To be considered an eligible investment the venture will need to demonstrate some or all of the following characteristics.
- a strong and experienced management team which is financially committed to and rewarded by the company’s success;
- a strong competitive position as a result of superior technology, innovative products, comparative cost advantage, established market position, significant barriers to entry and/or dominant distribution in its market;
- with respect to expansion funding, a reasonable expectation of earnings growth based on past financial performance or a strong likelihood of new market success;
- with respect to start-up or early stage funding, a sound business plan with proof of concept that presents a convincing opportunity to establish a competitive business in a growth market;