We invest up to 25000 Euro(equity free) in 3 tranches.
After the Investment Committee meets with a startup and listen to their pitch, they immediately deliberate and provide one of the following recommendations to the AI INCUBATOR team: No, Not Yet (startup should come back later), or Yes.
1/3 of the money will be paid when the program starts. If the first Milestones are reached, another 1/3 will be paid. If the last milestones are reached, the remaining 1/3 will be paid.
No, you have to reach your milestones. Our intention is to help you to succeed. We will together agree on achievable milestones.
Yes, that’s our condition. We want that we both get out the most of the program. So physical attendance is mandatory.