Articles on: Startup Topics

What are Propel(x)’s criteria for publishing a startup?

Propel(x). uses a rigorous screening process when deciding which companies are invited to list on the platform. Once we receive your deal profile submission, we will carefully review your company information (team, description of the technology etc.) and deal specifics (pitch, terms, supporting documents, etc.) against the below – and other additional – criteria.

Your startup falls within the realm of ‘deep technology’ – which we define as companies founded on a scientific discovery or meaningful engineering innovation.
Your startup is a C-Corp or an equivalent organization status in any country of incorporation.
Your startup has outright ownership of the IP or an exclusive worldwide license for the IP, in case the IP is owned by a 3rd party.
Your startup has a prototype or significant experimental data to support the scientific/technological core of the company.
Your startup has a full-time CEO.
Your startup is connected to reputable incubators, research institutions, national labs or other networks that will give startups the support system and networks to succeed.
Neither your startup nor any of its officers, directors, or any covered person is subject to any of the “Bad Actor” disqualifications described in Rule 506(d)(1)(i) to (viii) under the Securities Act.
Your startup has never been party to any legal disputes.

Propel(x). will contact you should we have any additional questions during our review.

Updated on: 12/25/2020

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