accessing expertise from a large audience.
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 document provides an overview of crowdfunding, including its definition, how it works, types of crowdfunding, and key factors for success. It defines crowdfunding as raising funds from many people online, usually in small amounts. There are five main types: donation, reward, equity, debt, and royalty crowdfunding. Reward crowdfunding, where backers receive a non-financial reward, is one of the most popular models. The document also discusses the crowdfunding industry's growth, strengths like retaining equity and accessibility, weaknesses like potential for fraud, and opportunities like leveraging tech trends. It concludes that legal restrictions and high failure rates of small businesses pose threats but that
Crowdfunding has become an increasingly popular way for entrepreneurs to raise capital for new business ventures by connecting with small investors through online platforms. It allows entrepreneurs to test ideas, gain publicity, and raise funds from a wide pool of supporters without giving up equity in their company. There are different types of crowdfunding models including rewards-based, equity-based, and donation-based crowdfunding. The future of crowdfunding looks promising with continued innovation including new models using blockchain technology and integration of artificial intelligence into platforms.
4.5 The cost and process of raising capital.pptxMVAMSHIMVAMSHI
This document discusses 10 funding options for startups to raise capital:
1) Bootstrapping through self-funding or using personal savings is an effective initial option but has limitations.
2) Crowdfunding allows funding from many individuals and can generate interest and pre-orders but is competitive.
3) Angel investors provide individual funding and advice but invest smaller amounts than venture capitalists.
4) Venture capital provides larger funds for growing companies but demands short-term returns and control.
5) Business incubators and accelerators provide funding, training, and networks for early-stage companies over several months.
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
Seed money is an early form of financing provided to startup companies, usually in exchange for equity. It can be used by founders to cover initial operations like market research and product development. Sources of seed money include personal savings, friends and family, angel investors, and government programs. Seed funding tends to be smaller amounts in the tens to hundreds of thousands of dollars range, compared to larger venture capital investments in the hundreds of thousands to millions range. It carries a higher risk since there are no existing projects to evaluate, and the decision to fund is based more on the founders' skills and vision for the idea.
Startups Investment: From Angel Investors to Venture CapitalsKeziyaRajan
Global startup funding reached $221 billion in 2023. This presentation explores the various sources of startup funding including angel investors, venture capital firms, and crowdfunding. Angel investors provide early-stage funding and mentorship. Venture capital firms invest in startups with high growth potential and provide strategic support. Crowdfunding allows startups to raise capital from many individuals but challenges include managing backers. The future outlook remains positive with trends in sustainability, remote work and health attracting investment.
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.
This document summarizes the findings of a study on equity crowdfunding conducted by Bloomio in conjunction with IMD MBA students. The study included interviews with over 40 stakeholders in the venture capital industry as well as a survey of 741 retail investors. The key findings were:
1) Awareness of equity crowdfunding platforms is low, representing a barrier for retail investors.
2) The minimum investment amounts required for traditional venture capital are perceived as too high for many individual investors.
3) Investors with direct experience investing in startups have a higher tolerance for risk than those without experience.
4) Fear of scams is the top concern for both experienced and inexperienced investors when
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.
The Role of Crowdfunding in Promoting Entrepreneurship_Paulo Silva Pereira_vF...Paulo Silva Pereira
Crowdfunding allows entrepreneurs to validate their business model early on with small-scale operations and frequent adjustments. This aligns with concepts like lean startup that encourage failing quickly and cheaply through iterations. Crowdfunding also gives entrepreneurs an opportunity to signal their commitment to potential later investors. It opens up new opportunities in industries like music by allowing fans to play a role in determining what gets created and supported financially, in addition to just consuming the final product. This shifts power dynamics away from large record labels controlling both funding and distribution.
Crowdfunding involves soliciting financial contributions from a large number of individuals for a business venture or project. It began in 2006 and has grown due to factors like the JOBS Act of 2012 and the role of technology and social media. There are different models of crowdfunding including donation-based, rewards-based, lending-based, and equity-based. An entrepreneur seeking crowdfunding must understand key aspects like developing a crowdfunding campaign and disclosure document that outlines the business plan, financial details, intended use of funds, and projections. Crowdfunding has grown globally and various industries have been successfully funded, though success requires significant effort and there are some financial risks.
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.
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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 document provides an overview of crowdfunding, including its definition, how it works, types of crowdfunding, and key factors for success. It defines crowdfunding as raising funds from many people online, usually in small amounts. There are five main types: donation, reward, equity, debt, and royalty crowdfunding. Reward crowdfunding, where backers receive a non-financial reward, is one of the most popular models. The document also discusses the crowdfunding industry's growth, strengths like retaining equity and accessibility, weaknesses like potential for fraud, and opportunities like leveraging tech trends. It concludes that legal restrictions and high failure rates of small businesses pose threats but that
Crowdfunding has become an increasingly popular way for entrepreneurs to raise capital for new business ventures by connecting with small investors through online platforms. It allows entrepreneurs to test ideas, gain publicity, and raise funds from a wide pool of supporters without giving up equity in their company. There are different types of crowdfunding models including rewards-based, equity-based, and donation-based crowdfunding. The future of crowdfunding looks promising with continued innovation including new models using blockchain technology and integration of artificial intelligence into platforms.
4.5 The cost and process of raising capital.pptxMVAMSHIMVAMSHI
This document discusses 10 funding options for startups to raise capital:
1) Bootstrapping through self-funding or using personal savings is an effective initial option but has limitations.
2) Crowdfunding allows funding from many individuals and can generate interest and pre-orders but is competitive.
3) Angel investors provide individual funding and advice but invest smaller amounts than venture capitalists.
4) Venture capital provides larger funds for growing companies but demands short-term returns and control.
5) Business incubators and accelerators provide funding, training, and networks for early-stage companies over several months.
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
Seed money is an early form of financing provided to startup companies, usually in exchange for equity. It can be used by founders to cover initial operations like market research and product development. Sources of seed money include personal savings, friends and family, angel investors, and government programs. Seed funding tends to be smaller amounts in the tens to hundreds of thousands of dollars range, compared to larger venture capital investments in the hundreds of thousands to millions range. It carries a higher risk since there are no existing projects to evaluate, and the decision to fund is based more on the founders' skills and vision for the idea.
Startups Investment: From Angel Investors to Venture CapitalsKeziyaRajan
Global startup funding reached $221 billion in 2023. This presentation explores the various sources of startup funding including angel investors, venture capital firms, and crowdfunding. Angel investors provide early-stage funding and mentorship. Venture capital firms invest in startups with high growth potential and provide strategic support. Crowdfunding allows startups to raise capital from many individuals but challenges include managing backers. The future outlook remains positive with trends in sustainability, remote work and health attracting investment.
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.
This document summarizes the findings of a study on equity crowdfunding conducted by Bloomio in conjunction with IMD MBA students. The study included interviews with over 40 stakeholders in the venture capital industry as well as a survey of 741 retail investors. The key findings were:
1) Awareness of equity crowdfunding platforms is low, representing a barrier for retail investors.
2) The minimum investment amounts required for traditional venture capital are perceived as too high for many individual investors.
3) Investors with direct experience investing in startups have a higher tolerance for risk than those without experience.
4) Fear of scams is the top concern for both experienced and inexperienced investors when
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.
The Role of Crowdfunding in Promoting Entrepreneurship_Paulo Silva Pereira_vF...Paulo Silva Pereira
Crowdfunding allows entrepreneurs to validate their business model early on with small-scale operations and frequent adjustments. This aligns with concepts like lean startup that encourage failing quickly and cheaply through iterations. Crowdfunding also gives entrepreneurs an opportunity to signal their commitment to potential later investors. It opens up new opportunities in industries like music by allowing fans to play a role in determining what gets created and supported financially, in addition to just consuming the final product. This shifts power dynamics away from large record labels controlling both funding and distribution.
Crowdfunding involves soliciting financial contributions from a large number of individuals for a business venture or project. It began in 2006 and has grown due to factors like the JOBS Act of 2012 and the role of technology and social media. There are different models of crowdfunding including donation-based, rewards-based, lending-based, and equity-based. An entrepreneur seeking crowdfunding must understand key aspects like developing a crowdfunding campaign and disclosure document that outlines the business plan, financial details, intended use of funds, and projections. Crowdfunding has grown globally and various industries have been successfully funded, though success requires significant effort and there are some financial risks.
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.
Pavlos Christoforou is the CEO of MUFG ISFT based in Cyprus. He has over 20 years of experience in designing, implementing, and deploying large-scale cloud-based financial applications. Previously, he was the CEO and founder of Point Nine Limited, a financial technology company in Cyprus, which was acquired by MUFG. He holds an MSc in Physics from Stony Brook University and a BSc in Physics from Imperial College London.
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.
This document provides an introduction to negotiation skills. It discusses the negotiating process, which includes preparing, probing, and proposing. It outlines the 3Ps of negotiation - prepare, probe, propose. When preparing, it is important to clarify objectives, understand the other side's position, and develop your own position. Probing involves asking questions to understand the other party and actively listening. Proposing involves bargaining and making offers within your negotiable range. Effective negotiation relies more on having the right attitude than techniques. The attitude should be positive, believe the other party is negotiating in good faith, and be convinced in your own position.
The document summarizes the core business, vision, activities, and certifications of Blue Island Plc, a fish farming and trading company in Cyprus. It discusses the company's production facilities, sales channels, and certifications. It also outlines challenges in obtaining approval from the municipality due to wastewater not meeting standards. Proposed protective measures are presented to address high conductivity, organic matter, and suspended solids in wastewater through techniques like dilution, RO water purification, and separating solids. Potential obstacles to the proposals are space limitations and cost.
Infocredit Group is a leading provider of risk management and compliance services established in 1972. It has strategic partnerships with large data and analytics companies. Infocredit seeks to create an improved credit rating model for Cypriot companies using its database and help from the University of Cyprus, as current models face challenges due to delays in companies submitting financial statements. The goal is to better assess transactional behavior and credit risk of prospective business associates in Cyprus.
OCL Oceanic Catering Ltd provides marine catering and provisions management services to vessels around the world, operating in 14 countries with over 20 years of experience; they are exploring solutions to improve the accuracy and timeliness of monthly stock inventory reporting from vessels to better monitor performance and control costs, given challenges of workload for chief cooks and potential agendas of vessel captains. Ideas discussed include using RFID, image recognition, dispensing machines, or barcode scanning but each option has limitations around cost, feasibility on vessels, or reliance on technology.
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This document discusses scaling up an enterprise through growth, finance, and governance. It notes that once a prototype is launched, key priorities are achieving product/market fit, growing human resources and decision-making capacity, and securing finance. The presentation provides a roadmap for scaling up, including practical tools and methods for different aspects of scaling, and outlines common pitfalls. It also introduces the speaker, Philip Ammerman, and his background working with startups, private equity, and innovative firms.
Más de Center for Entrepreneurship (C4E), University of Cyprus (20)
Explore the key differences between silicone sponge rubber and foam rubber in this comprehensive presentation. Learn about their unique properties, manufacturing processes, and applications across various industries. Discover how each material performs in terms of temperature resistance, chemical resistance, and cost-effectiveness. Gain insights from real-world case studies and make informed decisions for your projects.
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.