Our Areas of Focus
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Geographic
We primarily look for investment opportunities in the Research Triangle Park region of North Carolina.
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Sector
Our investment focus is relatively broad and driven by our members' expertise and preferences.
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Stage
We are focused on early-stage investment opportunities - generally Pre-seed, Seed, and Series A.
Our Process
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Our team reviews applications as they are received.
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Should a company meet our initial qualifications, the Fund screening team will request a 30-minute introductory call to assess the opportunity further.
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If the screening team decides to proceed after the Pre-Screen Introductory Call, the Fund will request a one-hour presentation to the Screening Committee.
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Should a company receive approval from the screening committee, the Fund will invite them to present in-person at our monthly member meeting.
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After presentations at the monthly meeting, the members will vote on whether to move the presenting company to the Due Diligence phase.
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Once Due Diligence is completed, the Due Diligence and Management team will recommend whether to make an investment and, if positive, at what amount.
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If a company receives a successful Due Diligence recommendation, then the Fund will request a term sheet and enter into deal negotiations.
Meet the Team
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Elaine Bolle
Board Member
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Jan Davis
Board Member
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Merril Mason
Board Member
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Trevor Royce
Board Member
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Ashish Sagrolikar
Board Member
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Beth Smith
Board Member
Our Investments
