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Investment Criteria


Since the Funds were established with specific goals in mind, companies chosen for investment must meet the criteria below:

  • The company must have its primary place of business in Ohio, or intend to move to Ohio upon funding.
  • Technology must be a primary driving force for the company's business. The current focus areas for investment are:
    • Advanced Materials related to advanced polymers, ceramics, composites, carbon fibers and nanotubes, and specialty metals and alloys
    • Aero propulsion Power Management
    • Fuel Cells and Energy Storage
    • Medical Technology related to imaging, surgical instruments/equipment, implant devices, and regenerative medicine
    • Software Applications for business and healthcare
    • Sensing and Automation Technologies
    • Situational Awareness and Surveillance Systems
    • Solar Photovoltaics
  • The First Fund will typically provide the first investment of capital outside of the founder and his/her "friends and family".
  • With the capital supplied by the Fund, the company should be able to reach significant milestones, and be in a position to attract conventional equity funding upon the completion of that work.
  • The company should be following a business model and targeting a market which will make it attractive to venture capitalists in its later stages.

Members of the Fund will make the final determination regarding how well a company meets these and other investment criteria.




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