Now at tecnet: SAFE
Tecnet Venture Capital now offers SAFE, the Simple Agreement for Future Equity, a rapid and straightforward financing solution for startups directly after their establishment, serving as a precursor to traditional venture capital funding.
This convertible loan of €50,000 specifically targets startups at a very early stage, even before their first seed round, with fixed terms and conditions.
A SAFE is eligible for startups that:
Have a working prototype or proof-of-concept.
Have a clear vision for market entry and product adoption strategy.
Have a scalable business model with the potential for significant growth, even if their business plan is not fully developed.
With SAFE, tecnet caters specifically to young technology companies seeking to establish or have already been founded in Lower Austria.