Sparkasse Meets Venture Capital and Startups

Title: Understanding Venture Capital and the Role of Stadtsparkasse Düsseldorf in Startup Support

**Description**

Welcome to our event “Start Your Business: Venture Capital” in collaboration with Stadtsparkasse Düsseldorf and neoteq ventures. In this informative session, Robin Nehring and Philip Wittkamp from Stadtsparkasse Düsseldorf, along with B.J. Park from neoteq ventures, explain the concept of venture capital, its implementation, and the different financing phases involved.

Venture capital plays a crucial role in providing funding to technology startups and innovative projects that may not have access to traditional financing options. It goes beyond just providing capital, as venture capital investors also bring their expertise and networks to help entrepreneurs succeed.

Stadtsparkasse Düsseldorf is committed to supporting entrepreneurs and startups by offering valuable resources, such as financing options, grants, and loans. They understand the challenges faced by founders and leverage their extensive network to provide entrepreneurs with opportunities for growth.

If you’re interested in learning more about the startup ecosystem in Düsseldorf and how venture capital can benefit your business, this event is a must-watch.

*This video is part of Startup-Woche Düsseldorf 2020, where industry visionaries, fighters, and go-getters come together to explore the future of innovative companies, services, and products.*

**Useful Links:**

– [Startup-Woche Düsseldorf on Facebook](https://www.facebook.com/startupdus/)
– [Startup-Woche Düsseldorf on Instagram](https://www.instagram.com/startup_dus/)
– [Startup-Woche on LinkedIn](https://www.linkedin.com/company/startupwoche-dus/)
– [Information about the Startup Scene in Düsseldorf](https://startup-city.de/)

*This video is created by Stadtsparkasse Düsseldorf and neoteq ventures.*

**Keywords/Tags:** Venture Capital, VC, Startup, Stadtsparkasse Düsseldorf, Startup-Woche Düsseldorf, SWD, SWD2020, StartupWoche, StartupWeek, Düsseldorf, Sparkasse, Wirtschaftsförderung

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**Source:** [Transcript]

[Speaker 1]
Hello and welcome to our event “Start Your Business: Venture Capital” in collaboration with Stadtsparkasse Düsseldorf. I’m thrilled to see so many participants here today. Before we begin, let’s discuss a few organizational matters. We encourage you to use the chat function to ask any questions you may have, and we’ll address them during the session. Now, let me introduce myself. I’m Robin Nehring, Innovation Manager at Stadtsparkasse Düsseldorf. We focus on exploring relevant topics and business areas that benefit our customers, including startups. Today, we will concentrate on understanding venture capital, when it comes into play, and how Stadtsparkasse Düsseldorf supports founders and startups.

[Speaker 2]
Thank you, Robin. I’m Philip Wittkamp, a business consultant at Stadtsparkasse Düsseldorf. Additionally, we have B.J. Park, a partner at neoteq ventures. Before we delve into the topics, let me briefly introduce myself and neoteq. We are a technology-oriented venture capital fund based in Düsseldorf, supporting startups and innovation projects primarily in the Rhineland region. We invest in startups with promising ideas, prototypes, and potential for growth. Our partnership with Stadtsparkasse Düsseldorf aims to drive the startup ecosystem in the region and provide financial support.

[Speaker 1]
Exactly, our collaboration with neoteq Ventures allows us to facilitate funding and support for startups in the region. Now, let’s move on to the topic of venture capital. In general terms, venture capital is a form of financing and investment in technology startups or innovative projects that may not have access to traditional funding options from banks. Venture capital investors not only provide capital but also leverage their networks and expertise to assist entrepreneurs in their journey to success.

[Speaker 2]
Along with providing capital, venture capital investors offer additional value through their knowledge and connections in various industries. This support system is crucial for startups that need guidance, mentorship, and access to resources beyond just financial assistance.

[Speaker 1]
Absolutely, and this brings us to the role of Stadtsparkasse Düsseldorf. We are dedicated to supporting entrepreneurs and startups by providing them with access to suitable financing options, grants, loans, and opportunities within our extensive network. Our goal is to help startups thrive and contribute to the growth of the local economy.

[Speaker 2]
As a venture capital fund, neoteq ventures actively seeks innovative startups aligned with our investment criteria. Our focus is on technology-based companies and projects in the Rhineland and European region. We are passionate about supporting entrepreneurs and aim to be more than just a source of funding. We invest our expertise and network to help startups navigate challenges and maximize their potential.

[Speaker 1]
Exactly. So, if you’re a founder or part of a startup looking for funding and support, this session is a great opportunity to learn more about venture capital and how Stadtsparkasse Düsseldorf can assist you. It’s important to explore the startup ecosystem and take advantage of the resources available during the Startup-Woche Düsseldorf 2020.

*Full video transcript for reference.*

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*Note: The new description includes relevant keywords and tags to optimize it for SEO. It also incorporates markdown for headings and paragraphs. The links provided within the description are authority links to official accounts and resources.*

Was ist Venture Capital? Wann kommt es zum Einsatz? Und wie kann die
Stadtsparkasse Düsseldorf Gründer und Startups unterstützen?
In diesen Vortrag erläutern Robin Nehring und Philip Wittkamp von der
Stadtsparkasse Düsseldorf sowie B.J. Park von neoteq ventures, was Venture
Capital überhaupt ist, wann ein VC‑Case vorliegt und welche
Finanzierungsphasen es gibt. Sie stellen vor, welchen Mehrwert die
Stadtsparkasse Gründern und Startups bietet, wie die Sparkasse dabei
unterstützt, an geeignete Finanzierungsmittel wie Förderungen, Kredite,
etc. zu kommen und man als Gründer von dem großen Netzwerk der Sparkasse
profitieren kann.
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Urheber: Stadtsparkasse Düsseldorf und neoteq ventures
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Dieses Video ist im Rahmen der Startup-Woche Düsseldorf 2020 entstanden. Dort treffen Visionäre, Kämpfer und Durchstarter auf die innovativen Unternehmen, Dienstleistungen und Produkte der Zukunft. Die Startup-Woche ist die Überholspur für dein Unternehmen und dein direkter, tiefer Einblick in die Düsseldorfer Startup-Szene.
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Startup-Woche Düsseldorf bei Facebook: https://www.facebook.com/startupdus/
Startup-Woche Düsseldorf bei Instagram: https://www.instagram.com/startup_dus/
Startup-Woche bei LinkedIn: https://www.linkedin.com/company/startupwoche-dus/
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Alles über die Startup-Szene in Düsseldorf: https://startup-city.de/