The ultimate objective of the iSelect Fund is to provide its investors with access to the compelling historical return profile of the venture capital asset class. To increase the potential for favorable investment outcomes, the fund embraces venture industry "best practices" in the design and detail throughout the company selection process. Selecting the most promising private venture opportunities requires that disciplined due diligence practices be executed by successful venture capital veterans who are rewarded with an economic incentive to produce favorable outcomes for the fund's investors.

Every venture company that wishes to participate in the iSelect Fund must first be thoroughly vetted and approved. Our selection committees include venture investors, entrepreneurs and professionals with experience in evaluating, advising, and investing in early-stage growth companies. Unlike a traditional fund model, the role of the fund's selection committee is not to select the companies that will receive investment funds. Instead, its role is to methodically evaluate each venture company and determine whether or not they meet the stringent standards established by the iSelect Fund.

Selection and Vetting Process:

Phase I: The Initial Inquiry

The Kauffman Foundation estimates that well more than 50,000 new companies are launched each year in the United States. The majority of these new companies seek financing their first year. The iSelect screening process to identify only the most promising opportunities begins with this stage. The fund's management company sifts through the applicants for companies which fulfill specific regional, financing market opportunity in business model criteria.

Phase II: The Application Process

The iSelect Fund's application process invites candidates that have cleared the initial screening phase to provide extensive man detailed information about their business, the team, the market opportunity, the revenue model, the financials and their investment offering. The fund's management company engages a network of staff MBAs assigned to a quantitative review process background check and fact-check the applications for veracity of detail.

Having validated the details and assumptions provided in the applications, the management company proceeds to engage in a thorough qualitative assessment of all aspects of the applicant's business. Only a fraction of initial applicants make it beyond the second consideration phase.

Phase III: The Selection Process

The next level of consideration engages best-of-breed business leaders, entrepreneurs' advisors and venture capital experts assembled under regional selection committee structures to further narrow the candidate field to only the most promising private venture opportunities. The selection committee members each apply their own specific domain expertise along with their personal business and investment experience to reach a consensus on the handful of companies, which appear to offer the most compelling investment thesis and upside opportunity. The selection committee then convenes with the fund management company to formally concur on the final slate of selected companies.

Phase IV: The Diligence Process

The companies that are ultimately chosen for the iSelect Fund platform next undergo an intensive round of third-party, professional-grade due diligence by a SEC registered broker-dealer. This is an exhaustive process mandated by best practices and industry protocols designed to protect securities dealers, as well as investor's interests. This additional independent review phase re-examines all elements of the selected companies including, General Corporate Materials, Financial Information, Physical Assets, Real Estate, Intellectual Property, Employees and Employee Benefits, Licenses and Permits, Environmental Issues, Tax matters, Material Contracts, Product or Service Lines, Customer Information, Litigation Issues, Insurance Coverage, Professionals, Articles and Public Relations. The ultimate objective of this phase is to reach an independent assessment that the company is in good standing and is operating a legitimate business, has met legal and regulatory requirements, and that the entrepreneur's representations pertaining to the business are not materially misleading.

Phase V: The Investment Advisor and the Investor

Up to this point, the iSelect Fund companies have undergone four evaluation phases, which have occurred under the oversight of three distinct and independent bodies, each with their own protocols and objectives. Yet, the final investment and allocation decision resides with the investor and his trusted advisor. We provide investors and their advisors online access to iSelect Fund company profiles and diligence materials to make the best-informed asset-allocation decision in the context of their own investment portfolio diversification and return objectives.