How to Present a Project - VentureClub s.z.

How to Present a PROJECT

How to prepare a presentation so that we can reach an agreement?

Below are some tips and recommendations for D-Day, FAQs and Venture Club rules for investors and entrepreneurs presenting their projects.

Basic information about the project What basic information should the project meet?

Apply for project funding Let us know about your project

A few tips and recommendations for: How to epresent a project

We assume that your project has caught our attention, you’ve been pre-selected by Venture Club, your project has been presented in the portal and it’s your D-Day, where you present everything in person to investors. There’s an hour for the presentation and if everything goes well, there’s a good chance the parties will come to an agreement. For a successful course of action we recommend:

Prepare an introductory presentation for about 10-15 minutes

name, surname
product name
what the product can do (briefly), its advantages (benefits), how it is unique
how much money you require as an investment
what stake in your company or project you are offering
(Mention technical or other details at your discretion, investors will know the basis in advance from the portal)

Think about the answers to the following questions about your project

What is your project about?
What is the company structure, are you the sole owner of the idea, do you have a business partner?
Strengths and weaknesses of the project?
What is the market situation, are there comparable products?
What are your costs and benefits of the project or what costs and benefits do you estimate?
When and how do you intend to provide investors with a profit and return on their investment in your project?
Prepare Basic information about the project

Basic information about the project

Information documents

If a D-Day entrepreneur wants to raise money from investors, he or she must come well prepared. The information you can find here can help him significantly. Je vhodné předem poskytnout hlavní informace pro publikaci v portálu VCZS. Apart from a brief description or presentation, especially "Financial Indicators" and "Business Plan" - the actual D-Day meeting can then be more specific.

CzechInvest materials

Expert advisor

If you need a person (an advisor) who is more familiar with a part of your project than you are (for example, an accountant or a close associate or partner), take him or her with you - you will be able to appear before the investors together and both answer their questions.

Be clear and illustrative

Bring a prototype or prepare photos of your product, sketches, designs, demos - investors will find it easier to make decisions based on the information you give them - and the more illustrative you are, the better for you.

Idea protection

If you think your idea is so unique that your idea could be stolen, patent or register it as soon as possible.

But the sooner you have your idea legally protected, the better - it often plays a role in investors' decisions.

Role of Venture Club z.s.

Keep in mind that the Venture Club is only an intermediary between you and the investors and is not involved in any way in further negotiations. This is the real deal and the money provided is the investors' money. It is therefore their sovereign right to invest the money as they see fit.

Frequently Asked Questions

What is the deadline for submitting applications?

We are continuously preparing D-Days, we are always looking for interesting projects for our investors. Allow time to discuss your participation and ideally a month in advance for publication in the portal before the actual D-Day. D-Day is always held at the end of the month unless otherwise specified.

In case I have more really interesting ideas from different fields, can I apply several times?

Yes, you can submit more than one project and we will choose the one we find most interesting. There are never enough interesting projects, in exceptional cases it is even possible to participate more than once with different projects during one presentation.

If I have a great idea for a new product that meets all the aspects for a successful business, what assurance do I have that the information in the form will not be misused? Can I go into detail in the form, or should I rather just zoom in and round it out?

Without a good knowledge of your project, we can't analyze it and guarantee that you will get to pre-selection and, after publication in the portal, in front of investors. Only a very small circle of carefully selected and contracted evaluators will come into contact with the information you provide. We treat all the data you provide to us in accordance with the provisions of Sections 11, 12 and 21 of Act No. 101/2000 Coll., on the protection of personal data. There is no need to be concerned. Likewise, all participants having access to the portal and participating in D-Days have signed NDAs with the club and are thus bound by confidentiality.

What will be the time lag between the first meeting and the D-Day presentation?

It usually takes 1-2 weeks from the first contact to the presentation of the project in the VCZS portal. It is advisable to publish the presentation one month before the actual D-Day. This gives you 1-2 months to prepare detailed documents and we can help you with this for a fee. If, based on the presentation of your project to the investor, an agreement is reached between you and the investor, there is no further time limit for further development. The speed of negotiations is no longer a matter for VCZS - however, contractually all negotiations arising from the presentation at VCZS are covered and subject to the brokerage agreement for two years from D-Day, even if they were not the subject of negotiations at the actual D-Day.

What projects are you looking for? Do I need to have a working company or just an idea?

We are looking for projects at all stages, yet projects that have already proven their viability in practice will be welcomed not only by us - but also by our investors.

Rules

Presentation

At the beginning of his presentation, the entrepreneur will state his name, what project he will present, the amount of money he requires (the range is not limited, however, from CZK 200,000 to CZK 3 million is recommended) and the percentage of his company that he offers to investors for this money or the terms of investment in other cases. The entrepreneur has 10-15 minutes for this presentation, during which the investors are not to interrupt him, after which time the investors can start talking. Two entrepreneurs can present (in exceptional cases more).

Questions and Answers

Entrepreneurs don't have to answer all the questions investors ask, but anything they do and say can affect the outcome of investor presentations and decisions. At the same time, entrepreneurs themselves can ask anything that will help them decide whether an investor is the right partner for them to close a deal.

It is important to note that anything said during the presentation remains an internal matter and the parties are covered by a signed NDA. Maximum openness is welcome and a good precondition for future business relationships.

Time

The time available to entrepreneurs is not limited - yet we are expected to fit in one hour total for the presentation and Q&A. Investors can ask questions until everyone has made it clear that they are not interested in participating in the project or until a deal is closed between the entrepreneur and one or more investors. Once all investors have said they are not interested in participating, the presentation ends, the entrepreneur must say goodbye and leave the room.

The investors' decision is immutable. Once an investor says he is not interested in an investment, he cannot change his decision and re-engage in negotiations. Exceptions may be made if the situation changes significantly or if important information has not yet been made public. Unless there is a serious reason for not doing so, the investor should also remain silent for the remainder of the presentation so that a debate can take place between the presenters and the investors still in the game.

Funding

The entrepreneur can receive from investors the amount he announced at the beginning of his presentation or any other amount. If he doesn't get it, his presentation is considered a failure and the entrepreneur leaves empty-handed - penniless. However, should an agreement be reached later outside of D-Day - the parties are bound by the mediation agreement. However, the parties are to contact each other through the VCZS - in order to prevent unsolicited contacts from either side.

If the investor offers only part of the amount requested to the entrepreneur, the entrepreneur has the right to receive the rest of the amount from other investors.

Investors and presenters can negotiate the amount, they can demand a higher share than the entrepreneur offers. If this happens, the entrepreneur has the right to increase the amount requested if he deems it unavoidable - knowing that this may affect further negotiations.

Co-investment

Each investor invests and acts for himself. Investors invest their money and it is therefore their prerogative to decide where they invest and how much. It is up to the entrepreneur to convince them.

As already mentioned, the entrepreneur has the possibility to arrive at the final required amount by raising it in instalments from several investors. Thus, one or several investors may participate in the investment, with each of them negotiating the amount of the share.

Rejection

An entrepreneur may refuse an investment from an investor that he or she is not convinced is a suitable partner for a deal and further cooperation.

Business

The contract concluded between the investor and the entrepreneur is an unwritten agreement based on the free will of both parties and their interest to cooperate on the project.

However, it may happen that in the subsequent process of concluding the contract and negotiating the specific form of cooperation, there is no agreement between the parties. In such a case, where no agreement can be reached, neither party has the right to demand the conclusion of a contract.

The Venture Club remains at all times an independent agent of the first contact between the investor and the presenter and cannot in any way be part of the concluded contract and guarantee the subsequent deal. After the presentation, the investor and the successful entrepreneur will have a follow-up meeting at the club to exchange the necessary contacts. Everything else is a matter of communication between the investor and the entrepreneur, VCZS only reserves the right to monitor, with a time lag, the development of the projects in which the investors have invested, as well as those that have not raised the necessary amount.

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