Up to $2 million, but preferably < $1 million.
$100,000 to $500,000.
We look to invest primarily in later-stage companies that have a proven product or service, an existing base of business, and are looking for a relatively small amount of capital (up to $2M) to support their expansion efforts.
We are interested in businesses that offer unique, proprietary products or well-developed, difficult to duplicate brands that have the potential to generate significant sales and profit growth over the next 3-5 years. We have a preference for relatively low-tech consumer and industrial products companies, and are generally not interested in opportunities in the life sciences, IT/software, and new media fields.
A well-rounded management team with relevant industry experience, and a well articulated plan that shows that management has a clear understanding of its target market, its competition, and how to effectively market and sell its product/service.
New England or Metro New York.