OUR FUNDING PROCESS
IT'S ABOUT GETTING TO KNOW YOU
AND YOUR BUSINESS BETTER.
Should you meet our funding criteria, we invite you to access the Gust platform for start-up funding to complete and submit your application online. Typically we will contact you about your company within 1-3 weeks.
Your application materials will then be reviewed at our monthly Pre-screening Meeting. Companies that fit the overall investment interests and goals of our members will be selected to move to the next phase. This is a highly competitive process. We typically have over 50 companies apply to us monthly.
If your company is selected, you’ll be invited to make a presentation in person to our Screening Committee. Screening meetings are held on the last Wednesday of each month at the Business Technology Center of Los Angeles County in Altadena. We will invite the top two companies to present to our entire membership at our monthly breakfast meeting on the first Wednesday of each month.
Your presentation to our full membership at our breakfast meeting will include an initial due diligence of interested members. The following week, potential investors will then exercise due diligence by taking a closer look at your business plan and projections, track record and background.
When the due diligence process is completed, interested members of our group will present a term sheet outlining suggestions for the investment deal, using industry standard terms and provisions.
If all parties decide to move forward, the work of finalizing the deal and executing the plan starts. But remember, this is only the beginning. The collaborative work we’ll do depends on open lines of communication and teamwork to achieve success.