Seed Starter Česká spořitelna becomes co-owner of Investown
Investown is the first startup in the Czech Republic to receive an investment from Seed Starter Česká spořitelna.
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What is Seed Starter?
Seed Starter is a program of Česká spořitelna for startups, which seeks business ideas with a strong vision and value for customers. The program offers investment in equity in the seed phase (initial phase), professional incubation (financial and management support) and a wide network of partners and customers with whom it can connect startups and help them enter the real market. Seed Starter targets Czech and foreign startups, which could ideally have a synergistic effect with Česká spořitelna.
Incubation: supporting start-ups with an innovative product — financial support and mentoring, business plan assistance and other development assistance
Seed Starter connects the big world of banks with innovators
“Seed Starter is looking for promising startups whose development the bank intends to support through professional incubators and investments through the purchase of an equity stake. In this way, the ambition of Česká spořitelna is to strengthen partnerships with interesting startups and to find a way in which the cooperation of an established bank with a large portfolio of clients and a new firm with an innovative approach to solving client needs can be beneficial for both parties and beneficial for the end client. “
“In this way, Česká spořitelna's ambition is to strengthen partnerships with interesting startups and new companies with an innovative approach to solving client needs. “
Why Investown?
“We chose Investown.cz especially because it fits perfectly with the mission of Česká spořitelna to lead clients and the whole company to prosperity. We want to increase the financial literacy and health of people in the Czech Republic and we are glad that more and more of them realize that investing is an effective way to value their money, whether in the context of financing housing, education or old-age provision.” explains Jiří Skopový, manager of the Seed Starter program.
“Investown.cz in this sense fits perfectly with our mission, because its founders are thinking in the long term.
They don't just want to raise as much money as possible from investors in the shortest amount of time, but they want to build a service that will be here for the next 200 years. “
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“We are a seed fund of a different kind. We help companies that are serious about their business plan and aim to grow in the long term and sustainably. If you only want wealth and fame, go for the house further. But if you have a great idea, a strong team and a clear plan, get in touch. We are here to offer you help, inspiration and education. “
“Investown can enjoy the position of the fastest growing investment platform in the Czech Republic, based on the increasingly popular method of group investing. Prospective startups are certainly not sleeping on their laurels. On the contrary, Investown's team is working diligently to develop the project further. “
Also participating in the Seed Starter project are startup incubator UP21 and boutique innovation firm Unicorn Attacks, which consults startups, corporations and investors on how to best succeed in the current market and successfully expand abroad. Unicorn Attacks teams connect elite creatives with top managers.
What does Investown say about it?
We really appreciate the cooperation and trust of ČS, mainly because Česká spořitelna is the oldest bank in the Czech Republic and Seed Starter was created under the direction of real experts with 20+ years in the industry who really understand what they do and what makes sense to invest in. This gives us a huge incentive to bring the best possible investment service to the people of the Czech Republic and we will continue to do everything to make it more than 100% successful.
Sources:
https://www.csas.cz/cs/o-nas/pro-media/tiskove-zpravy/2020/09/02/investtown-cz-jako-prvni-startup-ziskal-investici-v-programu-seed-starter-ceske-sporitelny
https://www.seedstarter.cz/cs/blog-novinky/investown-prinasi-sirsi-vyber-investicnich-prilezitosti-do-premiovych-realitnich-projektu
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