Criteria for Investment

MHCPDC's mission is to find and assess early stage opportunities not targeted by traditional Venture Capitalists. To be funded by MHCPDC these companies must meet a stringent set of criteria. Companies evaluated by MHCPDC undergo a three stage process.

Investment Criteria
MHCPDC performs a preliminary technical; market and business plan review against the following criteria.

• Market size of greater than $250 million annually
• Regulatory status with FDA
• Realistic opportunity for market penetration; interest of licensee/partner
• Stage of development
• Broad based technology, able to enter multiple markets or develop multiple products for same market
• Market competition
• Strong intellectual property
• Business team with industry experience
• Strong technical team
• Maryland-based company

Detailed Market and Technical Due Diligence
Once a company has been judged (on a preliminary) to meet the corporation's criteria by both MHCPDC Board of Directors, MHCPDC performs a comprehensive analysis on each investment candidate.

• In-depth market assessment including existing and potential competing products
• Technical analysis on each project and on the competing technologies available in the market
• Intellectual property assessment
• Corporate and legal due diligence

Investment Transaction
Following a presentation to MHCPDC's Board of Directors and its investment approval, MHCPDC works with the investment candidate to structure a deal meeting MHCPDC's criteria and customized to the investee's needs. The corporation is flexible in the nature and form of investment and develops with the candidate a fair, detailed valuation. MHCPDC actively pursues matching investment dollars from commercial and state funders and, where necessary, assists the candidate in strengthening its management team.