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January 29, 2007

Holtzbrinck Ventures Wants To Fast-Forward Startups

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fastf.gifHoltzbrinck Ventures put out a press release today announcing it is making up to €150K available to founders to finance their web-services and Internet project from prototype to market-entry. If the project proceeds to the point where a round of VC is raised, the cash converts to equity. They're looking for ventures not older than 12 months and ones that have not raised any institutional capital yet. There is an email address to contact in the page we linked to below.

While it's quite venturesome of Holtzbrinck Ventures to make such an offer, we're just wondering what's the rush? If someone can explain that one to us, please hit the contact us button in the right hand column and fire off an email.
Read - Holtzbrinck Ventures GmbH Schnellvorlauf statt Stotter-Start (presseportal.de)

Posted on January 29, 2007 01:34 PM | Posted to News And Updates | Permalink

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