{"id":30773,"date":"2023-03-08T14:42:33","date_gmt":"2023-03-08T14:42:33","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=30773"},"modified":"2023-06-01T14:12:13","modified_gmt":"2023-06-01T13:12:13","slug":"lego-set-approach-to-preparing-applications","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/lego-set-approach-to-preparing-applications\/30773\/","title":{"rendered":"The \u2018Lego Set\u2019 approach to preparing applications and financial presentations"},"content":{"rendered":"

American Diversified Enterprises<\/a> outlines the \u2018Lego-Set\u2019 approach to preparing applications and financial presentations.<\/h2>\n

Every individual and entity that you approach to obtain funds to advance a new technology or project will want to know about your project, initially in summary form then, if that sparks interest, in great detail.<\/p>\n

No matter whether you are approaching a commercial or private lender for a loan, an individual or equity firm for an investment, a government agency for a grant or loan guarantee, preparing a stock offering, or seeking financing through another source, you have to provide virtually the same information to each source of investment and financing.<\/p>\n

Moreover, this is the same information you will need to advance your project through construction, startup, and deployment.<\/strong><\/p>\n

Once this information has been assembled for one purpose \u2013 say for a government grant or loan guarantee \u2013 it can be used over and over by adjusting the information that was compiled for one purpose to meet the needs and requirements of another purpose.<\/p>\n

This is why American Diversified Enterprises calls this the \u2018Lego-Set\u2019 approach to preparing applications and financial presentations.<\/strong><\/p>\n

\"\"<\/p>\n

The information compiled for one set of requirements can be taken apart, revised, adapted, and re-assembled to fit the requirements, preferences, and requests for another source of funding \u2013 just like a Lego set.<\/p>\n

No expense or effort in doing this is wasted \u2013 even if you apply for a grant and are unsuccessful in securing the grant \u2013 since these materials can be developed one time, in parallel with the other pre-construction requirements to advance your project.<\/p>\n

This provides you with the opportunity to give these materials the time and attention necessary to perfect and hone them to make them as effective, compelling, and complete as they can be.<\/p>\n

The more effective, compelling, and complete they are, the better your chances will be of attracting investors, securing grants, and obtaining other sources of financing.<\/p>\n

The 16 elements of a successful application and financial presentation<\/h3>\n

Introductory materials<\/strong><\/p>\n

    \n
  1. Teaser \u2013 preferably no more than a few paragraphs<\/li>\n
  2. Executive summary (or concept paper for government grants); two to five pages<\/li>\n
  3. Pitch deck (PowerPoint); no more than 15-20 slides<\/li>\n<\/ol>\n

    Key elements<\/strong><\/p>\n

      \n
    1. Business plan summary (ten pages), including a summary of management\u2019s experience, capabilities, and previous experience with similar endeavors and projects<\/li>\n
    2. Confidential Information Memorandum (CIM) or Private Placement Memorandum (PPM), if required and appropriate, i.e., if part of a merger or acquisition (M&A) in a sell-side engagement to market a business to prospective buyers a PPM, or if part of an offering to prospective investors when selling stock or another security in a business, a CIM<\/li>\n
    3. Overview of financials (five to ten pages), including:<\/li>\n<\/ol>\n