Our Evaluation Process
We start the evaluation of your business or ideas by reviewing your proposal summary.
You need to address the key areas of our Proposal Submission guidelines including a
description of the product or idea and the market opportunity.
We will contact you within 14 days of your submission and let you
know whether or not we are interested in learning more.
If we are interested in your proposal a preliminary due diligence period will ensue during which we will:
- Investigate your technological claims.
- Examine the market opportunity.
- Make basic checks on your history, business structure (if existing) and references.
Upon satisfactory review of these preliminary business issues we will discuss terms of the
investment and business relationship.
Upon mutual acceptance of basic terms, we will complete the due diligence process, which for
some issues will be in greater depth than the original evaluation period.
The end product will be a due diligence package which includes responses to questions, copies
of legal documents and agreements, studies, surveys, etc. This package will also be used to
facilitate future fundraising efforts.
When the business and legal due diligence issues have been adequately addressed, we will proceed
to have the necessary documents drafted by legal counsel. We find that this whole process takes
from two to four months.