Projects that maximize industry cash/equity contributions will be given greater consideration.
Excluding exceptional cases, ADAPT will generally be a minority investor that allows its finances to be used to leverage funds from other sources (public and/or private).
The client with whom ADAPT enters into a contract for investment must have and retain a controlling interest of the product development, expansion or growth of the company in which ADAPT’s investment is being made.
No in-kind contributions (sweat equity) from partners will be considered as an investment in equity in a project or company in which the ADAPT Council is investing.
Large and/or multi-year project, funding may be committed in phases contingent upon achieving identified milestones.