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Homeland Venture Partners, LP,

Application Process and Investment Criteria:

Homeland Venture Partners, LP, (HLVP) is looking for good companies in the technology areas that fit our investment screen meeting the needs of the homeland defense, asymmetric warfare (anti-terrorism), special operations warfare and Department of Defense and intelligence communities. We invest in early-stage companies (seed round, startup round or A-round financing) that match our screen and we provide venture capital and mentoring assistance in order to help your company grow to a high-multiple exit. We have established the following screenings strategy to make it easy for you to see if your company would be of interest for investment by HLVP.

We ask you to submit your application via email to minimize the amount of effort necessary on your part to see if there is a fit. We guarantee that you will receive a response from us within 10 days after submission of your application.

  1. If we decide that your application does not fit our criteria we will provide you with a written response indicating the areas where we do not see a fit.
  2. If we ask you to go to the next step, it will be to present a short (typically 15-30 minute) PowerPoint presentation on our HLVP WebEx Meeting Center using the Internet. Our Managing Directors will review your presentation (with as many of your team as you wish), preferably using a video cam so we can see each other during the presentation. After this web meeting we will provide you with feedback within two days of our decision regarding your project. At this time we would consider review of your complete business plan and would consider signing a HLVP Non-disclosure Agreement (NDA) to protect any information that you consider to be proprietary.
The following are the areas that are important to us as you consider whether to submit an application for funding:

Homeland Venture Partners, LP, Investment Criteria

  • Proprietary technology or other strong barriers to entry.
  • A market opportunity sufficiently large to create a business with at least $50 to $100 million in annual revenues.
  • A compelling, well articulated strategy for capturing and defending a significant market share.
  • Strong management (not necessarily a complete team) with relevant and successful experience.
  • An exit strategy for the investors.
  • A desire for advice and coaching.
  • Lastly, the company valuation must fit within our risk/reward expectations for the investment.

Your Anticipated Use of Funds:

HLVP looks for situations where the capital sought (approximately $1-3 million, or less in the first round) will take the company to the next level, and materially increase its valuation. For this size deal, HLVP may elect to finance the entire round, or we may be part of a syndicate of other venture capital funds. A company must be able to demonstrate how it will use the venture investment to complete at least some of the following:

  • Commercialize its product or technology (move the product to manufacturing)
  • Expand the market to new major contracts or customers
  • Patent filing (for broader patent coverage)
  • Market research for new markets
  • Expand the management team
  • Reduce other investment risks

HLVP is looking for companies that possess technologies that have already established a strong need in some market and are now looking for additional funding to expand to a broader market and/or ramp up production to meet the need of the markets.

We anticipate that your company may need additional capital after this first round. We would plan to support follow-on financing in a syndicated deal with other venture funds.

HLVP's Decision Process:

HLVP has developed a fairly comprehensive process to make investment decisions. Please review the information explained under the links HLVP Application and What HLVP Is Looking For In Potential Portfolio Companies on this page's left navigation bar. There you will also find more information about our investment criteria. Please also look at the link to What HLVP is Not Looking For to ensure that there is a match between your company and HLVP.

Submitting a proposal:

HLVP does not pay finders, or similar, fees to any person or entity in any way connected with investments. We will review carefully any consulting fees paid by your company for professional assistance in preparing your business plans or financing plans. We have a simple application process and we prefer to review the business plans prepared by the founders.

To be considered for our review by HLVP, please click on the HLVP Application link on this page's left navigation bar, download the PDF file, complete and submit the proposal form and, if you wish, you may also upload an executive summary and/or PowerPoint presentation. HLVP accepts only electronic submissions. Please do not mail or fax an application and/or business plan to us.

Do not include any confidential information in your application. HLVP does not   sign Non-Disclosure Agreements for initial proposals. If there is sufficient interest, an NDA may be negotiated   at a later time .