The Inclusion Fund focuses on investment opportunities that are often overlooked by traditional sources of investment and financing due to economic disadvantages. One of the biggest challenges is the gap between pre-seed and seed funding for these early-stage technology businesses and the Inclusion Fund seeks to invest in these companies. Ultimately, the companies create jobs in the State and become attractive candidates for follow-on financing or investing.
We welcome early-stage technology startups from all industries to apply. However, to be applicable, a company must meet all the following qualifications:
- At least one full-time employee
- The founder, officers, or managers of the Company agree to receive executive support
- At least 30% ownership of the Company is owned by one or more individuals who have demonstrated social and economic disadvantage
- For at least one year after receiving TEDCO’s investment, will the Company be controlled and managed by one or more individuals who have demonstrated social and economic disadvantage
Please note: Applications that are received through other means, such as email or mail, shall not be considered or reviewed for funding. Applications will be reviewed within 30 days of receipt.