Preference for businesses located in Whatcom, Skagit and Island Counties, then elsewhere in WA, OR, ID and BC
Prospective investments should be operating in a market large enough to create a business with a minimum of $20 to $30 million in annual revenues within five years, have a clear path to profitability and an exit strategy.
Proven management team with relevant successes yet amenable to advice and coaching. A team looking for leadership from a key investor may also be considered
Unique products with proprietary technology or service offerings that meet customers' important needs
Registered Patents or other barriers to competition
Sustainable competitive strategies that are clearly articulated
Credible and balanced business plans including key execution milestones
Funding need should not exceed $1.5 Million
Pre-money valuation of seed companies should not exceed $4.5 million