Investments - Apply
Step 1: Contact the MassCEC 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 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 MassCEC's 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 MassCEC's CEO.
- If the investment is over $100,000 the Investments team presents the investment to MassCEC's Board of Directors Investment Subcommittee at the bi-monthly 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 Board of Directors Audit Subcommittee.
- If the investment is greater than or equal to $250,000 it must be approved by the MassCEC Board of Directors at a board meeting.
Step 8: Following Audit Subcommittee or Board of Directors approval, finalize legal documentation and close deal.
Step 9: Ongoing portfolio monitoring and involvement.