Carao Ventures Acceleration Program offers the most promising startups a comprehensive package of resources over a period of 4 to 6 months. The goal is to promote momentum -and a feeling of urgency- among talented teams of entrepreneurs to advance their ideas fast and diligently and turn them into attractive business opportunities.
DemoDays are the culmination of the Acceleration Program. They are private events in which CV investors come to the CV Office to see the presentations of the startups that have gone through the formation, planning and validation phase that the Acceleration Program provides the entrepreneurs. Over the last 3 weeks of the Acceleration Program, CV partners and mentors will work with the entrepreneurs to prepare and rehearse the best presentation possible. The idea for the entrepreneur to take advantage of a 20min timeframe to present the company, the team, the opportunity and investment proposal to the CV Angel Network, in order to secure the round of financing needed to execute the next phase of the startup’s development.
After DemoDay is completed, CaraoV helps the startups with the necessary procedures to close the round of financing, and build an active and constructive board of directors. Through an advisory role or a spot in such board of directors, a CV partner contribute in the execution of the business plan and assure that the capital is adequately spent, protecting the Company, the founders and the investors’ interests.
We partner with startups with the potential to grow quickly and sustainably. Our primary focus is on companies that are currently targeting a specific regional market with a real opportunity to expand (to all of Latin America and) globally. We are looking for the brightest technical founders and most devoted entrepreneurs with an emphasis on execution.
In essence, what we are looking is:
Besides these main criteria, we encourage candidate startups to consider timing as a critical aspect of the application. Try to apply to Acceleration Program at the stage in which you feel that your startup is in better positioned to take advantage of the resources offered by CV.