Investment Criteria

Throughout the decision-making process, NCAF’s investment criteria include:

• Early-stage technology companies consistent with our investment focus
• Addressable, unmet market need
• Large and/or rapidly growing market size
• Compelling and sustainable competitive differentiation
• Reasonable expectation and plan to earn market share
• Experienced management team
• Management openness to mentoring and coaching
• Credible and defined exit strategy
• Competitive return on investment