VC Challenge - Nordic

A program that provides professional guidance, learning and network to help aspiring VCs learn and prepare for raising and managing a fund.
WhereOnline
When14 Mar, 22 - 30 May, 22
CostGet in touch
CategoriesInvest in startupsRaise a fund (investors)
Register interest
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What you'll learn

FUND TYPES AND STRUCTURES

Identify the various fund structures and find which works best for you

SOURCING STRATEGY

Get a clearer picture of the specific startups that are relevant to you

PORTFOLIO CONSTRUCTION

How to properly construct your portfolio for optimal returns

FUNDRAISE TO LPs

Understand LP management and meet some Norwegian LPs

FUND TAX AND REGULATION

How to regulate the fund and remain compliant with Norwegian law

NETWORKING

Meet aspiring fund managers and others within the VC industry

About

Setting up and raising a fund is a complex process.


It requires expert knowledge, legal and marketing expertise, understanding of relevant regulations and fund operations, a network of partners and co-investors and an access to potential LPs.


Luckily, you no longer need to do this alone!


VC Challenge is a VC training program to help emerging managers prepare for the process of raising their first fund. The Norwegian VC landscape is rapidly changing with more new funds being raised, more international VCs investing in Norwegian startups and more and more successful startup stories coming from Norway.


In cooperation with Nordic Innovation, Global Innovation Catalyst (GIC) and the Norwegian VC ecosystem, VC Challenge is a common effort to contribute to the development of the next wave of Venture in the Nordics and to support more ESG driven funds.

BASICS AND BACKGROUND

Get a good understanding of the background of VC and the set the groundwork for building your fund!

BUILD YOUR INVESTMENT THESIS

Create the investment thesis for your fund that outlines how you will realise success

DEVELOP A DEALFLOW STRATEGY

Learn how to enter into the best deals in the ecosystem and build value for your portfolio companies

FUND PRESENTATION

Present your funds investment thesis and strategy to potential LPs in the VC Challenge Demo Day

PREPARATION

Find your investment criteria.

All startups (15).

SELECTION

Screen and evaluate all cases.

All startups (15).

DEAL CREATION

Work with your favorite startup in investor groups. Only selected startups (4-6).

FUNDRAISING

Create a fundraising strategy and get the opportunity to invest. Only selected startups with term sheet (2-5).

Agenda

Every session includes topic-related presentations by investor experts from the VC ecosystem, and you will be provided with relevant materials to take you through the entire process.

1

VENTURE CAPITAL ECOSYSTEM

Learn about the history of VC and Silicon Valley, the VC ecosystem in Norway, and the importance of a Venture Investment Thesis

March 14, 2022 - Online

2

VENTURE FUNDAMENTALS

We discuss fund types and structures, building your investment strategy, and how to decide on a business model and budgets

March 21, 2022 - Online

3

SOURCING AND DEALFLOW

Get an intro to sourcing strategy, building an investor brand and positioning, and performing a quality investor opportunity assessment

March 28, 2022 - Online

4

INVESTMENT PROCESS AND FUND RETURNS

Learn all about portfolio construction, modelling fund returns, due diligence, and where to get investment support and value add

April 4, 2022 - Online

5

OWNERSHIP AND CONTROL

We go through the topics of ownership and valuation, investment deals and investment rights, and cap table propagation

April 20, 2022 - Online

6

FUND OPERATIONS

Find out the different roles within a fund, practicalities of governance under operation, and how to structure the cost and management fees

April 25, 2022 - Online

7

FUNDRAISING TO LPs

We help you understand fund regulation, setting up a fundraising strategy, LP management, and give you an introduction to Norwegian LPs

May 4, 2022 - Online

8

FUND REGULATION AND ESG STRATEGY

We discuss what is ESG strategy is, how should it be implemented, and the regulations in place around ESG

May 9, 2021 - Online

9

FUND TAX

We discuss the topic of fund tax, various structures and strategy, as well as going through questions and concerns

May 23, 2021 - Online

9

FUND PRESENTATIONS

Present your fund and venture investment thesis to receive feedback and constructive criticism to further refine your pitch towards LPs

May 30, 2021 - Online

Who should join


  • Private individuals aiming to set up a professional fund focused on early stage investments
  • Managers of existing micro VCs/investor clubs/angel networks that want to make a step change towards a larger more professional fund
  • Employees of corporates interested in setting up a corporate venture or an impact investment arm
  • Family offices with an ambition to learn and structure their investment operations
  • Community players (incubators, accelerators, and research institutions) that wish to build their first fund

Who can join

  • Curious about early-stage investment
  • Have intention and financial capabilities to invest (min. 50,000 NOK)
  • Want to gain access to early-stage startups
  • Available to participate in weekly program activities
  • Willing to share experiences and learnings

Please Note: all investor participants confirm to be financially capable to invest at least the minimum investment amount NOK 50.000 and have the intention to do so, but it is not obligated to invest unless it is of mutual interest between investors and startups at the end of the program. 

Previous Speakers

Read more about VC Challenge

Shifter: Smart Innovation Norway starter fond


Main Sponsor

Contributors

Norwegian Venture Capital Association

Global Innovation Catalyst

Alliance Venture

Momentum Partners

Permian

Idekapital

Investinor

Selmer

Schjødt

Oslo Business Region


Oslo Kommune

CONTACT PERSON

Eirik Nerdal

Investor Manager

[email protected]

+47 90033575

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