Ready to raise money
During the Northbound Startups project a structured investment readiness process is developed and introduced as part of the methodology to make companies investment ready. As a result an Investment Readiness Model will be implemented in startups within the accelerators. With the aid of the model those teams and businesses will grow investment and customer acquisition ready and will be prepared to face the syndicated investments. Eventually this model can be used cross-border for the investors.
Seven of the nineteen startups participating in the NBS Accelerators got IRP certified. Those are Ender Turing (EST), Devaten (FIN), Student Recruitment Pro (SWE), Glostars (FIN), Sauti Kitabu (FIN), Story Blanket (EST) and Lawato (EST)