Ecosummit TV: Carsten Schneider is a Partner of the law firm Osborne Clarke in Cologne, Germany. At ECO13 Berlin, he gives an overview of the new German law called “Investitionszuschuss Wagniskapital” that was launched on 15 May 2013 and is managed by BAFA (Federal Office of Economics and Export Control). The law constitutes a public venture capital subsidy for private investors that get a 20% investment grant for their investments into startups. The target group are business angels (natural persons or their solely owned investment vehicles that are based in the EU). As many angel rounds consist of a syndicate of angels, a single investor may get this grant for investments of maximum €250K per year. Per startup investments of up to €1M per year will be supported. Eligible startups must have their headquarter in the EU, a registered office in Germany, less than 50 employees and maximum €10M revenues. While Carsten believes that this grant will have an impact on shareholder agreements, it is a very good initiative for angels and the startups they support.Read more
Ecosummit TV: As Brad Feld and Jason Mendelson write in Venture Deals, 2 key things matter in a term sheet negotiation: economics and control. Carsten Schneider is a German Partner at the European law firm Osborne Clarke. In his presentation at ECO12 Düsseldorf, he gives condensed legal advice to cleantech startups and also discusses term sheets. During the lifetime cycle of a cleantech startup from seed stage to exit usually a number of financing rounds take place during which the interests of the startup, existing and new investors have to be balanced in a smart and sustainable way. In fact, the relationship between founders and investors is exit-driven and entrepreneurs should understand what this means in reality – for them and their startup.Read more
Europe’s cleantech scene meets at the Langen Foundation. 15 sponsors are joining.
Press release – Berlin, 24 October 2012: Ecosummit is the Smart Green Business Network for startups, investors and corporates. Europe’s cleantech scene gathers at Ecosummit Düsseldorf 2012 on 14 and 15 November at the Langen Foundation. The international conference focuses on competitive cleantech, resource efficient business models, renewable energy, sustainable mobility, smart green city, venture capital and Lean Cleantech Startup.Read more
Europas Cleantechszene trifft sich in der Langen Foundation. 15 Sponsoren sind dabei.
Pressemitteilung – Berlin, 24. Oktober 2012: Ecosummit ist das Smart Green Business Network für Startups, Investoren und Konzerne. Europas Cleantechszene trifft sich auf dem Ecosummit Düsseldorf 2012 am 14. und 15. November in der Langen Foundation. Auf der internationalen Konferenz geht es um wettbewerbsfähige Umwelttechnologien, ressourceneffiziente Geschäftsmodelle, erneuerbare Energien, nachhaltige Mobilität, Smart Green City, Venture Capital und Lean Cleantech Startup.Read more