Phase II
Phase II funding is available to Small Business clients seeking to add value to a C&AS technology acquired through Phase I funding. Phase II funding is also available to Research Institution clients seeking to make a C&AS technology more attractive to a potential licensee identified by the Finder & Advisor Service search.
Features
| USE OF PROCEEDS |
- C&AS technology development only
- No expenses or overhead
- Amount varies with need
- 1:1 matching funds required
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| ELIGIBILITY |
- Small Businesses and Research institutions
- Finder & Advisor Service clients only
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| INVESTMENT MANAGEMENT |
- Milestone-driven
- Regular progress and final reporting
- Board observance/appointment
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| DEAL DOCUMENTS |
- Convertible debt or common stock
- Rates of return commensurate with risk
- Tailored, flexible investments
- Exit with specific liquidity events
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