EDCO Ventures Confidential

EDCO Ventures

Mission

To create companies and jobs with living wages

in economically distressed regions

EDCO Ventures Confidential

3

Strategic Partners

Typical Funding Sources

$1M

$10M

FFF

Banks

IPO

EDCO Typically Invests with Friends, Families (& Fools)

time

$ +

$ -

Business Plan

Prototype

Pilot/Mrkting

Sales

Idea Profitability

$100K

Inve

stmen

t

Reven

ue

Venture Capital

Angels

Gov’t

4

Comparison

EDCO Incubators, Accelerators, Labs

Small Biz Dev Centers

Angels VC

Investment Yes No No Yes Yes

Investment amounts

~$25K* - - $100K - $2M $2M and up

Engagement stage

Inception, Idea, and Pre-seed

Pre-seed Pre-seed Seed / Start-up

Later Stage

Facilities No Yes, but varies

No No No

Business Assistance

Yes Yes Yes Yes Yes

Community Development

Yes Yes Yes No No

Venture Development

Yes No No No No

* Intent is to increase this when funding permits

Project Selection

- Scope is to facilitate the creation of companies - High value-added products or services- Disruptive ideas or technology- High and fast growth potential

- Criteria:- 5 year revenue target greater than $30 million / year.- Ability to produce jobs with living wages.- Headquartered in economically distressed region.

EDCO Ventures Confidential

EDCO Venture Companies

EDCO Ventures Confidential

2007-2008

2009-2010

EDiSTEM

Joint VentureStematix & EDCO

Umbilical Cord Blood Bank

Kenaf Industries

Renewable Building ProductsBio-Butanol

Kenaf Boards & Bio-Butanol

Kenaf Plant 100 days

Fencing and Decking Bio-Butanol