Why Seed Funding?
Seed Funding, is a form of securities offering in which an investor invests capital in exchange for an equity stake in the company.
Now, why would investors do that for a germing idea? What kind of confidence do they bank on? The stage is set with Pitching the Idea with careful consideration of the market, competitors, business investment and turnover.
Early stage investment allows a startup to develop a prototype product and generate sufficient investor interest for successive financing rounds. It also allows additional operational flexibility over the medium to long term.
What TechGroov Does
TechGroov’s working model is very strict on selection, focused on mentoring and moves to the next stage only when the team is ready to pitch their idea.
Stressing importance on investment round, the teams are made to prepare their MVP’s over a span of three months, along with their marketing pitch, business model and finance plan.
The outcome from the current batch of startups has been a fairly satisfying experience, with their ideas taking shape beautifully and the investment pitch is a unique model that is template-worthy.
In the coming months, TechGroov is rolling out applications for the upcoming batch and is calling out startups and entrepreneurs to enroll to see a great launch pad awaiting their brilliant ideas. Reach out to email@example.com and visit www.techgroov.com to know what the program stands for!
Collaborator: Shruti Balakrishnan