Member Commitment
Select item for more information
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Commitment to Invest
The member makes a commitment to invest in the fund over time.
Q.1 What is the minimum commitment?
Members make a minimum capital commitment of $50,000. 10% of commitment is required upon initial subsription. The remaining “cash in” is staged to coincide with the timing of investments, typically in increments of 10% of commitment made on a quarterly basis. Thus it may be several years before all of the commitment is “called.”
Q.2 Is there a maximum investment?
Investments over $50,000 are made in $25,000 increments. No member may invest more than $300,000 in the fund.
Q.3 What about add-on investments?
Should a member choose to increase their investment in a particular portfolio company, additional "add on" commitments may generally be made.
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Commitment to Participate
The member makes a commitment to participate in the investment process.
1 Entrepreneurship
Members encourage entrepreneurial companies and entrepreneurship.
2 Economic Development
Members have a significant impact on economic development. Companies in which South Coast invests create jobs, generate tax revenues, and hire staff whose income is well above the average for the area.
3 Network
Members meet and network with other members, entrepreneurs and entrepreneurial companies.
4 Mentoring
Members provide assistance and mentoring to South Coast portfolio companies based on the member's business and/or professional experience.
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