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The clean technology industry is brimming with creative innovations of science, engineering and business models. Some emerging ideas unquestionably have the potential for substantial commercial success and/or meaningful environmental improvement. But brilliant ideas need financing. Technology refinement, product development and testing, patent protection, prototypes or pilot programs are common steps on the path to commercial viability. Early-stage capital is typically the first point of institutional investment, commonly series A rounds by one or more venture capital firms. Venture capital firms vary substantially in terms of their domain focus, portfolio stage, transaction size, availability of capital and potentially geographic interest. Clean West understands that not all businesses are appropriate for venture capital investment. To attract the attention of venture capital firms then the value proposition must be compelling, documentation crisply prepared and investment criteria satisfied. Businesses presented to a venture capitalist through a professional party, such a corporate finance firm, are commonly favored due to the inherent pre-vetting of the opportunity and entrepreneur access to expertise to close the transaction. |
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