The first question is usually do you need financing?
Well, if you need to borrow money to finance something, then you need to consider seeking out a loan company.
Funding is a matter of proving that your project is better than other people’s alternatives. Those who have money, either in the form of their own wealth or in the management of other capital, have alternative investment projects at all times. This means that you are competing for the best financing.
Your most important job as a demand for capital is therefore to ensure that your project appears attractive, profitable, credible, workable, positive, future-oriented, competitive, tidy, solid, etc.
How much do you need?
In order to obtain financing, it is important that you have an overview of how much capital you have and what the money will be used for. This is normally called a budget.
The authorities tend to encourage establishment when there are bad times and unemployment increases. This will increase the number of establishment grants, establishment grants and other favorable schemes. In good times the grants are cut.
Companies under establishment and in the early phase often have a strained liquidity. That’s why we offer our services to match the liquidity of the companies we help. We contribute to value increase, and are happy to take ownership interests as compensation in the projects and companies we help.
Young companies and companies under foundation need equity and funding in the build-up phase. It can be difficult for companies to raise venture capital before the company has proven its existence and acquired its first customers. Norinnova can invest equity in this critical early seed stage. Here Norinnova enters as active and competent owners. We are also well acquainted with the possibilities of public funding and can assist in applying for such funds.