SPAIN LAB COMPLETE: HERE IS WHAT HAPPENED
The Unreasonable Projects
Madrid Investment Preparedness Lab is a 5-day intensive training accelerator designed to help Spain-based ventures to understand the fundraising process and become ready to take on investment. Our ultimate goal is to get more funding flowing to Spanish ventures who are looking to solve social and environmental problems. This lab will be carried out next to Teamlabs.
Spain is a an incredible entrepreneurial community and we have to be able to take the most advantage of it,From mentors, to funders, to corporations, to government, to universities., Madrid is the perfect home from us. So now we want to directly support ventures based in Spain ,in other words, Those who use their entrepreneurial inititatives to produce high impact in the society and contribute positively in the environment and help them to take the most of their projects in our ecosystem.
What is Teamlabs?:
It´s a radical learning laboratory.which trains the professionals that the current society is demanding: Ability to create team projects with positive impact in the society, innovators and with global mentality. Teamlabs is inspired in”Learning By Doing”methodology, the leadership and Entrepreneurial University Degree LEINN and MasterYourself program.
Get Involved: Apply to be an entrepreneur, become a mentor, be a sponsor, or help our Lab team find entrepreneurs. Read on to get involved!
We´re looking to engage 10 startups to participate in Unreasonable Lab Spain.
What is Unreasonable Institute?
Fundraising can be a hard, confusing, and long process. How much money should I raise? What type of capital? Whom do I talk to and how do I build relationships with funders? What should I do in an investor meeting? How to I get the money into our bank account so I can get back to building my business? Having an answer to these questions often translates into successfully closing a round of funding. But the reality is that only a handful of entrepreneurs have a clear understanding of the process (and how long it takes) before they start fundraising. They get lost and without direction, they do not take the lead and closing a round becomes painful and time consuming.
The Lab & Curriculum
The Investment Preparedness Lab is designed to do one thing: help entrepreneurs be more prepared to raise funding. Entrepreneurs will:
Understand the steps of the investment process and what is needed to be prepared at each step.
Diagnose where a venture is in preparedness for those steps, build a full plan for how to get ready, and actively work to get more prepared.
Meet with actual funders to get feedback and practice building investor interest.
The curriculum of the Lab oscillates between in-classroom workshop time and tons of hands-on work time.
Starts with a brief orientation and workshop that demystifies the fundraising process, followed by an afternoon dedicated to starting to build a strategic plan.
Starts with building financial statements then learning about various types of capital. During the afternoon entrepreneurs will design a fundraising action plan.
Begins with a workshop on how to build powerful relationships with funders, followed by a pitch workshop. Then entrepreneurs will build a massive list of potential funders.
Capital Advisor day when experts in early stage funding will attend the Lab to work directly with and give feedback to the entrepreneurs.
Spent on deal negotiation, getting important due diligence materials together, and designing an action plan for the next three months.
By the end of Lab entrepreneurs will have something to show for their work. They will have:
- Learned what the fundraising process looks like from start to finish and the elements needed to succeed in raising funding
- Diagnosed how prepared (or unprepared) they on these various elements of funding preparedness, giving them a snapshot of where they are
- Actively worked on various elements to become more prepared to raise funding (for example: develop their financials, write a strategic plan, clarify their funding ask, develop their pitch materials)
- Created a list of at least 30 potential funders and learned quick research and outreach techniques to find and connect with even more when they leave
- Learned a methodology for how to build strong relationships with funders – relationships that get stronger over time which will help make their funding case stronger over time
- Completed funding readiness “reality checks” with 4 – 5 real funders and received real and honest feedback on their investment preparedness
- Designed a strategic plan to become funding ready and identified the tools to get there
- Drastically increased their confidence level about leading an investor meeting which will lead to far more productive meetings with future potential funders
Mentors, Capital Advisors
Say welcome to our Mentors! We are really happy to have them in our unreasonable family!!
They will guide us with their experience as entrepreneurs and also will be leading some of the modules of the program.
Rodrigo Aguirre de Cárcer
Chief Investment Officer of Ambar Capital and Manager Vivergi.
Global Institutional Investors owner.
Executive Business Development in Growth Acceleration Team.
Jose Mari Luzarraga
Cofounder of Mondragon Team Academy.
CoFounder an CEO of Teamlabs.
Jose Moncada Durruti
CEO and Founder of Bolsa Social
Director of Mondragón Health.
Jaime Pérez Cuchet
Manager, Entrepreneur Selection & Growth
Jorge González Moreno
Business Development Executive in IBM.
Finance Director of Opinno.
Veronica Respaldiza Lopez
Responsible of Startups alliances and developers in IBM
Elena García Domínguez
BStartup Advisor in Banco Sabadell
Coordinator of Area 31, Space Entrepreneurship and Innovation at IE Business School
Manuel Rodríguez Rodríguez
Cloud Ecosystem & Developers
Architect in IBM
FAQ’s & More About This Program
Application and Selection
- Committed to social and environmental impact with their venture
- Idea-to-early-stage ventures that are looking to raise capital in the next 6-12 months
- Based in Spain
- For-profit or non-profit
- 18 years of age or older
- Preparing to take on capital in the next 6-12 months
- Have generated sales and have paying customers for their product or service
The Investment Preparedness Lab can serve entrepreneurs in the prototype/pilot stage, the early customer traction stage, and established customer traction stage.
The Lab will feature both time in the classroom and time dedicated to working with mentors. Throughout the course of the Lab, you will have plenty of time to work and rest. Taking time to digest the material is an important piece of acceleration!
Day 1: Day 1 starts with a brief orientation and workshop in the morning, followed by an afternoon dedicated to building a strategic plan.
Day 2: Day 2 starts with two workshops designed to build the entrepreneurs’ financial skills. During the afternoon entrepreneurs will design a fundraising action plan.
Day 3: Day 3 begins with a workshop on how to build powerful relationships, followed by a pitch workshop. Then entrepreneurs will build a massive list of potential funders.
Day 4: Day four is Capital Adviser day when experts in early stage funding will attend the lab to work directly with the entrepreneurs.
Day 5: Day 5 is spent on deal negotiation, getting important due diligence materials together, and designing an action plan for the next three months.
Be a Supporter
Click here to email our team to discuss becoming a mentor.
Pipeline Partners are organizations that help us find the entrepreneurs. Like us, they support entrepreneurs doing good in the world. If you want to become a Pipeline Partner for this Lab, please Email us!
Here is the team that made this happen.
TEAMLABS/ is an educational organization composed by professionals committed with Education, Social Entrepreurship, Trends in Social Innovation and other Entrepreneurial Issues.