Abstracts
Résumé
Cette étude sur les réseaux structurés de business angels porte sur l’évolution des critères de sélection des projets entrepreneuriaux en vue d’un financement, entre deux stades successifs du processus, à partir de données réelles et d’évaluations à chaud. Au niveau de la présélection, les instructeurs chargés d’étudier les projets exigent de tout projet d’être porté par des entrepreneurs qui présentent des compétences managériales fortes tout en proposant simultanément un plan d’affaires qui paraît crédible. Au stade de la plénière en revanche, les business angels se soucient particulièrement de l’avantage concurrentiel des projets. Les entrepreneurs doivent inspirer confiance aux business angels tout au long du processus de sélection alors que leur capital social ne semble pas pris en compte par ceux-ci.
Mots-clés:
- Entrepreneur,
- Start-up,
- Business angels,
- Critères d’investissement,
- Sélection de projets,
- Investissement
Abstract
This study on structured business angels’ groups focuses on the evolution of the criteria for the selection of entrepreneurial projects candidates for financing, between two successive stages of the process, based on actual data and real-time evaluations. At the pre-screening stage, the coordinators responsible for studying the proposals require any project to be carried by entrepreneurs who have strong managerial skills while simultaneously proposing a business plan that seems credible. At the oral pitch presentation stage on the other hand, business angels are particularly concerned about the competitive advantage of projects. Entrepreneurs must be trusted by business angels throughout the screening process while their social capital does not seem to be considered by business angels.
Keywords:
- Entrepreneur,
- Startup,
- Business angels,
- Investment criteria,
- Screening of projects,
- Investment
Resumen
Este estudio sobre las redes estructuradas de Business Angels se enfoca en la evolución de los criterios para la selección de proyectos emprendedores de financiación, entre dos etapas sucesivas del proceso, basadas en datos reales y evaluación en tiempo real. En el nivel de pre-selección, los instructores encargados de estudiar los proyectos requieren que todos los proyectos sean propuestos por empresarios que tengan sólidas habilidades gerenciales y simultáneamente propongan un plan de negocios que parezca creíble. En la etapa de sesión plenaria, los Business Angels están particularmente preocupados por la ventaja competitiva de los proyectos. Los empresarios deben inspirar confianza a los Business Angels a lo largo del proceso de selección, mientras que su capital social no parece ser tomado en cuenta por los Business Angels.
Palabras clave:
- Contratista,
- Inicio,
- Business Angels,
- Criterios de inversión,
- Selección de proyectos,
- Inversión
Appendices
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