THE NEXT SOCIETY – Entrepreneurs and business angels gathered in Barcelona for the 1st Investment Academy

9/10/2019
Country: Euromed
Activity: Education, culture, media

As the lack of access to finance remains the main obstacle for innovative companies in the MENA region, THE NEXT SOCIETY introduced the 1st Investment Academy, a special 16-hour coaching event on “Preparing for due Diligence”. Organised on October 3rd-4th 2019 in Barcelona by EBAN - European Business Angel Network, ANIMA Investment Network and BANC – Business Angel Network of Catalonia, the event took place on the premises of Foment del Treball in central Barcelona.


A follow-up to the Innovators Academy

This coaching session was designed as a follow-up to the Innovators Academy held in Tunis in April 2019. This first event was designed to get the entrepreneurs of the second THE NEXT SOCIETY promotion up to speed with the fundamentals of business plan and pitching, helping them improve their intellectual property strategy in the presence of investors, business angels and financing experts. The Investment Academy was conceived as the next step for the participants, helping them improve market penetration, their sales strategy, financial business plan and pitching skills, with the goal of convincing an investor to sign a deal during a Power Meeting.

 

Extra support with BSOs

Given the central role that Business Support Organisations play in an entrepreneur’s journey, at least one BSO per country was invited to accompany entrepreneurs both to work on investment readiness and to share the way networks of business angels are structured in their respective countries. During the event, the BSOs attended the same session as the start-ups, both contributing to the discussion and learning more about the challenges and the solutions to issues encountered by the entrepreneurs they support.

 

Experienced coaches and privileged visits of the local structures

Over the two-day coaching event, the participants attended workshops by experienced Business Angels and financial managers such as Albert Colomer and Alex d’Espona of BANC. Moreover, they were able to attend presentations on various local and regional structures in Catalonia and Spain, aimed at both local and international entrepreneurs. Follow-up meetings and visits were set up during the event, which showed the value of coming together to talk about different issues involved in entrepreneurship and finding partners and solutions in an international atmosphere.

 

This coaching session has been the occasion to further discuss access to finance strategies at national and regional levels and exchange good practices and expertise between the participants.

 

Download the entrepreneurs and business angels booklet of the event

Tel. +33 4 96 11 67 60  
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