WHAT IS OUR PAB PROGRAMME?
The purpose of this programme is to group you with like-minded female founders who have the same business goals and are at a similar stage of their business as you.
You will work with your peers to discuss business challenges and have investors give insight through the process. For many sole female founders it is important to find a supportive and like-minded group of female founders to discuss the growth of your business.
Why do PABs work?
Peer Advisory Boards allow you to gain new perspectives from other founders with similar business goals and ambitions that provide you an outsider’s objective opinion vital for your company’s growth and development.
– Emotional support as well as professional advice to give you encouragement and comfort you may not know you need. It’s healthy to share problems and issues.
– Connections and networks, someone on yourPAB may have connections to help you grow or expand your company.
WHAT NEXT CHAPTER OFFERS
– Our pairing process allows you to match with a suitable group of female founders
– A structured work-plan as well as worksheets and tips.
– Advice and support directly from investors giving specific insights to help your company seek funding and set goals.
WHY ARE WE FUNDING FOCUSED?
For getting ready for funding, businesses mainly focus on 3 key aspects; growth, scalability, market-fit, and team. Even if you are not sure if you are at the stage to look for funding or if this is your next step, meeting funding requirements will be beneficial for the growth, development and profitability of your company as a whole.
HOW IT WORKS:
The 3 month programme will be run from September to November 2019.
WHO IS THIS PROGRAMME FOR?
We review and look to group together female founders who are:
- past the ideation stage and have their first or more products launched.
- considering how to build on their first successes to scale their products or into another market
- considering if capital or funding would be the right fit to help them grow
- wanting to nail their pitch document
- building their team out
- interested in building a collaborative and supportive peer group to help grow their business
We do detailed matching and as needed interviews to work towards the right fit.
HOW DO WE SELECT AND GROUP FOUNDERS?
1) Each participant submits an application answering key questions to facilitate assessing and grouping founders
2) Each application is reviewed and detailed analysis and matching process occurs to ensure you are paired with founders who match your goals and have a similar level of business maturity as yourself.
3) Groups are also reviewed to ensure no business overlap or competition which could cause conflicts.
4) Consideration is given to investor expertise and industry focus in selecting entrepreneurs.
As we have limited spots available, not all applicants will be successful. However applicants can work with Next Chapter to reapply for future PAB cohorts.
Who are our Investor Cohort leads?
As our Investor in Residence, Georgie McNee will be available to answer your questions in a private messaging group during the programme. This will provide support and ongoing guidance as your group covers different topics to grow your business.
Georgie is a CFO with proven ability to grow start-up and scale-up businesses focusing on KPIs and cash management. Her background is PwC London and in-house Merger & Acquisitions in publicly listed companies, buying and selling businesses, private equity, private investors and with raising capital for post revenue start-ups. She is an angel investor in fast growth scale-ups with investments in the UK, Australia and USA.
As one of our Investor Cohort Leads, Christine Yu is Founder and Managing Partner of Lapidary, a venture focused on impact investments in South East Asia (Philippines, Thailand and Myanmar) and select Hong Kong opportunities. Lapidary both invests in and incubates early to mid-stage, for-profit and mission-focused companies across a wide spectrum of social and environmental impact mandates. A key area of focus for Lapidary has traditionally been the consumer sector, particularly within sustainable fashion, given the outsize potential for fashion as a vehicle for awareness and positive behavior change.
Christine is also an active angel investor and leads the Hong Kong chapter of AngelVest, a Greater China- focused angel investing group with a network of angels across the region. She currently serves on the Advisory Committee for the Mentoring Program of The Women’s Foundation.
Based in Hong Kong, Farook Jamal from Mark Mason’s Investments has extensive experience in launching and managing fashion and consumer brands in global markets. He utilises his deep domain expertise in enabling start-ups refine their business models and identify market opportunities with input on critical areas like product design, marketing and sales.
Farook focuses on both consumer and enterprise start-ups by providing access to knowledge, resources and funding. His passion for contributing to the ecosystem focused on start-up ventures in Asia is matched by his knowledge of global consumer markets as well as his exciting global network of contacts from varied industries and backgrounds.
TOP 10 BENEFITS TO JOINING OUR PEER ADVISORY BOARDS:
A peer advisory board can provide an opportunity to discuss ideas, issues or wins and concerns in a supportive and positive environment, that many sole founders do not have.
When it is your own company it is easy to become emotionally attached to your business. Having an outsider’s perspective may help you to see your business and associated challenges in a whole new light.
Our detailed matching process allows you to match with a suitable group of female founders who are all focused on similar business goals, plus gives you the opportunity to deep dive into your businesses together.
Next Chapter’s PAB’s provide advice and support directly from investors giving specific insights to help your company seek funding, set funding goals or growth plans and identify business challenges.
Multiple cohorts and investors, plus alumni and experts, allow you to connect into a community that is continually growing. This community can also give you emotional support and professional advice, which is the right encouragement you may not know you need.
Leverage structured work-plans as well as worksheets and tips, on key growth topics that help you with market fit, team structure and scalability. These are all crucial areas to get right for investment and growth.
Peer Advisory Boards allow you to gain new perspectives from other founders with similar business goals and ambitions that provide you an outsider’s objective opinion vital for your company’s growth and development. This can be like a shortcut to growth.
Opportunities to find similarly minded women who you may be able to build business partnerships and contribute to your business’s growth.
Even if you are not certain if you require funding or if this is your next step, meeting funding requirements will be beneficial for the growth, development and profitability of your company as a whole which your competitors may not have considered.
A member of your PAB or the community, many have connections and networks to help you grow or expand your company.
WHAT YOU GET FOR $349 USD:
Matched with like-minded, professional female founders in a small group
Structured work programme to support your group meetings
Access to investors via events and webinars including our ‘Investor in Residence’
Access to our directory and discover over 250 female-focused funding organisations
Access to female entrepreneurs community in this cohort and Next Chapter community
50% off our “Get Funding Savvy” online course and 1-1 coaching support
Submit your company profile, and/or investment organisations on our directory
Apply now for our 3 month programme running from September to November 2019.
FREQUENTLY ASKED QUESTIONS
Each application is reviewed and detailed analysis and matching process occurs to ensure you are paired with founders who match your goals and have a similar level of business maturity as yourself.
Each group will be 6-8 female founders.
Each female founder is expected to participate in the Launch and Close Events and join your group’s scheduled events. You will also be expected to prepare for each group meetings based on the workplan provided at the Launch Event.
We go through a detailed application and matching process. If you have concerns about the fit with your group we will work with you to determine the next best steps. As groups are set at the beginning we can move people between groups of offer a refund on the programme.
At the Launch Event we will go through the programme in detail and introduce you to the investors and fellow founders in your group and cohort. As the programme is self-guided by the group, at the Launch Event we will facilitate your group to discuss ways to communicate. We would recommend a minimum of 1 meeting per month as a group.
For each group we will have different investors and these will be communicated as part of the application process.
An investor will be assigned to one group. They will review your application information and join the Launch and Close Events to give insights and feedback on your company information and pitch documents.
No, the programme does not guarantee investment. However during the programme you will meet investors via the Next Chapter network who may be interested in investing you.
You will continue to be included in the Next Chapter community and informed of new funding opportunities that arise. Exclusive discounts to our other services are offered to alumni of our programmes as well as early bird specials and access to limited events.
At Next Chapter we are a community of over 3000 entrepreneurs, investors, accelerators, media and supporters all actively supportive of preparing women to increase their access to funding.