GVI partnered with an American fund that offers initial seed or early stage funding in the form of a loan. The loan is given in excellent, and unprecedented conditions: No Interest (yes that is 0 interest!), 45 months payment plan. The loan is subject to the conditions of the fund and of GVI, which we will be more than happy to discuss with you – no strings attached!
The loan is for 90k ILS and is managed and planned by GVI together with you to get you as close as possible to the big funding of up to $1m USD.
No you are not. The loan will be given to you, after examining the business potential of your venture, even if you have no other funds of your own at all. However, if you can match the loan it will go a long way to show you’re serious and will promote you further and faster.
The fund requires 3 guarantors to the loan (family members are acceptable, provided they have been earning at least 3k ILS per month in the past year and show potential for future earning).
You need to start paying the loan back immediately, from the first month. The payment is of about 2k ILS per month.
Yes you can! Just talk to us.
I already have my business plan written and I have done my market research. Do I have to get your full service, or can I select which services apply to me?
You do not have to work with our experts at all. You can choose your services as you need them. However, we highly recommend that you do employ the expertise and knowledge of our mentors and specialists, to make sure you have everything you need and that it all supports your venture and your chances of raising funds from Angel Investors and VCs. Keep in mind that out mentors have a reputation that goes a long way with the major VCs and Investors in Israel through past experiences and personal connections. Using their services, essentially puts them on your team, bulking up your appearance, making a better impression.
Do I have to use the services of your mentors and specialists? Or can I pay to get the same services from external service providers?
As we said before, you are not obligated to use any of our services. Just keep in mind that the concept we created at GVI allows you to get services from Israel’s leading professionals in the fields of Business Development, Marketing, Legal & IP and more, for affordable (lower than their usual) prices. This will ensure your arrival to the finish line ready to present your venture to important Investors and VCs.
What happens if I burn through the loan (by purchasing services) within a few months, but my venture is not yet ready to pitch to Investors?
If that happens, GVI will assist in getting you additional funding from the American trust fund we work with and/or from other Investors. However, part of the GVI concept is that we plan your budget and strategy with you so that the loan will get you through to the stage where you are ready to pitch.
Is the program limited in time and if so - what is the limit? (is it a few months like accelerator programs? Or 2 years like in other Incubators?)
Another unique advantage that sets GVI apart from all other accelerators and Incubators in Israel is that it is not limited in time. Basically, we care about you and as long as you are serious about your venture and about your vision, we are there for you and with you, having your back.
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