Working process

Development phase 1

During the development phase Chalmersinvest provides expertise primarily through active board members. These are assembled partly through Chalmersinvest's networks, and partly from Chalmersinvest's management. The first category is engaged for a longer period of time, but the latter only during phase 1.

The goal for the development is that a company is attractive for venture capitalists to invest further funds in. This means that a number of criteria must be fulfilled. Some of the most important criteria are

There must be a comprehensive business plan
Necessary agreements must be in place
Some of the future board must be recruited
Some of the future staff must be recruited
Customer contacts must be in place, ideally through sales
Organisation and method financially and administratively
The products further developed with identified customer/user in focus

Time plan/milestones for above-mentioned and other activities exist and reporting will occur based on milestones.

A goal for Chalmersinvest is that phase 1 is completed one year after Chalmersinvest's investment decisions.