Voting & Process to Raise Funds
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Voting process to get funded will run every Quarter
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Voting round starts on 1st day of the Quarter and runs for 60 days
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Vote tally is made in the last 30 days of the Quarter
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Businesses that received most Votes will be awarded their Funding requests
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Funding are provided from Members Bank
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We will fund as many Pitches as the Member Bank allows
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Any remaining funds roll into Member Bank for the next Voting Quarter
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After closing a round, we perform due diligence on companies
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Upon completion of due diligence funds are distributed to winning companies
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If business fails due deligence the next Pitch with the most Votes will be funded
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Businesses that do not get enough Votes to get funded can try again
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Businesses must wait one Voting round before trying again
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Businesses can Pitch maximum of 2 times per Year to get funded
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Businesses can Pitch maximum of 5 times total to get funded