The Investment Readiness (IR) Booster Workshop was delivered to participants from five key ecosystem builders in Bangladesh
As a follow-up to the first Investment Readiness (IR) Booster Workshop held in March, the Biniyog Briddhi (B-Briddhi) programme organized a second session in its continued support of fostering the impact ecosystem in Bangladesh. The workshop was conducted with five ecosystem builders on August 6, 2023.
The core focus of the workshop was to enhance the Investment Readiness knowledge and skills of the service providers, particularly in financial modeling and valuation. The workshop was attended by five service providers Bangladesh Angels Network, BetterStories Limited, Startup Chattogram with De Tempete Limited, Turtle Venture and Truvalu.enterprises.
This workshop was designed to provide participants with a comprehensive understanding of financial modeling and analysis in the context of business and investment decision-making. Over the course of four sessions, participants were introduced to essential concepts and tools used in financial modeling and gained insights into interpreting financial data from an investor’s perspective.
Participants were also tasked with an interactive group activity, where they developed financial models based on case studies developed by the LightCastle team. Based on the information provided, participants built their own assumptions and integrated them into an excel worksheet which was later presented to the wider audience.
The key takeaways from the session have been summarized below:
To conclude the workshop, Asif Khan, CFA, conducted an open Q&A session where participants were encouraged to ask any questions about financial modeling and valuation for impact enterprises. This interactive segment allowed attendees to glean valuable insights from an esteemed industry expert, shedding light on strategies for enhancing financial management within enterprises, which serves as a complementary asset to both investment raising and decision-making processes.
Biniyog Briddhi is a multi-year program, supported by the Embassy of Switzerland in Bangladesh and implemented by Roots of Impact and LightCastle Partners. Set up as a public private development partnership (PPDP), the programme strives to improve the financial, social, and environmental performance of impact enterprises by helping them to master investment readiness and impact management and get ready to access innovative finance to scale.