A few years ago, Village Capital’s co-founder, Ross Baird, posted “Why Most Entrepreneurs Hate Fundraising — And How to Fix It,” about the lack of a common language between entrepreneurs and investors, and the frustration and wasted time rooted in mismatched expectations.
That’s the problem we set out to address with Abaca.
Abaca helps you take an assessment of your company’s overall investment readiness. It benchmarks your company from Level 1, a founding team and an idea, to Level 9, a market-leading company, and its matching algorithm finds appropriate resources for your startup.
For more than a decade, those who have participated in our training around the world have found that doing a self-assessment was “a confronting experience, thought-provoking” and that Abaca is “an amazing and clear tool that is very helpful for entrepreneurs.”
As an entrepreneur, it takes only a few minutes to complete a self-assessment. Your company’s overall investment-readiness level, along with sector, region and other profile information, will point you to the right stage of funding and assistance. Category-specific levels identify milestones you’ve achieved and need to achieve before your next raise (if relevant) or next big expansion.
With Abaca, you will be able to benchmark the progress of your company easily and will learn a common language that will be helpful to use with investors, mentors, and your team as you seek capital and resources in order to grow.
The online network, with more than 4,000 entrepreneur and investor members, matches your startup with good-fit investors, support organizations, and resources. It will also facilitate how you share information about your progress.
This Global Entrepreneurship Week, entrepreneurs can get started for free. Join Abaca today.