Fund – Itnig Blog

June 22, 2023June 29, 2023

Coworking in Poblenou Barcelona is the Right Move for Everyone

As the freelance scene continues to excel and startups emerge at an all-time high rate, the importance of finding the ideal workspace has become essential. In the ever-moving district of Poblenou, Barcelona, freelancers, entrepreneurs, and startups are discovering a dynamic and supportive environment that impulses their professional growth. Although there are many reasons why coworking in Poblenou is the perfect choice for individuals and teams seeking inspiration and success, we will share some of the most important ones.

A Thriving Tech and Innovation Ecosystem

Poblenou has also earned its reputation as the city’s innovation district, attracting a wealth of tech companies, creative agencies, and forward-thinking organizations. By putting yourself in this vibrant ecosystem, you gain access to a diverse community of people who think alike that are pushing boundaries and driving innovation. From networking events to coworking spaces, much like Itnig Spaces, Poblenou offers ample opportunities to connect and collaborate with professionals from various fields. These spaces, additionally foster partnerships and knowledge sharing between professionals.

Inspiring Industrial Heritage and Contemporary Design

Poblenou’s unique blend of industrial and modern design creates an inspiring backdrop for coworking spaces. Former factories and warehouses have been transformed into cutting-edge work environments, blending exposed brick walls, high ceilings, and natural light with sleek and ergonomic furnishings. Without a doubt, this combination of historical charm and contemporary aesthetics builds a creative atmosphere that enhances your work experience.

Collaborative Culture and Networking Opportunities:

Coworking spaces in Poblenou cultivate a collaborative culture, encouraging interaction and knowledge exchange. Whether it’s engaging in stimulating conversations in the shared areas or participating in organized meetups and workshops, you’ll find countless opportunities to expand your professional network and build meaningful connections. Also, the supportive community of freelancers, entrepreneurs, and startups is eager to share insights. Other key points are offering assistance, and collaborating on projects to boost your professional growth.

Access to Essential Amenities and Services

Poblenou boasts a wide range of amenities and services that cater to the needs of freelancers and entrepreneurs. From top-notch coffee shops and eateries for informal meetings, like Itnig Spaces, to coworking spaces and fitness places. Additionally, Poblenou offers excellent transport links, ensuring convenient connectivity to other parts of the city and beyond

Proximity to Innovation Hubs and Venture Capital

Poblenou’s strategic location places you in close proximity to renowned innovation hubs and venture capital firms. Furthermore this proximity offers invaluable opportunities to connect with industry leaders and attend pitch events. There is one hosted by Itnig Spaces every Thursday where they bring special guests to judge and teach! Get your tickets here and have a great networking session or a space to present your work. Being in the heart of the action enhances your visibility and positions you for success in Barcelona’s thriving startup ecosystem.

Choosing to cowork in Poblenou is a strategic decision for freelancers, entrepreneurs, and startups. Specially when seeking an environment that fosters creativity, collaboration, and growth. It has thriving tech and innovation ecosystem, inspiring industrial heritage, collaborative culture, essential amenities. Moreover, Poblenou provides the perfect background for turning your entrepreneurial vision into reality. Join the community in Poblenou and unlock your full potential as you embark on an exciting professional journey.

April 25, 2023May 18, 2023

Capital Funding for Startups; Non-Series Funding

In terms of financing your startup, it is crucial to understand the capital funding available for startups. There are a lot of ways to fund your startup and finding one that fits you best is key.

Self-Funding

Self-funding a startup is when the startup founder(s) invest their own capital fund or find other ways of funding without the involvement of a third party.

Bootstrapping

It is the practice of using your own funds to finance your startup venture. Bootstrapping can be utilized in various stages of your startup! For example, you can use your own savings to build your business and when you already have an established company, you can re-invest the revenue into the company’s growth. One of bootstrapping’s most attractive features is the fact that you have complete control of your startup since there is no exchange of capital for equity. On the other hand, it is more likely for the startup to have a slower growth rate at the beginning while the founder(s) take a bigger financial risk.

Bartering

Bartering is an exchange of goods and services without the exchange of money. It is a way of funding your startup since you can reduce costs by exchanging, for instance, your service in return for the lending of a local. In addition, is necessary to know the monetary value of your services before exchanging them for it to be a fair trade between parties. This method helps startups to reduce costs and expenses; nonetheless, it also means having to provide, in some cases, more services than expected.

Credit Cards

Using personal credit cards to fund a startup is a recurring practice but the biggest downside is having high-interest rates. To do it, make sure you first know the amount of interest you would have to pay, as well as the penalties and repayment plans you get.

Angel Investors

Angel investors are high-net-worth individuals who provide financial backing to entrepreneurs and startups. This type of investor usually looks for riskier ventures mostly in their starting stages and is interested in a high ROI (Return On Investment). They are also on the lookout for interesting and feasible opportunities. In some cases, the Angel Investor is part of the founder’s closest circle of family and friends who make a one-time investment.

Crowdfunding

Crowdfunding means having involvement in some digital platforms. These platforms can have a global reach to potential investors. for your early-stage startup that seeks a part of your equity. To go more in-depth on crowdfunding check this out!

Venture Capitalists

On opposite ends of angel investors, Venture Capitalists, usually referred to as VCs, are private equity investors that provide capital to companies. VCs want a high growth potential in exchange for an equity stake. They tend to find young businesses with a high potential for growth and development. Additionally, VCs are known to normally invest through a firm.

Incubators & Accelerators

Both incubators and accelerators have a thorough applying process. When looking be sure to look into the network and mentors that can be found in the chosen solution. As far as timelines, accelerators have a set one while incubators do not. Above all be sure to join the one that fits your specific needs. Ask yourself where your startup is in terms of growth since that could determine the best choice for you.

As can be seen, there are many different paths to finance a startup. Notwithstanding, there are more solutions that are not mentioned! Do your research on capital funding to know which one works best for your situation. Furthermore, always keep in mind what you feel most comfortable with.

December 30, 2020December 30, 2020

What is crowdfunding and how does it work?

What is crowdfunding? Like many others, crowdfunding is a funding/investment tool used by many people around the world. Nowadays, it has become very popular among startup founders. When starting a project, it is difficult to obtain external financing, and crowdfunding is a good solution to that problem. Early stages are always the most difficult ones regarding the economic situation of the business, but you can learn about how to raise funding for your startup by reading our article.

Going back to crowdfunding, it is very likely that the term sounds familiar to you, but what exactly is it about? Crowdfunding platforms allow people from all over the world to contribute their money to all those projects they have found interesting. You could say that these small investors are like micro-sponsors.

December 18, 2020December 18, 2020

How to raise funding for startups

In this guide, you will learn how to raise funding for startups depending on the stage where your business is.

Before turning an idea into a project, every entrepreneur has to study how to raise funding for startups. Funding is key for it to survive, and the founding team should be aware and have a clear idea of which are the different types of investment the company might need throughout the different stages of its life cycle.

How to raise funding for startups – Itnig

December 4, 2020December 6, 2020

Funding for startups, what every entrepreneur should know

The Spanish startup ecosystem keeps growing but there’s still a lot of questions among founders regarding investment and fundraising. Every entrepreneur should know how to choose the most appropriate funding for their startup, and how and when to approach investors/funds.