Frequently Asked Questions

 

Entrepreneurs !

How can The Startup Buddy help my start-up company? The Startup Buddy, Singapore's founder friendly startup builder guides entrepreneurs from idea to funding. Combining the principles of The Lean Startup and every day founder issues The Startup Buddy teaches, plans and keeps track of your startup progress. Free, flexible and all-in-one.

Features:
- Startup missions: Building your company has a million steps. The Startup Buddy breaks your journey up into manageable missions. So you can focus and do the right things at the right time.
- Learning: You will learn more building your company than ever before. Startup missions are explained and linked to other relevant knowledge sources and tools. So you can find them easily whenever relevant.
- Help: By yourself you are an entrepreneur, not a company. Missions connect you to service providers and tools when you cannot complete them yourself. Find a UX designer, lawyer or corporate secretary that suits you. These resources can be found in The Startup Market in The Startup Buddy.
- Your startup dashboard: Check your progress, next missions and current fundability all on one overview.
- Bank account optimizer: In 2 minutes you can figure out the most suitable corporate account for your startup needs.
- Fundability score: In 5 minutes you can check your startups' eligibility for grants, loans or equity by creating your profile in the My Funding Profile page.
How is my company’s value determined?
    Why should I trust Investeur?
      Investeur is an independent company that works in the best interest of the entepreneur. Our strategies are based on the needs and perspectives of startup businesses. Through collaboration with companies like the Golden Egg Check, we have amassed over ten years of experience that we use to help startups like you.
      How long will it take for me to hear from investors?
        The time taken for you to hear from investors will depend on the stage your business is in. If you've just started your business, it could take upwards of six months to obtain funds. At this stage, we recommend you to track your progress on The Startup Buddy to update your investment profile as you hit each milestone. If your business is already in a good position to expand, you could be matched with suitable investors in weeks.
        Who can I approach when I need help?
          Investeur is here to help you. If you need advice, guidance or just help in solving a problem, feel free to contact our experienced staff through Investeur's chat box on the bottom right of the page.
          How can I increase my chance of getting investments?
            The Startup Buddy is the best tool you can use to put your business in a good position to obtain funds. Assess the fundability of your business and make use of the applications provided. Once you completed all your missions, build your pitch in the Golden Egg Check / Investeur community and ask for an assessment (info@investeur.co)
            What are the fees for using Start-up Buddy?
              The Startup Buddy is completely free to use.
              Who are the investors?
                Investeur has contacts with numerous investors, most of whom are professional venture capitalists. However, if none of these investors are suitable for your business, we will help you find the best investor based on your needs.
                What is the relationship between Investeur and Goldeneggcheck?
                  The Golden Egg Check is one of the few funding analysis companies in the world. We have established an exclusive partnership for Singapore with the Golden Egg Check's experienced team. By using Golden Egg Check for your Singapore-based startup, you get access to Golden Egg Check's resources as well as complete support from Investeur.
                  Why should I use the Startup market?
                    The Startup Market gives you access to an array of products, services and investors. You can easily compare offerings to find the provider that fits you best.
                    When Investeur finds investors to pitch to, will this be done online or via personal pitches?
                      Pitches to investors are handled on a case-by-case basis. A personal pitch is usually more effective and is preferred. In the early stage however, it is not economical to go overseas for a pitch. In such a case, an online pitch is the best solution.
                      If my business is fundable according to the Investeur assessment, are the funds to be raised via VC's in Singapore only or those overseas as well?
                        ​The Investeur database and network consists mainly of Singaporean investors. Our Dutch partner (Golden Egg Check) has a database of Dutch VC's which is connected to ours. Based on your companies specific needs we can see how viable it is to search in other countries. We do recommend only to go overseas for strategic or content reasons. Purely for funding it is not that usefull to search in other territories as where you do business and it will make negotiations and everything else afterwards more complicated.​
                        How do I make sure to keep my confidential creative materials confidential when I am looking for investors?
                          When you put together your pitch make sure you don't include confidential information you are not willing to share without an NDA. Having said that, it is not very usefull to keep your concept or idea to yourself. Typically you will get valuable feedback from pitching and typically your idea will not be as unique as you might think. Just keep to yourself what is objectively sensitive and keep that for the negotiation stage.
                          When I upload my pitch will Investeur do the final touches to ensure that it is very professional and up to VCs’ expectations?
                            Investeur / GEC will touch it up together with you, the entrepreneur. You, the entrepreneur remains the owner of the business and therefore the pitch, but we help you make it as investor bullet-proof as we can.
                            In terms of numbers, how many parties will the pitch via Golden Egg Check / Investeur be made available to?
                              Ideally we match you wiht as many investors as possible that fit the scope of your startup business. When searching for funding, your conditions and negotiating options will improve dramatically if you have multiple options. Having said that, you, the entrepreneur decides whom you would like your pitch to be available to. If you wish to maintain confidentiality and do not want to share it with investors that already fund a competitor, we will make your pitch invisible to those parties.

                               

                              Investors!

                              How can I reduce risk through using Investeur?
                                GEC/Investeur has already analyzed the fundablity and growth potential of all its member startup businesses. Using these data, Investeur can find you businesses that have a good chance of yielding high returns.
                                How will I be matched with suitable startups?
                                  You will be matched with suitable startups based on the on the information you provide in your Golden Egg Check profile. Investeur compares your requirments with the data from our member startups to give you the best matches.
                                  What additional services are available?
                                    You can sign up on the Golden Egg Check software to enjoy access to businesses you may be interested to invest in.

                                     

                                    Product and Service Providers!

                                    Where is The Startup Market?
                                      The Startup Market is now integrated into The Startup Buddy, our founder friendly startup building platform.
                                      How do I make a listing?
                                        To make a new listing, please follow these steps: -Sign Up or Log In to The Startup Buddyusing your email, Facebook or LinkedIn -Click "My Companies" in the menu on the left. -If you are a new user, click on the "ADD NEW COMPANY" button to add your company. -Once your company is listed, you may add your listing under “Actions” → “Services”. -Proceed by clicking on "ADD NEW SERVICE". -After finishing you can find your listing at The Startup Market. Only fixed price and paid listings will be accepted. Our users prefer packages with clear descriptions and transparent pricing.
                                        When I add a new service, which mission should I choose?
                                          Your listing on The Startup Market is linked to a mission you choose and that should apply to the service you are selling. Startup Buddy users working on their missions see your listings below each mission page while they are working on the mission. Choose a mission that best fits what your listing offers to our startup customers. This way they are more likely to purchase. You can only link one listing to one mission.
                                          Why should I use the Startup market?
                                            By listing your products or services on The Startup Market, you gain exposure to startups throughout Singapore. The Startup Market is your chance to gain new customers and make your brand known. Benefits: -Users working on their missions see your listings below. -Multiple companies and services under one account. -Custom fields to add specifics for your listing
                                            What are the fees for using this platform?
                                              Upon a successful sale the listing fee is 15% which includes a payment processing fee. Terms and conditions apply.
                                              I had a listing on The Startup Market before it got integrated into The Startup Buddy. Do I need to make a new listing?