StartMoney FUnd - Financing for business ideas for entrepreneurs and companies
Innovation Center – High Technology Accelerator the University of Lodz Foundation runs a venture capital investment fund of 2 million Euro. We invest in business ideas, as well as seed and start-up companies.
We can invest up to 200 thousand Euro in one project, but if the project requires higher amount of capital, we can arrange additional funds of approximately 2 million Euro. Such investments are carried out in cooperation with our associate venture funds or business angels.
StartMoney seed investment is meant to validate the proposed business idea and assess the innovation within the project, resulting in development of a prototype, or completion of a product or service and bringing them to the market, as well as acquiring suitable business partners and verifying a business model. During further phases of implementing the innovation and business development, capital is used to upscale the business, enter new markets, and develop products and services.
Our Foundation has many years of experience in assessment of business ideas, and in development of innovation-based entrepreneurial projects. We have been running the University of Lodz Business Incubator since 2004. We also deliver business consulting services, expertise and training for entrepreneurs. To evaluate innovation and market potential, our Foundation experts apply evaluation methods used by University of Texas and NASA. We have a network of experts from various areas of business and science, including our contacts in United States.
Thanks to high quality of our work, and vast experience, we are able to professionally analyze and develop business ideas that have been submitted to our fund, and to help the entrepreneurs in implementation of their projects. We also help access international markets, including USA.
You can learn more abour our Foundation from our webpage.
Our address: Innovation Center – High Technology Accelerator, the University of Lodz Foundation, 3 Piramowicza Street, 90-254 Lodz, Poland.
Investment Fund StartMoney has been opened in 2011, within the project „Akcelerator Technologii Uniwersytetu Łódzkiego Venture – ATUŁ Venture”, and is co-financed from UE funds of Innovative Economy Operational Program, Measure 3.1 – Initiating innovative activities.