How does WieGrow provide funding?

WieGrow partners with StartupTnT to streamline and manage their investment activities through a structured process. This collaboration involves participating in StartupTnT's regular Investment Summits, where startups pitch their ideas, and WieGrow, along with other investors, selects the most promising ventures. StartupTnT conducts thorough due diligence on the selected startups, reviewing their business models, financials, market potential, and management teams

Does WieGrow provide suppport post-investment?

After the investment is made, StartupTnT and WieGrow provide ongoing support to the startups. This includes mentorship, networking opportunities, and additional resources to help the startups grow and succeed.

Why should I participate?

Raising money is hard. It requires deep relationships with a network of investors that trust you and believe in what you are doing. Each Startup TNT investment is an opportunity for entrepreneurs to start building and expanding their investor network. On an annual basis, 8%-10% of all applicants to our summits receive funding from the angel network.

How should I prepare?

You already know your business and market, so focus on making sure you communicate your story and the investment opportunity clearly to the investors. For those entrepreneurs that make it to the final stages of due diligence, they will need a fully populated data room to share relevant corporate documents with the investors, including a term sheet and subscription agreement. If applicable to your jurisdiction, consider applying for approval to offer an investor tax credit (Saskatchewan and Manitoba both offer investor tax credits). Also, make sure you’re ready to meet a lot of great people in the ecosystem and have some fun!

What stage of company is it for?

Companies less than a year old with an MVP and some early traction ranging to 20-person, revenue-generating seed-stage startups and everything in between have all raised money at Startup TNT Investment Summits. About half of the funded companies were pre-revenue at the time they participated.

Is there a prize?

We endeavour to have a team of about 30+ investors for each summit. With each investor contributing $5,000 to the pool, this equates to over. $150,000 for the summit winner.

What are the investment deal terms?

There are no set terms for the investment. Just like any funding round, it will be up to you and the investors to negotiate terms that are fair for both parties.