EDP Ventures supports an unprecedented tool that helps entrepreneurs in accessing capital
The Capital Access Map (MAC), headed by Endeavor, is the first country guide developed to connect entrepreneurs to the best practices of access to capital
EDP Ventures, the EDP Group's venture capital investment vehicle, is supporting the Capital Access Map, a complete and unprecedented guide in Brazil that offers concepts, instructions and good practices to access nine financing alternatives for companies - angel investment, seed, A/B series, growth capital, private equity, working capital, credit lines, debentures and venture debt.
The Endeavor initiative, a global network formed by entrepreneurs ahead of the fastest growing scale-ups in the world, aims to help entrepreneurs to make better decisions on access to capital, according to the company's growth moment and strategy. Access the MAC here: https://capital.endeavor.org.br/.
Endeavor built the MAC with the support of more than 40 mentors from the network, experts from more than 25 specialized organizations - including investor networks, funds and advisors - and with insights from more than 400 mentorships carried out in the last four years.
To prepare the Capital Access Map, equity and debt challenges of startups and scale-ups were analyzed:
"EDP Ventures has become a benchmark in the Corporate Venture Capital market in Brazil for following the best international practices and for always being" founder friendly "in its relationship with startups. Being an Endeavor partner supporting the MAC represents a way to help further strengthen the entrepreneurial ecosystem in the country. We know the need for preparation, as well as the challenges that need to be overcome in order to attract investments. For this reason, we believe in the importance of the platform to provide access to contacts, knowledge and best practices for all entrepreneurs in the country in their different business moments ", highlights Rosário Cannata, Investment manager at EDP Ventures Brasil.
Sponsored by EY and EDP Ventures, the EDP Group's Venture Capital vehicle, Endeavor's Access to Capital Map presents the characteristics of each of the nine alternatives to access capital and what is the process (step by step) used to access them.
“It is especially symbolic that the year in which Endeavor celebrates 20 years in Brazil is precisely the year in which entrepreneurs need, as never before, our support and that the country needs, as never before, our entrepreneurs, because scale-ups they are the major generators of innovation, employment and competitiveness in Brazil. The role of "MAC" is to provide the tools so that entrepreneurs can go after the main fuel to drive the growth of their companies: capital, "says Camilla Junqueira, General Director of Endeavor.
In addition, the guide also offers mappings of ecosystem players, which includes:
- Fund map with more than +140 funds, early and late stage, with description of your investment theses;
- List of fintechs with more than 70 companies offering credit and other services to companies;
- List of 23 development banks and development agencies, showing the type of financing they grant to companies;
- Credit lines map with the lines offered by BNDES, Finep, BRDE and Banco do Nordeste, with details of the financing conditions offered.
About EDP Ventures
With over 20 years of experience, EDP is one of the largest private companies in the electricity sector operating in the entire value chain. Created in May 2018, EDP Ventures Brasil is the first investment vehicle in the Brazilian electricity sector, with resources to be allocated to startups operating in six verticals: renewable energy, smart grids, energy storage, digital innovation (blockchain, IoT, big data, virtual reality), customer-focused solutions and crosscutting areas (legal techs, fintechs, hrtechs).
Since 2008, EDP Group's Venture Capital conduit s have invested 38 million euros globally in 33 startups, which together employ more than 1200 employees and have more than 140 million euros of revenue per year. Interested people can visit www.edpventures.vc for more information.
About Endeavor
Endeavor is a global non-profit organization with a mission to accelerate entrepreneurs who accelerate the country's growth. In Brazil since 2000, it promotes a business environment that stimulates the growth and impact of people ahead of scale-ups, high-growth companies with a scalable and innovative model.
Thus, it is decisive for the generation of more than 48 thousand jobs and R$ 9 billion in revenue annually, through support and acceleration programs that have impacted more than 600 entrepreneurs. In 20 years of operation in Brazil, the organization also influences the emergence of public policies that simplify the Brazilian business environment, paving the growth of companies that can be decisive for the country's growth.
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About EY
EY is a global leader in Audit, Consulting, Tax, Strategy and Transaction services. Present in more than 150 countries, it aims to build a better business world. Our insights and services help to build confidence in capital markets and economies around the world. In Brazil, we form a team of five thousand professionals and have offices in 12 cities. With the wave space ™ collaborative innovation center, Cybersecurity Center and Analytics Hub, EY is ready to support companies in the digital transformation and disruptive movements of 4.0 Industry.