”IRP really accelerated our learning about the investment process and gave support in tailoring our own pitch, all the way from goals and milestones to financial design. The experienced instructor guided the process effectively through theory, practice and workshop discussions that challenged and improved our plan. After completing the IRP we are definitely more aligned within the company and better equipped to pitch our business to both investors and other potential partners.”
Arevo offers leading-edge liquid and granular amino acid plant nutrition technologies for faster and better root establishment. Arevo did their IRP as part of the EIC Booster program financed by Vinnova.
The Investment Readiness Process is the most widely spread standardised, preparation process for raising external venture capital in the Nordics. More than 200 startups and scaleups from Sweden, Finland, Norway and Iceland have been IRP Certified and the IRP is used and approved by almost all incubators and accelerators in the Nordics. The IRP is a copyright-protected method that has been developed by Beels Consulting AB based on theories and practice in combination with systematised and in-depth reflection regarding external funding processes and exit negotiations. The aim is to provide knowledge and methodology to founders intending to finance their company’s development through equity, loans or grants from external, financial investors.