Selection Process

New Markets Venture Capital (NMVC) Company Application--Evaluation and Scoring System Overview

 

 

Evaluation Criteria

 

Maximum Points Possible

 

Category I:   Investment

 

35

 

Criteria 1:     Investment capacity, skills and experience of Applicant's management team

 

15

 

Criteria 2:    Strength and likelihood for success of Applicant's operations and investment strategies

 

10

 

Criteria 3:    Applicant's understanding of markets in designated LI Areas

 

10

 

Category II:  Community Development

 

35

 

Criteria 4:    Community development capacity, skills and experience of Applicant's management team

 

10

 

Criteria 5:    The need for developmental venture capital investments in designated LI Areas

 

10

 

Criteria 6:    Strength and likelihood for success of Applicant’s plan to provide operational assistance

 

10

 

Criteria 7:    Extent to which Applicant intends to concentrate its resources and activities in LI Areas as opposed to non-LI Areas

 

5

 

Category III:  Capability to Execute Plans

 

30

 

Criteria 8:    Likelihood that Applicant will raise regulatory capital

 

10

 

Criteria 9:    Likelihood that Applicant will raise matching resources for operational assistance grant

 

10

 

Criteria 10: Likelihood and extent that Applicant's planned investment and operational assistance activities will have a positive economic and community development impact on designated LI Areas.

                         

10

 

TOTAL

 

100