In return, INiTS receives virtual shares (non-voting participation rights) in the start-up. A fictitious valuation of € 1,000,000 is used.
Therefore, a positive assessment in the investment advisory board, which takes place twice a year (after each Startup Camp) is required. This committee consists of investors and shareholder representatives.
Significant advantages for the startup include:
- Financing through equity capital at a very early stage (even before foundation)
- Free availability of financial resources
- Fast and unbureaucratic processing
- No transfer of voting rights
- No de minimis relevance
When the startup is later financed by equity capital, the shares acquired by us will gradually be repaid.