Startup Event: How to Raise Your First Million - Grand Forks

This online talk is for Grand Forks founders looking to understand the fundraising landscape. Join our Startup Event: How to Raise Your First Million to get insights into securing early-stage capital. We will explore the practical aspects of preparing your company for investment and approaching potential backers with confidence, right from our local community.

Navigating the world of venture capital and angel investors can be complex, especially for startups outside of major tech hubs. This session, designed with the Grand Forks ecosystem in mind, aims to simplify the process. You will learn about the different types of funding available and understand which might be the right fit for your business. We will also discuss the importance of a solid business plan and a compelling pitch deck, crucial tools in your fundraising toolkit.

Discover what investors are really looking for in a new venture. We will cover key metrics, team composition, and market potential that can make or break a funding application for a Grand Forks startup. Understanding the investor's perspective is key to successfully communicating your vision and is a core part of the journey to raise your first million.

In this talk, an expert will share insights on:

• The fundamentals of building a fundable startup from the ground up.
• How to identify and approach the right investors for your industry and stage.
• Key elements of a pitch that captures attention and communicates value.
• Common mistakes founders make during the fundraising process and how to avoid them.
• An overview of the term sheet and what key terms you need to understand.

This event is designed to provide a clear overview for entrepreneurs in the Grand Forks area who are just beginning their journey. While the content is tailored to our local context, founders are welcome to join this online event from anywhere. If you are serious about funding your startup, this discussion will provide a foundational understanding of the steps involved.