TU-E4100 - Startup Experience D, Lecture, 7.9.2022-9.12.2022

Prepare cash flow plan for 9 to 15 months and a one-pager document explaining your rationale and assumptions, especially how you will utilize the cash and investment.
There is a template attached for you to use but feel free to make changes as you see fit. 

Guidelines and things to keep in mind for your funding plan 

• Calculate minimum expenses to get to revenue, including fixed expenses (salaries, salary expenses, office space) and liquid expenses (marketing, manufacturing, travel etc.).
• Find out about potential grants from Business Finland, TE-Keskus and other authorities and foundations in Finland. Google “startup grants Finland” for more info. Add realistic grant opportunities to your budget.
• Fill in the rest of the income needs by estimating investment opportunities (FFF, angel, seed) and possible bank loans depending on your teams’ capabilities and collateral.
• If your monthly cash at hand is a negative number, it's "game over" 
• Be realistic and explain by providing a rationale on your assumptions and numbers.