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Process Description

by Molly Deringer last modified 2008-01-03 17:23

How to connect with IC members

1. Application

Our process begins with an online application. In order to be evaluated for inclusion in our company database or considered for a venture fair presentation, you must complete this application. We recommend that you review our company criteria as well as our application guidelines before beginning an application.

The format of our application is similar to an executive summary of a business plan, however we ask that entrepreneurs be quite concise and frame their content as a "pitch" to investors. Our application guidelines provide specific questions or subtopics for each section of the document to help you produce an application that is sufficient for our investors' initial review.

Application deadlines usually occur 3 months prior to a Venture Fair.

2. Investors' Circle Staff Review

IC will review your application within 3 weeks of its submission to determine whether your company is a good fit for the Investors' Circle network. An IC staff member will contact you requesting any specific additions or revisions to your application.

3. Application Fee

Upon determining that your company is a good fit for the IC network, we will request that you pay our $150 application fee. Once we receive this payment, we will post your company summary to our online database, highlight your company in the upcoming e-newsletter, and forward your application on to be considered for a forthcoming venture fair presentation.

4. Selection Committee Process

Each season we coordinate 5 groups of our member investors to review applications in each primary interest track (Energy & Environment, Food & Organics, Health & Wellness, Education & Media, and Community & International Development). Over the course of a month, these selection committees read all applications accepted into the network over the previous six months. Some companies may be asked to provide additional information, such as a full business plan, to assist in the committee’s due diligence. The results of this selection process will be announced to entrepreneurs roughly 5 weeks prior to the venture fair.

5. Venture Fair Preparation

Investors' Circle will work with presenting companies during the month proceeding the venture fair to prepare a Powerpoint presentation and other materials needed for the event. Each Powerpoint will be critiqued by a selection committee during one scheduled conference call. We will also host a mandatory run-through of presentations on the day proceeding the venture fair at the conference venue.