Are you a TFTP shareholder?

Invest directly in our stars!

At the time of investment, the platform that will carry the direct investment of our shareholders (Tudigo or Keenest), will create an SPV (special purpose vehicle), i.e. a company within which all shareholders wishing to invest in the Team for the Planet star will be grouped together.
You will therefore be a shareholder in this SPV, which will itself be a shareholder in the star.
This is the usual procedure when a large number of investors acquire a stake in a company, in order to facilitate its management.
Fees are paid by both the SPV and the "étoile" to manage the SPV during the years leading up to liquidity (when the SPV is dissolved), and to cover the costs of fund-raising (legal, communication, platform and personalized information fees, etc.).
When the SPV's shares are redeemed (see the "liquidity" section), the SPV company is dissolved, and the liquidation surplus is distributed among the shareholders. So, for example, if you have invested €10,000, and the SPV is redeemed 3 times its initial investment, you will receive €10,000 times 3 less the amount of the SPV's fees and taxes that apply to the capital gain.

In principle, yes in almost all cases, but please check with the platform and/or your bank or legal advisor when you invest in the company.

In principle, yes in almost all cases, but please check with the platform and/or your bank or legal advisor when you invest in the company.

Team for the Planet shareholders benefit from an advantage called "investment priority".
This means that for a period of time (from 1 to a few days, depending on the fundraising), only TFTP shareholders will be authorized to invest.
If the fundraising objective is reached, the fundraising stops and only TFTP shareholders will have been able to participate.
Once this period has elapsed, non-shareholders of Team for the Planet can in turn subscribe.

Yes, there will be a more detailed annual report on the star in which you have invested.
Your representative for this star is one of the Team for the Planet managers, who will be your interface and will be able to provide you with more detailed information on its progress.

From a financial point of view, Team for the Planet investors who take shares in a star can realize a capital gain within a time horizon of around 5 to 7 years.
Liquidity depends on the existence of an exit opportunity, i.e. someone wanting to buy back the shares in the star held by the SPV. This liquidity is not guaranteed, and there is a risk of losing the entire investment if the star fails to be attractive.
Team for the Planet may, depending on the situation, intend to remain a shareholder in the company or to exit by reselling the shares.
The choice depends on the exit opportunities offered, the wishes of the founders, and discussions with the star's other shareholders (the SPV, and any investment funds present in the capital).
If Team for the Planet prefers to stay and this solution is possible, the SPV's shareholders will be able to exit in 3 possible ways:

• by capital reduction (in this case, the star will buy back the SPV's shares with a capital gain). In most cases, this is done with the help of a bank, which will finance the share buyback (this is known as an LBO).
• by a new shareholder wishing to take a stake in the company (an investment fund or industrialist), or by the company's management.
• through a share buy-back by Team for the Planet, if TFTP has the means to do so and wishes to strengthen its capital position.

If Team for the Planet prefers to exit, the SPV's shareholders can exit by a third party (investment fund or industrialist) buying back 100% of the star's shares.
There are specific clauses in the shareholder pacts that TFTP signs with its stars, which guarantee that the SPV and TFTP will not be "stuck" without possible liquidity:

• Implementation of the tag along clause: when the founders lose control of the company to a shareholder or a third party (following share sales or the issue of new shares), this clause offers investors who so choose immediate liquidity on the same terms as those offered.
• Liquidity through the secondary market: You can resell the shares you hold in the SPV at any time. They are not subject to an approval right, which means that you can sell your shares.

Team for the Planet only offers shareholders the opportunity to invest directly in innovations that have achieved their technical and commercial objectives, i.e. that have already significantly de-risked the investment compared to when TFTP first invested.
The following steps are generally completed and validated:

• the CEO recruited by TFTP is in place and forms a functional duo with the innovator(s)
• the first customer has been found and sales generated
• the technical development milestones that TFTP's investment allowed for in the investment note projections have been achieved.

These are the basic criteria, but exceptions may be proposed. Please refer to the proposed fundraising documentation for each star.

Yes, all TFTP shareholders have access to direct investment.

The amount will depend on the particular fundraising. On average, it will range from €500 to €1,000, but may be higher or lower than this in some cases.

Investing in an innovative, immature SME is a risky business. It's essential not to invest more than you can afford to lose without consequences for your everyday life.

We estimate the SPV's ability to exit the star to be between 5 and 7 years. It is therefore within this timeframe that a return on investment can be achieved.

We can work with any type of platform: Tudigo, Keenest, Lita or others. The choice is made according to the type of investor targeted (more professional or more general public), the amount to be invested, and availability at the time.

The fund-raising platform usually offers a reporting system enabling you to track the star's progress on a quarterly basis.
Example: https: //aide.tudigo.co/fr/reportings

The share price is negotiated between the platform and the star.

The platform will generally evaluate a range of potential financial returns. Be aware that these ranges are very difficult to calculate.

The climate dividend will be distributed to the SPV, which will then redistribute the individual climate dividend to each shareholder.

The valuation at which Team for the Planet is entered is available in the initial investment memorandum, itself available on the star presentation sheet on the TFTP website. The proposed valuation for the direct shareholder investment round will generally be higher.

Team for the Planet negotiates preferential conditions with the platforms. Fees are negotiated on a project-by-project basis. They are announced by the platform on the dedicated fundraising website.

The proposed investments are in equities.

The information provided on the platform is what you need to make your decision with a full understanding of the issues at stake. It's more detailed than Team for the Planet's standard reporting, and comes from the analysis of the platform, which has a dedicated team and accepts only a small proportion of the projects submitted to it.

In general, Team for the Planet reinvests just before or at the same time as associates who subscribe to direct investments.

Yes, for projects using the Keenest platform, no for others.

No, only the representative of the SPV in which you are a shareholder will take part in the Star's AGMs.
However, TFTP's representative on the Star will always be available to answer any questions you may have, all year round.