Editor’s note: This is a sponsored article, which means it’s independently written by our editorial team but financially supported by another organisation, in this case, Peak Capital. If you would like to learn more about sponsored posts on tech.eu, read this and contact us if you’re interested in partnering with us.
Startups and entrepreneurs thrive on timely funding and feedback from peers and experienced founders. Next month, the new European VC fund Peak Capital offers both elements in a one-day Fundathon to take place in The Hague in the Netherlands. Scheduled for October 4, the event is a mix of an extensive sparring session and pitch competition for startups with a team, product, and traction. Startups can apply until 23:59 on Sunday, September 8 — so make sure to apply on time!
“The insights and learnings from the Fundathon were a real eye-opener for us,” said last year's winner, Janneke Plaisier (CEO and co-founder of LessonUp). “After the Fundathon we made some radical changes which heavily accelerated our growth.”
This year, LessonUp in The Hague will host the Fundathon at their office. Five carefully selected startups will come and get a full day of help and support in growing their business from a group of prominent investors and experienced founders. During several break-out sessions, the participants will work on their business plans with the focus on growth, metrics, and talent.
The day ends with a pitch competition, where there will be a guaranteed winner of a €100,000 convertible loan on founder-friendly terms from Peak Capital. Last year there were two winners, which may happen this time as well: Peak Capital tells us that there’s always a possibility to extend the prize.
“It was not just a lecture with ‘5 easy steps towards growth’,” said the second winner of last year Mark Pluijmen, CEO and co-founder of Batchforce. “We actually got to work on our growth plan and implement valuable and practical feedback from experts in the field.”
Do you have what it takes?
Convinced yet? The applications for this year's Fundathon are open until September 8, so don't miss your chance to be among the best five!
The only formal requirements for the applicants are that the startup should have a multi-founder team and in-house technology, as well as proof of traction with a live product and active users. Fundathon is a great boost for an early-stage startup that's ready for explosive growth in its market.
Send your pitch deck today and join the funding marathon by Peak Capital. Truly smart money is the best a startup can hope for when looking for investment — and this opportunity provides exactly that.