| A. |
Business plan is read and analyzed by OCCDC and decision is made as to whether it is acceptable as written or if changes need to be made to either answer questions or improve the presentation. |
| B. |
Applicant receives a response within five days of receipt of plan. A meeting is scheduled to discuss the business plan in detail and address questions raised during the review process. |
| C. |
If editing is needed or additional information is required to address unanswered questions regarding proposal, the applicant will be directed to address issues. If applicant requests assistance in this process, a list of professionals capable of providing assistance will be supplied. |
| D. |
If the presentation is deemed satisfactory a decision is made as to the appropriate type of investor, i.e. Institutional or Angel |
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Institutional Investors: |
| E. |
Managing Director will evaluate potential investors to identify those whose investment parameters most closely match this opportunity. |
| F. |
Managing Director will contact potential investors and discuss proposal with them. If the investor indicates interest, the business plan will be forwarded for review. |
| G. |
Potential investors will notify OCCDC of their level of interest and appointments will be scheduled to introduce the entrepreneur to those institutional investors who have evidenced interest. |
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| 4. Orange County Angel Network: |
| A. |
To initiate the process for presenting to OCAN the entrepreneur must complete the Business Review Form (BRF) and submit it for review. |
| B. |
Entrepreneur will be scheduled to appear before the Review Panel to conduct a presentation of the proposed business. |
| C. |
Presentation will be critiqued and scored by the panel. |
| D. |
Those presentations deemed suitable in the sole judgment of the panel may be scheduled to present to the OCAN members at one of their regularly scheduled dinner meetings. |