frequenlty asked questions
How do I apply for funding
from Edison Venture Fund?
What does it cost to apply?
Why doesn't Edison make loans?
What topics should be included in a business
plan submitted to Edison Venture Fund?
How long is the process to receive funding?
Are there certain minimum qualifications needed
before my company can be considered?
Does Edison invest in start-ups?
What is the dollar range of funding provided
by Edison?
What percentage of a company does Edison
buy?
How do I apply
for funding from Edison Venture Fund?
Edison accepts and encourages online submission
of information. Contact
Us About an Investment to send a business plan,
summary or to tell us about a company. Alternatively,
you may contact
a Business Development Associate or Investment Professional
directly.
What does it cost
to apply?
No application fees of any kind are charged by Edison
Venture Fund. At the time of investment, as customary,
our legal expenses and some due diligence costs
are reimbursed.
Why doesn't Edison
make loans?
Edison offers entrepreneurs risk capital for an
equity share in the value created by the company.
We usually purchase preferred stock convertible
into common stock.
What topics should
be included in a business plan submitted to Edison
Venture Fund?
Visit the Contact
Us About an Investment page for information
on this topic.
How long is the
process to receive funding?
Generally, due diligence takes one to two months.
The process can be accelerated when the business
plan information is comprehensive, when Edison already
has considerable industry knowledge or when necessary
to meet the business objectives.
Are there certain
minimum qualifications needed before my company
can be considered?
Edison follows a well-defined profile. Growing software
companies with $5+M revenue raising $5+M capital
located in the NorthEast. Visit the Investment
Strategy section for our detailed criteria.
Does Edison invest
in startups?
Edison invests in expansion stage companies with
over $5M revenue. Visit the Investment
Strategy section to learn more about our criteria.
When a business does not fit Edison's profile, we
will refer promising companies to appropriate financing
sources.
Edison also tracks performance of early stage
companies and will be prepared to invest when revenues
approach $5M.
What is the dollar
range of funding provided by Edison?
Edison initially invests between $5 to $8 million.
We often make additional investments with a total
of $6-10M. In cases where more funding is needed,
Edison will lead a syndicate of financing sources.
Visit the Investment
Strategy section to read more about Edison's
role.
What percentage
of a company does Edison buy?
Edison usually acquires an influential shareholding
of 20-40%. Our ownership percentage is determined
by the size of investment and the fair market value
of the business.
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