BiD Network aims at innovation and growth small and medium enterprises, firms, businesses, sole proprietorships that must meet the following criteria. A business plan application:
1. Is written in English or in Spanish 2. Has as Country of Business an Emerging Economy 3. Has a financing requirement of between US$10,000 and US$1,000,000. 4. Aims to be a profitable business in the next three years. 5. Is a growth business (employees or sales growth is more than 30% per year) 6. Meets the Social and Environmental requirements. (for details concerning this see the Social and Environmental exclusion list below).
The following business plans will not be eligible to make use of services of the BiD Network:
• Production or activities involving harmful or exploitative forms of forced labour /harmful child labour. • Production or trade in any product or activity deemed illegal under host country laws or regulations or international conventions and agreements. • Production or trade in weapons and munitions. • Production or trade in alcoholic beverages (excluding beer and wine) • Production or trade in tobacco. • Trade in wildlife or wildlife products regulated under CITES • Production or trade in radioactive materials • Production or trade in or use of unbonded asbestos fibres. • Commercial logging operations or the purchase of logging equipment for use in primary tropical moist forest. • Drift net fishing in the marine environment using nets. • Production or trade in products containing PCBs or ODSs
Bid Network Colombia Invests In These Industries
• Biotechnology
• Lifestyle
• Business Products and Services
• Marketing / Advertising
• Clean Technology
• Media and Entertainment
• Computers and Peripherals
• Medical Devices and Equipment
• Consumer Products and Services
• Mobile
• Education
• Nanotechnology
• Electronics / Instrumentation
• Networking and Equipment
• Financial Services
• Other
• Food / Drink
• Retailing / Distribution
• Gaming
• Semiconductors
• Healthcare Services
• Software
• IT Services
• Sports
• Industrial/Energy
• Telecommunications
• Internet / Web Services
• Travel
Bid Network Colombia Invests In Companies That Have Reached The Following Milestones
Prototype Ready - $3M in Trailing 12 Mo. Revenue
Concept OnlyProduct In DevelopmentPrototype ReadyFull Product Ready$500K in Trailing 12 Mo. Revenue$1M in Trailing 12 Mo. Revenue$3M in Trailing 12 Mo. Revenue$5M in Trailing 12 Mo. Revenue$10M in Trailing 12 Mo. Revenue$20M in Trailing 12 Mo. Revenue$50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. Revenue ►◄ Concept Only
Bid Network Colombia Invests In Companies With These Funding Needs
Pre-money Valuation: $500,000 - $3,000,000
Capital Seeking: $100,000 - $1,000,000
Previously Raised: $50,000 - $1,000,000
Bid Network Colombia Expects Their Investments To Generate
Expected Revenue By Year 5: $10,000,000 - $50,000,000
Expected Returns: 10x Investment - 30x Investment
Expected Years to Exit: 2 Years - 7 Years
Expected Years to Break Even: 1 Year - 3 Years
Bid Network Colombia Investment Portfolio
Not Available
Group's Activity
Applications in last 30 days: 0
Days average screening time: 61
Until first view: 60 days
Member log ins in last 30 days: 0
Active members: 7
New members last 12 months: 0
Average views per deal: 0
Ask to Join as an Investor
Are you an accredited investor? Ask to join Bid Network Colombia by filling out their Membership Application.