Moneris develops project evaluation tool for IAPMEI
A programme that helps to evaluate if a business idea is economically viable or not has been developed by the business management consultants Moneris.
The tool developed for the Portuguese Government’s competitiveness and innovation agency IAPMEI which helps support and develop SMEs, is based on a Microsoft Excel program. The software helps evaluate an investment project and tests its assumptions to see if they stand up to scrutiny.
The new tool is available in two versions — a five and 10 year analysis program and is described as a “powerful support for companies and entrepreneurs to support “structuring a business idea or an investment project”.
Moneris states that it works by “inputting assumptions so that the program will automatically project financial results; balances, financial evaluation, financial ratios and produce complementary graphs that provide a support for the investor(s) when the time comes for investors to make a decision as to the profitability of the investment and its economic viability”.
The new instrument has been made available by IAPMEI to help structure a business idea or an investment project, but also facilitate the evaluation and analysis of new investments. It also helps to support negotiations and discussions with stakeholders and financiers.
Moneris’ Corporate Finance area and Moneris Academy have been working on several projects with IAPMEI, in order to train entrepreneurs and entrepreneurs, so that they can develop their investment projects and business plans, maximising the potential of their viability, sustainability and profitability.
This project follows the development of dozens of training sessions in financial literacy, which Moneris has given throughout the country alongside the institution promoting competitiveness and innovation in SMEs.