Accessing funding and investment readiness

Why do startups rarely seek funding from banks in their early stages?

Startups often lack a solid financial history or sufficient guarantees

Banks prefer to invest in innovative tech projects

Startups already have access to public grants and don’t need loans

What is a grant in the context of public funding?

A long-term investment with variable interest

Non-repayable funds for specific projects, usually with reporting requirements

A capital share given in exchange for equity

What is one key sign of being “investment-ready” according to the module?

A clear vision, realistic plan, and a reliable team

An original idea, even without a clear plan

A large user base but no revenue model

What is the main purpose of a pitch when applying for funding?

To present the entire business plan word for word

To clearly show why the startup is unique and worth investing in

To tell the full biography of the founders

What is one of the three golden rules of startup financial planning?

Be realistic, transparent, and maintain a lean approach

Focus only on fixed costs to reduce uncertainty

Include large error margins for every cost