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CPUK - Centre for the development of Međjimurske županije

by innoWerft | Feb 29, 2024 | Innoclusion, Innoclusion Labs, Innoclusion Partner

Living Lab in Croatia The Croatian organisation CPUK provides social care in the northern region of Croatia and has deep experience and knowledge about the needs and problems of people with disabilities Beside this expertise we have a huge network of organisations and...

What is a Zebra company, and how does it combine profitability with social impact?

by innoWerft | Feb 15, 2024 | Glossary entry

Zebra companies are start-ups that are characterised by their striving for social responsibility, environmental awareness and sustainable business practices, without losing sight of profitability.

What is a convertible loan, and how does the conversion into company shares work?

by innoWerft | Feb 15, 2024 | Glossary entry

Convertible loans are a form of financing that offers investors the opportunity to convert the borrowed capital into equity shares in the company under fixed conditions, typically during a future financing round.

What is a VSOP and how does virtual employee share ownership work?

by innoWerft | Feb 15, 2024 | Glossary entry

A Virtual Stock Option Plan (VSOP) offers an innovative form of employee participation by granting virtual options that can be converted into monetary payments in the event of certain events such as a company sale.

What does ‘vesting’ mean, and how does it help retain founders and employees in the long term?

by innoWerft | Feb 15, 2024 | Glossary entry

Vesting is the process by which employees, founders or investors acquire their shares or share options over a fixed period of time, thereby promoting their long-term commitment to the company.

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