Do the scan

NOM Scan for startups

Before we begin this investor readiness scan, it is important to point out that not every investor values exactly the same things. Some may base their decision primarily on facts, while others may consider the personal click with you and your team more
weigh more heavily.

Also, for example, not every investor takes the same amount of risk. There are some things almost every investor pays attention to, though. Have you got those things right? Then your business plan is probably investor ready, and you can start looking for investors. With this scan you can find out if you are ready.

Question 1:

Do you have a product and/or service (innovative/scalable) that has been tested in the marketplace?

Question 1:

How good that you are already looking for an investor, so you have big plans. However, most investors think it is important that you have already tested your product or service in the market.

An open goal shot, but if your startup has already collected launching customers or letters of intent, you have an edge with many investors. There is almost no better proof that your product or service works.
No launching customers or letters of intent yet? Then start looking for your early evangelists. These might be companies that are willing to buy your product before it is fully ready for market. Sometimes they are also willing to invest in the further development of your product. Are you clear on what problem you are solving for this group?

Whatever variant applies to you, what matters is market validation: can you show that there are people who (want to) buy your product or service. Want to know what else investors look for? You'll find that in this article.

Question 2:

Do you have a well-thought-out revenue model?

Question 2:

You don't know what your revenue model is yet, that doesn't matter but it is necessary for finding an investor. You have to know for yourself how you are going to make your money with your startup.

Maybe you're still struggling with more things that come with the startup phase? Then the comprehensive white paper we wrote on this topic is definitely a must read for you!

You will read here how to become investor ready, useful to go through before you start looking for an investor. After all, you often only get one chance...

Download the whitepaper

Question 3:

Do you have a vision of the value of your business?

Question 3:

If you do not yet know exactly what your business is worth, it will be difficult to find investors. But don't worry, you can calculate the value of your company yourself. Then you will also know how much money you need from an investor and how many shares you need in return.

This article tells you how to determine the value of your own business.

Question 4:

Do you have a complementary team?

Question 4:

It is common for entrepreneurs to already run a business and start a startup alongside it. Or that they start their business on their own.

This is neither right nor wrong, as long as an entrepreneur can devote enough time to his startup. Only then is there commitment and execution power.

Funders want to see that you and your team are doing everything possible to make the startup a success. Finally, it's also about your team showing passion and drive, although you can't really show that until you're already at the table with an investor.

Want to know what else investors look for? You'll find that in this article.

Question 5:

Do you have a clear profile in mind of an investor who will add value to your business?

Question 5:

You do not yet know what kind of investor you are looking for, that does not matter. There are
several roads to Rome. In this article we would like to tell you more about those different possibilities.

Do you have an even clearer idea of what you want? Then let us help you with that final check for your startup.

Question 6:

Fantastic!

Looks like you're all investor ready. Let's schedule a quick meeting to see how we can help you in the next step of
your startup.

Oh yeah, that's not going to cost you thousands of euros, of course, because our job as NOM is to help Northern Netherlands businesses grow!
Fill in your details below and we will call you back within two days for an appointment. Of course, you can also contact us yourself!

Question 6: