Deadline: August 31, 2024
Calling All Startups! Are you ready to take your startup to the next level? Apply now for an exclusive chance to pitch at the ETH Launch 2024, hosted by SICTIC and the ETH Entrepreneur Club! This is your chance to showcase your innovative ideas and connect with investors and industry leaders.
The SICTIC Investors will support the startup team to:
- Found a company (if not yet done);
- Optimize the business plan and product;
- Create a term sheet;
- Close the investment round.
After the investment round, they typically continue to advise on the strategy for building a promising product with a high customer value for a large market and help with their network.
Benefits
- SICTIC Investors invest in small groups between CHF 200,000 – to CHF 2,000,000 directly in tech startups based in Switzerland. SICTIC does not invest itself nor does it hold shares in startups.
Eligibility
- The core startup team (CEO, CTO, etc.) is based in Switzerland and works on the startup project as their main activity. The startup has incorporated or will incorporate in Switzerland or Liechtenstein as a stock corporation (AG).
- There must be a tech component that allows to quickly scale up the business.
- The investment will be against equity of a (possibly yet to be founded) company registered in Switzerland.
- The startup must not be older than five years (since incorporation). The startup must have a reasonable chance to generate at least CHF 5M yearly revenues within five years after the investment.
- The valuation of the startups must not be higher than CHF 8M and the current round size must not be higher than CHF 2M.
- They only accept startup funding applications directly from founders (and none from fundraisers).
Application
For more information, visit ETH Launch.
