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E04: Early financing- rejection, sweat, angels and serendipity
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Christine struggles with guilt and being broke while bootstrapping. She confronts the Norwegian Government's Innovation Office about why they rejected Listfully's grant application. She then turns to the head of a Nordic angel investor network to explore looking for investors.
Time is running out to get an app as Christine debates her options, and is it selfish to make her son sacrifice for her dream?
(Listener note - we recommend that you hear the first three episodes before this one!)
Innovation Norway is the Norwegian Government's agency for innovation and development of enterprises and industry. Among other things, they offer very early stage grants to startups. Pål Thorvik Næss is Director of Entrepreneurs and Startups, and Joachim Thorsen is a Senior Advisor in the department that evaluates grant applications like Listfully's. They were gracious enough to sit down with a "reject" and face some tough questions on air.
Claes Mikko Nilsen is a Finnish-Norwegian, quick-witted character, well-known for his pitch moderator skills. He’s the Managing Director of Nordic Business Angel Network (NordicBAN) and previously co-founded Finnish Business Angels Network (FiBAN). Claes Mikko is also a steering board member at the Rising North Fund and actively developed the concept of Slush’s Investor Day.
6 Months to start a startup is a Shifter Media podcast, and is produced by Benjamin Ulstein. It is made possible by communication and technology company Itera. Itera is named one the most innovative companies in Norway – across all industries. If you’re looking for a career in a tech company that thinks differently and moves quickly, go to itera.no.
Special thanks to Joyful Noise Recordings and Surfer Blood for letting us use their song “Six Flags in F or G” You can subscribe to us on iTunes or wherever you listen to podcasts.
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