Equity Investments - How Do I Apply?
Step 1: Contact the Investments team to set up an initial meeting. Please provide a pitch deck with your initial outreach.
Step 2: Pitch to the MassCEC Investments team.
Step 3: If your company may be a fit for a MassCEC equity investment, staff will request and internally review due diligence materials as part of an iterative process.
Step 4: Pending a positive diligence outcome, pitch to the MassCEC CEO and other executive-level staff.
Step 5: Negotiate deal terms and begin legal documentation.
- If an investment is less than $100,000 it must be approved by the MassCEC CEO.
- If the investment is over $100,000 the Investments team presents the investment to Investment Committee at the bi-monthly Committee Meeting for approval.
- If the investment is greater than $100,000 and less than $250,000 it must be approved by a member of the MassCEC Audit Committee.
- If the investment is greater than or equal to $250,000 it must be approved by the MassCEC Board of Directors at a bi-monthly Board Meeting.
Step 8: Following Audit Committee or Board approval, finalize legal documentation and close deal.
Step 9: Ongoing portfolio monitoring and involvement.