Initial meeting and pitch - we like concise pitches with details on markets, competitors and business plan execution. We like to see high level 3 year financial forecasts and details of how funds raised will be used.

Analysis of detailed financials - We will need to see a detailed financial model and fully understand the assumptions. We will also need to see accounts showing the current financial position of your company. If you don't have financials ready our team can help to prepare them with you.

Q & A session - We will have a detailed Q & A session with the founders to understand their motivations, business plan, risks and opportunities. We invest in people, not companies, so this is a chance to get to know each other and see if we're a match.

Term Sheet - If we like you and your business, we will issue a simple term sheet setting out the basis on which we can invest.

Definitive agreements and release of funds - Once the term sheet is agreed, ReadyVentures will produce definitive investment agreements. We try to keep lawyer involvement to a minimum and often close deals without this. Once signed, funds can be released.