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20 Nov 2024 | |
WIB-Capital Region News |
EWIB-Capital Region, WIB-Capital Region |
On November 12, 2024, the Capital Region Executive Women in Bio (EWIB) Committee hosted a webinar focused on crafting investment pitches for startup companies. Participants from across the US and Canada joined to learn strategies for securing funding and growing their ventures. The session was led by Dr. Fehmida Kapadia, founder and president of Kapamed Consulting, who has expertise in entrepreneurship, business strategy, and innovation. Dr. Kapadia offered attendees practical guidance on positioning their startups for success.
She began the session by polling attendees on the stages of their ventures, with many identifying as either aspiring entrepreneurs or in the research phase of technology development. Dr. Kapadia provided an overview of the journey from ideation to market launch, emphasizing three critical pillars of a successful venture: technology, talent, and funding. She discussed various funding strategies, including non-dilutive sources such as grants, which are ideal for early stages, and dilutive options, like investment funding. She detailed what investors seek, such as a differentiated product, value proposition, clear market opportunity, strong development roadmap, go-to-market strategy, fundraising goals, and a capable team. Attendees also gained insights into securing initial funding, which is often the most challenging. Dr. Kapadia noted that once early funding is secured, it serves as validation, encouraging additional investment. Additionally, she highlighted the benefits of targeting niche markets with less competition rather than broader “billion-dollar” markets to gain early traction.
The interactive session sparked engagement among attendees, with many sharing LinkedIn profiles and networking ideas. One participant suggested forming a peer group to provide feedback on startup pitches. Dr. Kapadia concluded the webinar by offering complimentary 30-minute consultations to attendees.
Key takeaways included:
The event was a testament to the vibrant community of aspiring entrepreneurs eager to learn and grow together.
Submitted by Nao Gamo