Evaluation Criteria

Maximum Points Possible

Category I:   Investment

35

Criteria 1:    Management team's track record in specialized venture capital investing

20

Criteria 2:    Applicant's understanding of markets in designated LI Areas

15

Category II:  Community Development

35

Criteria 3:   Strength and likelihood for success of Applicant’s plan to provide developmental venture capital investments in identified LI Areas

15

Criteria 4:   Strength and likelihood for success of Applicant's plan  to provide operational assistance

10

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

10

Category III:  Capability to Execute Plans

30

        Criteria 6:    Likelihood that Applicant will raise regulatory capital

10

Criteria 7:    Likelihood that Applicant will raise matching resources for operational assistance grant

10

Criteria 8:    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