We consider projects from different sectors and industries. We don’t have any restrictions at this moment, as long as the ideas meet all of the legal requirements. The pool of investors has a wide variety of interests and expertise.
Click here and fill in the form to take your idea from concept to a startup! Once you fill the form, the idea is received by our innovation and development team who will create an “Idea Concept Validation Report”.
All ideas are presented. The explained ideas go from the form sent by the “ideator” to our innovation and development team who develops a concept validation: searching for similar businesses, drafting an innovative business model, size of the market, average investment required (initial capital and operating expenses for up to a year) and other specific variables depending on the type of business. Once we have this, we present an “Idea Concept Validation Report” to investors. They select the projects according to their interests and give a “green light” to start the structuring process. Prior to presenting the “Idea Concept Validation Report”, investors must sign a non-disclosure agreement and an “idea protection policy agreement”.
The “idea protection policy agreement” is all about protecting the ideas and assuring that ideators and the FWD Ventures team are going to develop the project. Investors sign the agreement which states that if they (investors) develop the idea without the ideator and FWD Ventures for a three (3) years time frame, they will have to pay a penalty clause of $1,000,000 USD (yes, one million dollars); without prejudice to other fines for additional damages that a judge in an arbitration court decides to impose on the investor in favor to the ideator and FWD Ventures. FWD Ventures works as one with the ideator, always!
A percentage (50%) of this penalty clause will be charged by FWD Ventures for the monitoring, intervention and legal processes; the other 50% will be for the ideator. This protection lasts for three (3) years.
Due to the changes in the markets, the evolution of the industries and the continuous developments of startups, ideas tend to lose their validity after one year. But we have assured this protection lasts three (3) years to have security that it will be us (the ideator and FWD Ventures) who will develop the idea.
From idea to launch, the process can take between five (5) months to twelve (12) months, depending on the complexity of the idea/project.
The equity of the ideator will be attached to the amount they are willing to invest in the structuring of the project. This is limited to up to 15% of the project. We have optimized and standardized the costs of structuring projects so that they have a cost around $25,000 USD. This includes the development of the business and strategic models, marketing, legal, financial, and investment and acceleration models; as well as putting together the team to develop the project. The rest of the costs are covered by FWD Ventures, investors and the development team.
The ideator must be an advisor member of the project. As such, once the startup starts operations, the ideator will receive a monthly income equivalent to a minimum wage, and on an annual basis they will receive dividends, according to what the board of directors decide. They may be part of the board of directors or delegate hers/his participation to FWD Ventures.
The equity in a typical project is up to 15% to ideators, 85% to FWD Ventures and the development team. Once investors back the project, the equity is redistributed; but keep in mind that even if percentages are changed, the value of the equity rises. That means your equity will be worth more!
All documents and plans on the startup are yours and given to you. If you decide to build the idea you are free to do so; after all it is your idea!
Also, you can apply with another idea. Our “Idea Protection Policy” guarantees you that no investor will develop any idea without you, the ideator. This Policy protects your idea with a penalty clause of $1,000,000 USD (yes again, one million dollars).
Of course! Bringing ideas that apply in other countries or regions and adapting them to a new market, makes your idea innovative in that new market where you would like to develop it. FWD Ventures will develop an “Idea Concept Validation Report” to identify the growth potential of that idea.
Our investors are interested in North America at this moment. For news on other countries, subscribe to our newsletter and you will be the first to know.
Step 1: You send us your idea; which is protected with our “Idea Protection Policy.”
Step 2: Your idea is received by our innovation and development team who develop an “Idea Concept Validation Report.”
Step 3: The “Idea Concept Validation Report” is presented to investors. Once selected by investors, we contact the “ideator”. The ideator must decide if she/he wants to carry on with the process and also invest in the structuring of the project.
Step 4: FWD Ventures assembles the team to structure and develop the project. We look for a perfect fit between expertise and passion for the industry and project.
Step 5: Once the team is assembled; the structuring and development to reach a Minimum Viable Product (MVP) and tests are made to have a proof of concept; this takes a term of 16 to 32 weeks. Initial Seed investment is given by investors to reach this milestone.
Step 6: When the proof of concept is reached (traction of the project is gained), investors pump in cash in order to start running the business. FWD Ventures and the assembled team fully run and operate the startup.
FWD Ventures is located in Miami, Florida; the Sunshine State!
Click here to go to our contact page and get all our information.