Sustainable Energy Start Up Network (SESUN)Sustainable Energy Start Up Network (SESUN) launched a series of training sessions for Start-ups in collaboration with Private Financing Advisory Network (PFAN). This series consists of 4 sessions, each bringing the Start-up a step closer to their fundraising goal and be ready to do what they know best i.e to run their business. The goal is to enable Start-up from evaluating their own business plan, preparing necessary documents, to choosing the right investor and learning how to structure their own investment proposal, this series will equip start-ups with the necessary components to approach investors in a structured format.
In this session, start-up will learn about the importance of developing a good and credible financial modelling. A financial model would include statements like Profit/Loss, Balance Sheet, Cashflows, and also includes metrics like IRR, DSCR, etc. Financial modelling is the language of investors and having a good FM not only gets the attention of the investors, it also indicates a level of financial shrewdness from the project developer.
Start-Up company must meet all of the following criteria to register for this programme.
• be less than 5 years old
• have a valid website
• be privately held with less than $1-3 Million in annual revenue
• have a product or solution that is validated through client's sales or beta testing
• have the means to deliver their product or solution to market