How does HAN operate?
The HAN is organized as a non-profit entity. The HAN has several committees, including a Board of Directors, a Screening Committee, Due Diligence Committees and other committees that the organization determines from time to time. The Screening Committee receives applications from companies, interviews the company principals, screens for goals and abilities, and vets the company’s 12-minute presentation for suitability. The HAN membership meets monthly to hear 1 or 2 selected business case presentations by company principals. In a discussion after the presentation, members vote on whether or not to proceed beyond this stage with the case. Cases that are approved have a Due Diligence Committee appointed from the membership. This Committee works with the company over the succeeding several months to perform due diligence, mentors the company on its goals and plans, and negotiates the investment deal. When the deal is ready, the HAN membership is invited to a special deal presentation meet
