”The difference before and after the Investment Readiness Process is like the difference between day and night. Without going through the process I think we still would be wondering what kind of investors we would like to even consider contacting and aslo what strategy would be best to please them.
Co-founder and Senior researcher at Karolinska Institutet
NorthernLight Diagnostics AB is a Swedish deep tech startup that did their Investment Readiness Process by Beels® as part of the e-Health Arena program by Kalmar Science Park.
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.