LitBAN Startup advisors program in partnership with Global Lithuanian Leaders (GLL) and Baltic Management Institute (BMI)

This cooperation was inspired by the Forum of Global Lithuanian Professionals of 2017 when the participants of the workshop ‘Lithuania – Future Valley of Unicorns’ developed the idea to engage diaspora professionals in the development of ecosystem of early stage startups facilitating advisory – financial support to prospective business ideas.

LitBAN Startup Advisors Program functions as the advisory stage within the deal-flow of startup investment by LitBAN network members. All early stage entrepreneurs has an opportunity to receive valuable advise from global Lithuanian professionals with profound expertise in the represented markets or sectors upon demand.

For the successful connection, Startups shall be precise in the formulation of the request for advise and pay the disciplinary fee, Advisors shall be careful in selecting a startup to advise.

The advisory process shall proceed as follows:

Startups register

on LitBAN platform with specific request for advise

Startups register

on LitBAN platform with specific request for advise

LitBAN Admin reviews

the registrations every Friday and forwards summarised information to advisors matching the requested market and sector

LitBAN Admin reviews

the registrations every Friday and forwards summarised information to advisors matching the requested market and sector

Interested Advisors respond

to Admin for more information or for direct connection

Interested Advisors respond

to Admin for more information or for direct connection

LitBAN Admin makes individual connection

as soon as the Startup pays introduction fee of 50 euros per connection

LitBAN Admin makes individual connection

as soon as the Startup pays introduction fee of 50 euros per connection

Advising methods and times are coordinated directly between the Advisor and the startup. In two months after the connection, Admin contacts the Start-up for feedback and further actions.
If you have any questions about this program please feel free to contact us.

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