Ελληνικά

The investment process differs from every venture capital company, in general however the pattern is as follows:

 

• Initial approach from the entrepreneur or his advisor

• Provision of a business plan

• Meetings regarding the plan including several management members, as well as on-site visit(s)

• Negotiations and initial contract signings (letter of intent, confidentiality agreement)

• Procedure of thorough auditing, which usually includes financial and legal due diligence, as well as operational and structural audit of the business. The investigations are being performed by the venture capital firm itself, as well as from other sworn auditors, law firms etc.

• Final Shareholders agreement. The final agreement is usually taken during a shareholder meeting, while there are often the cases when changes in the articles of association are required.


The time period from the initial contact to the agreement last usually two to three months, depending on the level of preparation.