Eligibility Criteria

• Independent teams with complementary VC, technology and industry experience;
• Coherent fund strategy taking into account the know-how of the team as well as fund size and the geographic, industrial and technological focus of the fund;  
• Commercially viable fund sizes for team stability and the fund’s “shooting power” concerning investments and follow-on financing needs;  
• Appropriate incentivation for the whole team;
• Pari-passu treatment of all investors;
• Clear legal and tax structure for the fund incl. market standard terms and conditions.