Brussels, 12 Dec 2005
An online self-assessment tool intended to help entrepreneurs develop a clear and convincing business plan that will attract investment has been upgraded. SAT-Pro has been developed by InvestorNet, a European network of venture capitalists, supported under the European Commission's Gate2Growth action.
While SAT-Pro's predecessor SAT-Light gave a 'completeness scoring' based on answers to questions, the improved tool provides feedback on not only the completeness of a business plan, but basic financial aspects from an investor perspective.
SAT-PRO benchmarks the business plan against investor expectations and the quality of other business plans presented. It also highlights areas for improvement.