Who reviews the applications and makes the investment decision?
An Investment Review Board, made up of experienced professional private equity investors, will review deal submissions for the pre-seed fund, and either Automation Alley or the West Michigan Science and Technology Initiative for the loans. They will provide constructive feedback with their decision. They will look for the best opportunity without regard to region and technology. They will assess the Company’s potential to become viable, create jobs in Michigan, and ultimately repay the investment or loan. Funded companies will continue to work with their referring SmartZone for mentoring and business acceleration.
