**A program from founders that helps new Polkadot founders build products that add value to the ecosystem and become investment-ready.**
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**The Problem:**
Thanks to the Polkadot Blockchain Academy, people gain the technical knowledge to build on Polkadot. However, more than technical knowledge is required to build a successful product on Polkadot. Founders must articulate their value proposition, get early product traction, discover product market fit, etc. These skills often need to be improved in most startup teams. PolkaBiz focuses on all the business aspects that founders need to know. 

**Our Solution:**
As founders ourselves, we deeply understand the challenges and solitude that come with building a company. We personally relate to the hurdles you encounter, from securing funding to forging partnerships and scaling your business. Therefore, in close collaboration with the PBA, we will  launch an initial test of the PolkaBiz program designed to prepare a select group of founders for “investment readiness” ahead of Polkadot Decoded in Brussels (July 2024).  

During the investment night (July 11) organized by PolkaBiz, our participants will be significantly better equipped to engage investors with a polished elevator pitch. Leading up to the event, we will collaborate with founders to refine their pitch decks, fine-tune their lite-papers, and co-develop their business value propositions, ensuring they present their ideas in the most compelling way possible.

After this 5-month trial period, an evaluation will determine whether an initiative like PolkaBiz benefits founders within the Polkadot ecosystem. The community will then decide based on feedback from the founders, partners, and investors.

More information can be found in the [Google Doc](https://docs.google.com/document/d/14v-8B0dkkxj3GW5bQaMsV20mSKl7ECLissJxCQu7CmU/edit?usp=sharing)

**The amount we ask for is $75,500 USD, any amount received over this amount due to an increase in price in DOT, will be returned to the treasury.**

**A program from founders that helps new Polkadot founders build products that add value to the ecosystem and become investment-ready.**

**The Problem:**
Thanks to the Polkadot Blockchain Academy, people gain the technical knowledge to build on Polkadot. However, more than technical knowledge is required to build a successful product on Polkadot. Founders must articulate their value proposition, get early product traction, discover product market fit, etc. These skills often need to be improved in most startup teams. PolkaBiz focuses on all the business aspects that founders need to know. 

**Our Solution:**
As founders ourselves, we deeply understand the challenges and solitude that come with building a company. We personally relate to the hurdles you encounter, from securing funding to forging partnerships and scaling your business. Therefore, in close collaboration with the PBA, we will  launch an initial test of the PolkaBiz program designed to prepare a select group of founders for “investment readiness” ahead of Polkadot Decoded in Brussels (July 2024).  

During the investment night (July 11) organized by PolkaBiz, our participants will be significantly better equipped to engage investors with a polished elevator pitch. Leading up to the event, we will collaborate with founders to refine their pitch decks, fine-tune their lite-papers, and co-develop their business value propositions, ensuring they present their ideas in the most compelling way possible.

After this 5-month trial period, an evaluation will determine whether an initiative like PolkaBiz benefits founders within the Polkadot ecosystem. The community will then decide based on feedback from the founders, partners, and investors.

More information can be found in the [Google Doc](https://docs.google.com/document/d/14v-8B0dkkxj3GW5bQaMsV20mSKl7ECLissJxCQu7CmU/edit?usp=sharing)

PolkaBiz  - Where founders forge investment-ready innovations.

Treasury

- **Problem Statement:** Lack of business skills among Polkadot founders despite technical knowledge from Polkadot Blockchain Academy.
- **Significance:** Enhancing founders' business skills is crucial for building successful products on Polkadot.
- **Proposed Solution:** Launching the PolkaBiz program to prepare founders for investment readiness through refining pitches, pitch decks, lite-papers, and business value propositions.
- **Expected Outcomes:** Improved founder engagement with investors, potential for increased funding, and enhanced business growth within the Polkadot ecosystem.

#657 PolkaBiz - Where founders forge investment-ready innovations.