In raising money, it’s key to be able to communicate what a company does and how it can provide value. Behind the scenes, there’s also a lot of practical knowledge that goes into the process.
From term sheets to valuation, there are lots of details, so it helps to get guidance and make a plan. That’s what the national, university entrepreneurship–focused nonprofit VentureWell is looking to provide through a program called Accelerating Startup Partnership and Investment Readiness (ASPIRE).
Last week, Inner Harbor’s Institute of Marine and Environmental Technology (IMET) played host to a group of clean tech and sustainability-minded startups who were partaking in the program. Working with leaders at IMET’s Harbor Launch incubator including former IMET Assistant Director Nick Hammond and incubator manager Lindsay D’Ambrosio as well as TEDCO, the program was initially announced in the spring. The November 12-16 session marked VentureWell’s first in Baltimore. It’s also been held in cities like New Orleans and Detroit, and Salt Lake City is next.
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