Sec. 14.04.05.06. Investment Criteria

Latest version.

In addition to the investment criteria set forth in COMAR 14.04.02.05, TEDCO shall consider whether:

A. The market opportunity is appropriate for a seed-stage investment;

B. The applicant has the potential to secure institutional venture capital from other investors; and

C. The management team has the skills and ability to effectively secure an institutional venture investment.

                    
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