{"id":4987,"date":"2023-08-08T16:01:41","date_gmt":"2023-08-08T14:01:41","guid":{"rendered":"https:\/\/reseaulieu.be\/2023\/08\/08\/fundraising\/"},"modified":"2024-05-10T17:27:24","modified_gmt":"2024-05-10T15:27:24","slug":"fundraising","status":"publish","type":"post","link":"https:\/\/reseaulieu.be\/en\/2023\/08\/08\/fundraising\/","title":{"rendered":"Fundraising"},"content":{"rendered":"

[et_pb_section fb_built=”1″ _builder_version=”4.21.0″ _module_preset=”default” custom_padding=”||22px|||” global_colors_info=”{}”][et_pb_row _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

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To turn research results into reality and apply them through spin-offs<\/span><\/h2>\n<\/blockquote>\n

[\/et_pb_text][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

A word to the wise: Seek advice every step of the way!<\/span><\/h3>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_button button_text=”Prerequisites” button_alignment=”center” _builder_version=”4.21.0″ _module_preset=”default” button_text_color=”#ffffff” button_bg_color=”#fdaf29″ button_border_color=”#fdaf29″ button_border_radius=”23px” button_use_icon=”off” global_colors_info=”{}”][\/et_pb_button][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” custom_margin=”||56px|||” global_colors_info=”{}”]<\/p>\n

A research result, however promising, does not necessarily have sufficient market potential
to justify setting up a company. In such cases, other methods of promoting the company may be considered.
It is therefore vital, before embarking on the creation of a spinoff, to validate the market potential and the viability<\/strong> of the business model envisaged.<\/strong> The credibility of the project, and therefore the interest of potential investors, depends on it. Your KTO will be able to help you with these steps and explain the framework within which the University envisages the creation of spin-offs.<\/p>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_button button_text=”What is it?” button_alignment=”center” _builder_version=”4.21.0″ _module_preset=”default” button_text_color=”#ffffff” button_bg_color=”#36bfc7″ button_border_color=”#36bfc7″ button_border_radius=”23px” button_use_icon=”off” global_colors_info=”{}”][\/et_pb_button][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” custom_margin=”20px||20px||true|false” global_colors_info=”{}”]<\/p>\n

To obtain funding from sources other than credit providers, a company can resort to fundraising<\/strong>. This involves bringing investors into a company’s capital. These investors contribute money to the company in return for a stake in its share capital.<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.19.4″ _module_preset=”default” custom_margin=”-78px|auto||auto||” custom_padding=”||0px|||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_button button_text=”Providing funding to match the company's needs” button_alignment=”center” _builder_version=”4.21.0″ _module_preset=”default” button_text_color=”#ffffff” button_bg_color=”#a1a8ac” button_border_color=”#a1a8ac” button_border_radius=”23px” button_use_icon=”off” custom_margin=”2px|||||” global_colors_info=”{}”][\/et_pb_button][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” custom_margin=”||33px|||” global_colors_info=”{}”]<\/p>\n

The most important aspect of raising funds is the assessment of the company’s financial worth.<\/p>\n

The founder, who has been involved in the project for months or even years, often fears being undermined if they open up their capital and give too large a stake to investors.<\/p>\n

An all-too-common mistake: overestimating the financial value of your project to avoid dilution*.<\/p>\n

>><\/span> A financial assessment that is too high risks driving away potential investors and hindering<\/strong>subsequent fundraising.<\/strong><\/p>\n

[\/et_pb_text][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

When fundraising, it is essential that the company receives
sufficient funds to meet its needs, even if this means
agreeing to sell a percentage of the capital.<\/span><\/h2>\n

[\/et_pb_text][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

* Dilution occurs in all capital increases, and therefore in most fund-raising operations. This phenomenon involves the company issuing <\/em>new shares to new shareholders, which means – for the founders of the company – a reduction in their percentage holding of the share capital.<\/em><\/p>\n

[\/et_pb_text][et_pb_button button_text=”Not one use but several!” button_alignment=”center” _builder_version=”4.21.0″ _module_preset=”default” button_text_color=”#ffffff” button_bg_color=”#a1a8ac” button_border_color=”#a1a8ac” button_border_radius=”23px” button_use_icon=”off” custom_margin=”60px|||||” global_colors_info=”{}”][\/et_pb_button][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” custom_margin=”||13px|||” global_colors_info=”{}”]<\/p>\n

If things go well, the company will need to raise additional funds to ensure its growth.
The funding market can be structured as follows:<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/reseaulieu.be\/wp-content\/uploads\/2023\/08\/fundraising_schema-1.jpg&#8221<\/a>; title_text=”fundraising_schema” _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” custom_margin=”||13px|||” global_colors_info=”{}”]<\/p>\n

The more accurate the initial financial assessment, the easier the subsequent negotiations will be.<\/strong>
Get help from an external expert!<\/p>\n

[\/et_pb_text][et_pb_button button_text=”The right balance” button_alignment=”center” _builder_version=”4.21.0″ _module_preset=”default” button_text_color=”#ffffff” button_bg_color=”#fdaf29″ button_border_color=”#fdaf29″ button_border_radius=”23px” button_use_icon=”off” custom_margin=”60px|||||” global_colors_info=”{}”][\/et_pb_button][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” custom_margin=”||13px|||” global_colors_info=”{}”]<\/p>\n

Fundraising is about striking the right balance between:<\/p>\n

>><\/strong><\/span> Capital and other sources of non-dilutive funding (loans of all types);
>><\/strong><\/span> Public and private investors.<\/p>\n

There is a strong temptation to favour non-dilutive sources of finance, but putting the company into too much debt at the start risks compromising the entire project.
It is therefore important to validate the business model and draw up a financial plan based on realistic scenarios, in order to assess the company’s needs as accurately as possible and adapt the funding arrangements accordingly.<\/p>\n

Here again, it’s a job in itself. Seek advice!<\/strong><\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.19.4″ _module_preset=”default” custom_padding=”0px|||||” global_colors_info=”{}”][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_button button_text=”A well-negotiated shareholders' agreement” button_alignment=”center” _builder_version=”4.21.0″ _module_preset=”default” button_text_color=”#ffffff” button_bg_color=”#36bfc7″ button_border_color=”#36bfc7″ button_border_radius=”23px” button_use_icon=”off” global_colors_info=”{}”][\/et_pb_button][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” custom_margin=”20px||20px||true|false” global_colors_info=”{}”]<\/p>\n

A shareholders’ agreement provides a structure for the relationship between a company’s co-shareholders. It governs the rights and obligations of each party and sets out the conditions under which shareholders may join or leave the company. It also makes it possible to settle any disagreements by providing shareholders with assurances regarding the terms and conditions of the fundraising under way. There are many specific clauses. Seek advice!<\/strong><\/p>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_cta title=”Contact” button_text=”Clicks” _builder_version=”4.21.0″ _module_preset=”default” header_text_align=”center” body_text_align=”center” button_alignment=”left” max_width=”78.3%” module_alignment=”center” min_height=”140.4px” custom_padding=”15px|25px|15px|25px|false|false” border_radii=”on|3vw|3vw|3vw|3vw” global_colors_info=”{}”]<\/p>\n

R\u00e9seau LiEU
contact@reseaulieu.be<\/a><\/span><\/span>
+32(0)81\/62.25.94<\/p>\n

[\/et_pb_cta][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_button button_url=”https:\/\/reseaulieu.be\/wp-content\/uploads\/2023\/08\/Memo_Levee-de-Fonds_LiEU.pdf&#8221<\/a>; url_new_window=”on” button_text=”Download the Fundraising memo” _builder_version=”4.21.0″ _module_preset=”default” custom_margin=”||-15px|||” custom_padding=”||6px|||” global_colors_info=”{}”][\/et_pb_button][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_button button_url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjM3NTkifX0=@” url_new_window=”on” button_text=”Download the entire Services for Researchers interactive memo” _builder_version=”4.22.1″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” _dynamic_attributes=”button_url” sticky_enabled=”0″][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

To obtain funding from sources other than credit providers, a company can resort to fundraising. This involves bringing investors into a company’s capital. Your KTO will be able to help you with these steps and explain the framework within which the University envisages the creation of spin-offs.<\/p>\n","protected":false},"author":197673556,"featured_media":4917,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[6583],"tags":[],"class_list":["post-4987","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-memo-pi-en"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/reseaulieu.be\/wp-content\/uploads\/2023\/08\/fundraising-1.jpg?fit=1484%2C513&ssl=1","jetpack_likes_enabled":false,"jetpack_sharing_enabled":false,"jetpack_shortlink":"https:\/\/wp.me\/pcBRTD-1ir","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/reseaulieu.be\/en\/wp-json\/wp\/v2\/posts\/4987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/reseaulieu.be\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reseaulieu.be\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reseaulieu.be\/en\/wp-json\/wp\/v2\/users\/197673556"}],"replies":[{"embeddable":true,"href":"https:\/\/reseaulieu.be\/en\/wp-json\/wp\/v2\/comments?post=4987"}],"version-history":[{"count":28,"href":"https:\/\/reseaulieu.be\/en\/wp-json\/wp\/v2\/posts\/4987\/revisions"}],"predecessor-version":[{"id":5492,"href":"https:\/\/reseaulieu.be\/en\/wp-json\/wp\/v2\/posts\/4987\/revisions\/5492"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/reseaulieu.be\/en\/wp-json\/wp\/v2\/media\/4917"}],"wp:attachment":[{"href":"https:\/\/reseaulieu.be\/en\/wp-json\/wp\/v2\/media?parent=4987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reseaulieu.be\/en\/wp-json\/wp\/v2\/categories?post=4987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reseaulieu.be\/en\/wp-json\/wp\/v2\/tags?post=4987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}