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What happens if I receive investment support from multiple designated venture capital funds or angel investor organizations?

Receiving support from multiple designated venture capital funds or angel investor groups is known as syndication. If you have syndicated support, then all investment entities involved in the syndication must be identified. Only one Commitment Certificate will be sent electronically to us and one Letter of Support will be provided to you.

As soon as a designated venture capital firm invests in your business, then the minimum total investment amount that must be invested in your business is $200,000, even if a designated angel group also invests in your business.

If your business receives support from at least one designated angel group, but not designated venture capital groups, then the minimum total investment amount that must be invested in your business is $75,000.


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