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Financing and Growth Strategies for Start-ups

Nicosia, 16 December 2019

 

On behalf of the Research Foundation of Cyprus and the Cyprus Chamber of Commerce and Industry, Navigator is holding a 1-day training on financing and growth strategies for start-ups in Cyprus.

The objective of the training is to understand common industry practice for (a) attracting external financing of start-ups and (b) modelling and preparing for growth. These two issues are closely related, as investors want to understand how a start-up will evolve and what chances of success exist for a return on investment.

The training curriculum includes the following subjects:

1. Financing Options and Methods for Start-ups and Scale-ups

  • Understanding the growth cycle: pre-launch; pre-revenue; growth
  • Review of different investor types: FFF; angels; VC; PE; banks; EU funding; IPOs
  • Investment criteria and expectations by investor type

2. Business Modelling and Financial Planning

  • Developing a dynamic financial and operating model
  • Assumptions; Workings; Profit/Loss; Capital Expenditure; Valuation Models
  • Sales and revenue modelling; sales funnel optimization; non-revenue growth
  • Expenditure modelling
  • Capital expenditure and use of funds by start-ups
  • Profit/loss model
  • Key financial indicators, including NPV, IRR, start-up valuation
  • Key operating indicators, including cash burn rate, runway, customer acquisition costs, active users, churn, etc.

3. Pitching and Term Sheets

  • Know what to ask for: Use of funds; Fund release and disbursement mechanisms
  • Preparing for and implementing investor due diligence
  • Structuring a term sheet: common investors requests and terms
  • Pre- and post-money valuation
  • Dealing with equity dilution in the first and subsequent funding rounds
  • Structuring a board of directors and start-up governance post-investment

4. Achieving Product Market Fit

  • Development and launch cycles
  • Customer feedback: UX / UI / CEM
  • Service delivery and fulfilment issues
  • Achieving customer share, customer engagement, segment/market share
  • Pricing models and methods

5. Scaling up and Growth

  • Selling methods and contracting, focusing on B2B and B2C
  • Growth hacking and online growth methods
  • Users and user management
  • Revenue and conversion models
  • Sales funnel optimisation
  • Marketing, Selling & Public Relations
  • Scaling up: Engineering, Orga, Customer Service, Contracting, Staffing

The training session is open only to innovative start-ups that have already been screened by the Research Foundation.

For further information, please contact us.

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