VP Advisors CEO, Violet Pacileo was invited to present on fundraising for start-ups to FEW Japan (“For Empowering Women in Japan”).
Pacileo talked about various funding methods and opportunities startups can apply to kick start their business, including government subsidies, bank loans, and funding from different types of investors. Pacileo’s company applied for the METI Revitalisation Grant and successfully won the award. Her company used this subsidy to build a riverside CrossFit retreat in Otoyo, Kochi.
While she encourages fellow women entrepreneurs to find potential investors, Pacileo explained the risks of giving too much equity to VCs: “If you have a startup and you give up too much equity, you won’t have a say in where your company is going to go. It’s really important not to [let that happen].”
Her financial and entrepreneurial advice from her rich and unique experiences can speak to entrepreneurs looking to start a business in Japan.
Please click here for the event summary.
About FEW Japan
For Empowering Women (FEW) in Japan is an exceptionally active and ever-growing Tokyo-based network. They are a collective of globally-minded, English-speaking women who motivate, inspire, and connect with one another through powerful programming, intimate gatherings, and a constant exchange of new ideas.