Innovation Fund - Must be technology or Patient debt and/or equity $25,000 - $250,000 Prime rate plus 2 to 8 Working capital with payback PG Not to exceed 50%, high knowledge business possessing and/or financing for emerging percentage points. expected within 5 years. CG the 50% should developing a proprietary product, service or innovation companies for Warrants or conversion Mortgage come from other intellectual property with strong market working capital. Funding rights on a percentage Lien equity investors outlook, and likelihood to attract follow-up could be a loan, equity of loan may be taken. GBSA funding. position or combination of Stock the two. Ownership
Innovation Fund - Must be technology or high knowledge business possessing and/or developing a proprietary product, service or intellectual property with strong market outlook, and likelihood to attract follow-up funding. Patient debt and/or equity financing for emerging innovation companies for working capital. Funding could be a loan, equity position or combination of the two. $25,000 - $250,000 Prime rate plus 2 to 8 percentage points. Warrants or conversion rights on a percentage of loan may be taken. Working capital with payback expected within 5 years. PG CG Mortgage Lien GBSA Stock Ownership Not to exceed 50%, the 50% should come from other equity investors
Regional-RLF-Adminis-Manual-June-2013.docx