Registration and Onboarding
Researchers, Founders, Talents, Lab or Facilities and Mentors.
These categories can all apply via the application form and choose an account type.
A response is sent and you get to activate your wallets and access your dashboard.
Investors & Funders
For funders or investors however, there is a special processs.
Since we don't operate an open crowdfunding platform, rather a cooperative venture fund, we demand that you get invited via an invite code into the cooperative.
This means on the registration dashboard, as an investor, you will have to request an invite code, if you have not been invited by anyone or a friend.
You will be required to fill a Co-op investment form where all your interests are noted and documented. Your details are confirmed within 7 working days and the invite code is sent to you if your membership application is accepted.
This is essential to also protect the innovators whose hard work are on the platform on display.
On reception of invite code, you're required to register, and you'll be prompted to make a transaction of $50 to activated your wallet which is the membership registration fee to be in the community.
Continuous Membership Fees
On a yearly basis, investors and cooperative members are required to pay a sum of $200 membership fee to remain members and have access to deals.
Upon completion of registration, the funder has access to their dashboard where they can see researches or startups to fund.
The deals are laced with layers of information sought by funders including due dilligence details and funders can choose between peer to peer options using their P2P wallent of funding or can depend on Tribinnov Co-Ops investment decisions by using the Coop wallets that moves funds periodically for funding of brands deemed fit.
Investment & Format
Minimum investment is placed on a yearly basis. Every funder can only invest a minimum of $1,000 per year however, this isn't done at once.
In other words, a coop member can put the funds in their wallets in bits of $50, $100, etc weekly, monthly and so on, they can have cummulative funds to move into startups or research funding rounds. Every member gets access to a minimum of 4 deals to be a part of.
Minimum yearly investment per coop member is $1,000 yearly and maximum is $20,000.
Indiviuals providing above $20,000 or Cooperative investors join Syndicated Rounds also facilitated and managed by the Syndicate Fund Session of our digital investment plaform.
Funding Models
One reason our fund is not solely a VC is o we can have flexible funding models.
There are 5 funding models which are:
- Direct Equity
- Converitble Notes or SAFE Rounds
- Trade Finance / Shared Profit Funding
- Debt Financing
- Grants
And of course, we facilitate outright aquisitions together with our partners.
Further details can be obtained via a requested call to our COOP and fund managers.
Fill Request FormHow We Select What We Build
For our StartUp Studio as well as our incubators, we have 5 major criteria we use in selecting our ideas to research or build our as a company.
Unique Founders, Vision and High Proof Of Commitment
Does this founder or founding team have the skills, vision and passion to push through and succeed?
For us, dedication and resilience is key. Other factors we look out for in founders include diversity of experience, critical and strategic thinking, charisma, track record, network, competence to solve that problem and most importantly ability to execute.
The Problem: Frequency vs Intensity - Impact
We want to know , problem being worked on, is this a problem faced by many? How intensive is this problem? Is it something they will really need or want to have? If this isn't a problem, is this a real pain reliever, gain creator or essential service? How much impact would this have? We'll be looking out for these in the ideas.
Falls Within Our Focus Industires
In order for us to have effective focus and build a focus and build a viable ecosystem, all ideas we'll select must be in one of the ten thematic areas or a bridge of two to three areas.
Unique Idea Or MVP
Is the idea (he problem and solution) compelling? What does the execution, quality, attention to detail, and technology look like? Are there others doing it better or this is a solution only few have thought about it. Is there an MVP already?
Traction, Growth & Market Potential and Possibilities of Speedy Growth
At the incubator, we check it there been measurable progress, growth, and social proof? Is there a team? A possible path to profitability or revenue? How big is this market? Has there been some customer validation or idea testing?