What is mandate of the Mobile Info Solutions Fund?
The Mobile Info Solutions Fund offers seed-stage investments to innovative startups within the mobile Internet sector.
Why did The Paliwoda Group establish the Mobile Info Solutions Fund?
We see the mobile Internet sector generating opportunities on par with, or greater than, the PC Internet. We think several new NYC-based companies will become leaders in this sector as it matures, and the Mobile Info Solutions Fund will empower them to realize their full potential.
Does the Mobile Info Solutions Fund focus on specific segments within the mobile Internet sector?
The Mobile Info Solutions Fund is agnostic about mobile platforms, but targets companies with long-term standalone potential in the following areas: enterprise and consumer productivity applications; interactive and casual gaming; location-based services; mobile advertising; mobile commerce; mobile presence; mobile analytics; aggregation of services; mobile virtual worlds; near-field communications; payments and mobile banking; rich media content delivery; and mobile user interfaces.
How much will the Mobile Info Solutions Fund invest in each startup company?
The Mobile Info Solutions Fund tailors investments to the unique requirements and value propositions offered by each selected project. We look to develop long-term relationships with our entrepreneurs by defining the value we can add to a project not just though financial support, but also by providing mentoring opportunities to team members. In many instances, challenges that a startup faces may be overcome by informed advice rather than just financial support that dilutes the equity of existing stakeholders.
In how many companies will the Mobile Info Solutions Fund invest?
In as many great projects as we see. We'll add more money to the fund when needed.
How may I submit a business plan for consideration by the Mobile Info Solutions Fund?
Please submit preliminary information about your business here. We respond to most applications within two weeks.
May I submit more than one business plan?
No. We review one business plan from each project team.
Can you sign a Non-Disclosure Agreement (NDA) prior to my submitting a business plan?
No. We cannot sign a Non-Disclosure Agreement before our initial review of your business plan. When you have concerns about key pieces of intellectual property, please exclude these from your presentation and simply note these areas as trade secrets.
What if I'm turned down for funding?
We recognize it takes more than just money to grow a business, so even if we cannot invest funds in your business we may help in other ways. You could be referred to an associate within Paliwoda Ventures who can help you refine your business plan or assist you with moving your business through key operational milestones. We welcome entrepreneurs to re-submit if there are material changes to their business.
Does Paliwoda Ventures provide grants?
No. We require equity in a business in return for funds invested.
I'm an entrepreneur with more questions. With whom may I follow up?
You may contact us here. We will respond to you as soon as possible.
I am a member of the press. Whom should I contact for more information?
Please contact Nira Paliwoda.