Advanon wins VentureKick I & II
Very recently, Advanon won the second stage of VentureKick and got awarded with CHF 20’000. Our online platform that shall make financing of small & medium businesses (SMBs) easier and more flexible, now got a total of 30’000 CHF awarded by them!
Started in September 2007 VentureKick provides spin-off projects at Swiss universities with pre-seed capital, coaching and access to professional investors. Members from a jury pool (100+ leading startup experts across Switzerland) evaluate and support 16 spin-off projects in three sessions every month.
Since the inception of the program, 350 startup projects were supported with CHF 13.760.000 in pre-seed capital (up to CHF 130.000 per VentureKick winner), which attracted CHF 602.000.000 in financing volume. Additionally, the supported startups received hands-on coaching during 197 kickers camps.
We are very happy with the awards! They also interviewed one of our co-founders, Phil Lojacono, about the news – and the future of Advanon and its alternative factoring solution. A link can be found below.