Launchpad Funding Criteria

Innovative:    We seek companies that offer something new.
Although "newness" comes in many forms, we look for companies
that have it in one way or another. At a minimum we want a new
twist on an existing idea. At times we may find a dramatic
re-conception of an existing product, service or business structure,
or a revolutionary new idea.

Technology-Driven:    Based on the expertise and interest of our
members, we are looking for companies where the use of
technology is fundamental to the business mission, either
because the company sells technology products and services or
because it uses technology as a fundamental enabler of its
business.

Startup Companies:    We seek companies that are young. We are
willing to consider very early stage companies, perhaps as
unformed as a couple of founders with a good idea.

Significant Market Opportunity:    We are interested in products or
services that address the needs of large markets. For Launchpad
to achieve a high return on its investment, a company must sell to
potential markets of $100M+. We expect our portfolio companies to
become market leaders with 30%+ market share within five to
seven years.

We Make a Difference:    We want our money and expertise to
make a difference to companies. We look for situations where
strategic use of $100K-$500K and sound business advice will let
the company reach important milestones, such as completing its
team; proving its viability; and, ideally, releasing a product.