MTDC's Venture Capital Investment Criteria

MTDC's investment staff reviews each application for venture capital. No formal application is necessary, but the presentation of a comprehensive, written business plan is required. The process includes an in-depth review of the business plan, meetings between company and MTDC management, and preparation of a detailed investment report for review by the MTDC Board of Directors.

MTDC makes venture capital investments in companies with the following characteristics:

The company must be located in, or agree to locate in, Massachusetts.

The company's business must be technology-based, and its principal products or services must be sufficiently innovative to provide a competitive advantage.

The business expansion which MTDC's venture capital investment would help to finance must produce a significant growth in employment.

The company must be able to show the prospect of a high rate of return on MTDC's venture capital investment.

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How to Apply for Venture Capital

You must submit a comprehensive business plan. A thorough plan facilitates the investment process.

The plan should address the following areas:

Characteristics and proprietary position of the company's products or services;
Present and future markets for those products or services;
Strategy for achieving and maintaining significant market share;
Company's financial history (if applicable) and projections, including balance sheets, profit and loss statements, and cash flows;
Backgrounds, experience, and financial commitments of principals and key managers;
Statement of the amount, timing and projected use of the venture capital required; and
Statement of the projected growth in employment, or other positive economic impacts, which an MTDC venture capital investment would facilitate.

Proposals for financing should be sent to:

Robert J. Crowley
President
MTDC
40 Broad Street, Suite 230
Boston, MA 02109
Tel: (617) 723-4920

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