Criteria check
Before we help you raise capital for your growth plans, we check whether your innovative concept meets our criteria:
- There is a prototype.
- The product, service or idea is innovative.
- The concept is technically, commercially and financially feasible.
- The company is established in the provinces of Groningen, Friesland or Drenthe.
Introductory meeting
During this meeting, we get to know you and your team and discuss the potential of your plans.
Output: go/no go.
Intake
The next step is to draft the preliminary investment proposal. This document assesses the team, the organisation, the product, the market and the financial aspects. Our team will then evaluate the intake and decide whether there is a match with Flinc.
Output: go/no go.
Formalising the documents
If we are convinced that your plans are feasible, we will draw up an agreement outlining the terms and conditions of the consultation process. You will be charged 250 euros for 32 hours of consultation.
Output: signed agreement.
Start of the project.
Once the agreement is signed, we will provide you with the tools for drawing up the business plan, the financials and the pitch deck. You will then go to work developing your plans, we will monitor your progress during a number of sparring sessions.
We also offer support to entrepreneurs with well advanced plans who require advice on how best to prepare for meetings with potential investors.
Output: investor-ready business plan and pitch deck.
Matching you with investors
Once you are investor ready, we match you with the right potential investor from our network and perform the introductions. We will be on hand to offer any support you need during the negotiation and contract phase.
Output: investment
Capital has been raised
Your success is our success. If you are able to execute your innovative plans and/or growth ambitions with the right type of investment, our job is done. However, you are welcome to contact us any time you need a sparring partner or are looking for a new capital injection.
The average duration of our consultation process is approximately 6 months.
** The first four steps of our process can be completed in a very short time frame.
Some disclaimers
We will help and support you where possible. A few words of caution though.
We offer support and will provide you with useful tools, however we will not write your business plan for you.
We can advise you about subsidies and how to apply for certain schemes, but we will not submit any applications for you.
We will gladly help you with the deal structure and offer support during the negotiation process, but you must negotiate on your own behalf. You may also request the assistance of an independent adviser.
We are more than happy to help you find the right advisor.