Week 7 – Help, I need some funds! (in the meanwhile let’s party a bit)
Mathematics is one of those things that either you love it or you hate it. We are lucky: we don’t need to be geniuses in order to fill in the financial modelling of our business ideas. This week the crews of the Bootcamp had to work on the budget of their projects and they had to find all the financial information they needed in order to complete their files excels. Anyhow, once again the importance does not lie on the numbers themselves, but on people. These business calculations, in fact, are the results of our interaction with suppliers, architects, engineers and other experts. Moreover, these instruments are directed to potential partners and investors that we would like to involve in our projects. Basically, the budgets we developed, and that will be for sure iterated many times in the future, are the means to connect what we need with who can give us such support, mainly in terms of investors.
Luckily, we were not left alone in front of our empty excel’s cells. We could count on the facilitator team, the innovators and some mentors who visit us at the Bootcamp and guided us. Not only, we could also learn which are the means that are available in order to try to get the financial support to boost our projects. Ing. Graziano Bergogli, for example, was able to give a complete and clear overview of how venture capitals, business angels and different types of crowdsourcing work.
The last event of this week was the presentation of our final pitch: a chance to introduce in a relaxed way our innovation stories and our future plans and needs. In fact, if little party never killed nobody it could only help us in learning how to get the support we looking for. Only speaking, communicating and exposing ourselves we can build and improve that network that we began to design since the second week of Bootcamp. Between a drink and a snack the crews showed their work and shared opinions. We understood the importance of a good presentation and helped by the suggestions coming from the other members of the Bootcamp we will iterate our launches . The event was also a chance, in fact, to stay together with all the other groups and enjoy all together a relaxed moment. After 7 weeks of work we all began to feel closer to each other and also friendships are growing. When you have to interact in teams and groups you are forced to get to know your mates in a really deep way and with time the collaboration becomes easier and you start to have fun together while working.
Even if the business path is still long, just one week of Bootcamp is missing. We’d better don’t think about it now, but just keep working on our pitches to surprise the investors next week!
