Saturday, June 2, 2012

SeedForum Kiev 2011 - Sidforum Kiev 2011 hot on the trail...


And so 29. 11. 11 held in Kiev in 2011 Sidforum.
I'll talk about what our eyes a startup is far from the nuances of policy and not affiliated with any organizations - m. e. plain what the team needs money to implement ideas.
The forum itself takes place in several stages. At first, gaining an application and review of applicants. Select a decent pitching projects and invite them to the pitch- Training, which prepare them to speak to investors.

In Kiev, he was held November 4, 2011. We selected 12 startups to pitch the courses of which five were then selected for presentation of projects to investors.

Training conducted in person, he Steinar Hoel Korsmo chief executive and president of Seed Forum International. Objectives of the training were:.



  1. enter in the course of the process of obtaining venture capital investment.


  2. 30 and second pitch.


  3. 7mi minute pitch - presentation.



It must be said that a great coach Steinar. If at the beginning of training in one minute about themselves clearly could not say - at the end of all the well- invested in 30 seconds.


Also assorted 7mi minute presentations were given recommendations for improving.




Then all were released, and 5i selected startups received an invitation to the forum itself at 29. 11. 11.
They were:.



  • MyTeamVoice. - The service of group communication in games.


  • BuntarGames. - Mobile game.


  • Childlight - kinnect for the treatment of children.


  • KINT - sort of a training system.


  • Endorphin - a site for speed deytitga.



( other sites are not found ).







The day before, all gathered - listened to the revised presentation, again, given all the advice and released the next day to prepare for. It should be noted one drawback - the training was in English, as well as presentations and reports. But this evening, all told what to do in Russian. and all had to revise and retrain for the night. And all because we have a poorly educated country, and 70 % of investors do not understand English.



The forum itself was held in the Chamber of Commerce in Ukraine.
After an hour of speeches of the forum organizers, partners, etc. formal part in which everyone was talking about the goals, perspectives, etc. (. everything in the room almost fell asleep - except for start-ups that had experienced before the performance. ).

Then a short coffee break.

And startups one by one began to reports in the format of 7 min 3 min presentation of the issues.










Training must say was very helpful - all well- invested in the format and were head and shoulders above anyone that came the first time in Training.




In fact, all projects are different and from different areas of the market.
from the gaming industry to fish oil.

Investment is also needed different amounts - from 50K to 2M.

He played a couple of foreign start-ups - Norwegian fish oil and Bangladesh blogoset - sotsialka.

In general, the audience showed little interest in the proceedings, and to be honest I end up never knew who it was.

Everyone asked the question on the 2.1 was the end of.

The next checkpoint - Buffet / Networking.

Again, everything was still very quiet.

If you ate readily - that communicated not.

Actually what investors like to invest the money was found.

In the evening everyone was invited to a reception at the residence of the King of Norway in Ukraine, where all received the Ambassador.

Already there was a full- Networking. But here's what investors did stnova would like to invest in startups - not detected. All there is probably already familiar - wonderful talk and darted between startups.

The problem for start-ups in a Networking vividly described in paragraph 4 and 5. 10 Things Entrepreneurs Don't Learn in College. author James Altucher.

To summarize - the event is not a standard format for. It was very useful to get Training presentations. but that would have investors prepared;).

I wonder - was there at least one project for a specific proposal, or it was just before. viewing, as well as on. IDCEE. where to look even more come to talk than to do something specific - namely, investment.

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