Business proposals that qualify for matchmaking are brought to the attention of prospective investors, via a secure online investor portal. Most investors will be interested in equity investments, or in other words, in buying a share in the business of the entrepreneur. Contact between the entrepreneurs and investors takes place via the investor portal. Investors can for example review a business plan and the entrepreneur can respond to this feedback. BiD Network Matchmaking prepares the entrepreneur to receive equity. Additionally when an investor shows serious interest, BiD Network Matchmaking assists both the entrepreneur and the investor in the process of exploring, negotiating and deal closing.
Who is eligible for BiD Network Matchmaking Service?
- An entrepreneur has to comply with the General Terms & Conditions of BiD Network Matchmaking.
- An entrepreneur has to have submitted a full business plan including financials to BiD Network.
- The business plan of the entrepreneur has to be approved by the Approval Committee.
How to get approval from the Matchmaking Board?
- The business plan has to be
- feasible,
- complete,
- up to date,
- correct and
- realistic.
- The business plan should clearly describe what the current financial need is. This should be between USD 10,000 and USD 1,000,000 to realise the business plan.
- The country of operation of the business should be in a country where BiD Network Matchmaking or an investor in the network of BiD Network has a local partnership or local presence. Currently these countries are: Colombia, Peru, Argentina, Ecuador, Bolivia, Ghana, Tanzania, Uganda, Kenya and the Philippines.
How to increase the chance of a successful match with an investor?
- Be sure to have a concise and high quality business plan that is attractive to read.
- Provide all relevant information regarding partnerships with / commitments from: suppliers, buyers, investors, banks, (local) government, etc. Try to provide proof of these partnerships/commitments by letters of intent, contracts, etc. This is to increase chances of success and decrease risks.
- Provide references from reliable and known people/organizations.