Mentoring Process
Joining iDesignproject
We have a standard agreement with all of our companies. We receive 6% of founder shares in return for participation in iDesignproject. We work hard on your behalf to connect with you the capital you need to grow and scale.
As an entrepreneur, you must ask yourself if joining iDesignproject is worth the equity. If you think your company is worth $3M to $5M (a typical seed round valuations), you have to believe that we can add $100K to $200k of value to your company. Having worked with companies, we have a proven ability to help our companies acquire customers and accelerate their fundraising process. The majority of our companies would state that the value we have added has been exponentially greater than the equity they gave up. Time is typically an early stage entrepreneur’s most limited resource and we help you move faster to your sales, fundraising and team development goals.
Note that we receive equity based on the founders’ shares, not including shares in the option pool or that investors already hold. After option pool dilution and your first investment round we will typically own less than 4% of your company.
Although we set personalized goals for each company we work with – below are a few of the ways we help our portfolio companies accelerate their growth:
What You Will Get
Guidance
Every investor provides some combination of money and help. In our case the mentoring is by far the smaller component. The mentoring we provide is purely to help our companies. The most impactful thing we do is working hand-in-hand with our companies to grow their businesses. The type of advice we provide cannot be bought, because anyone qualified to do it is already a successful entrepreneur.
Marketing and sales presentations
Access to potential customers
Investor pitches
People know when an iDessignproject company is pitching. Our companies have won numerous pitch competitions. But moreover, they have been very successful at raising capital with their pitches. We work intimately with our founders on their investor deck, investment pitch and demo day decks. You will leave our program, able to clearly articulate your business to almost anyone in any setting, giving you a leg up with investors and employees you want to hire.