"When selecting a client, we make sure that any investment relationship which is developed is good for all parties involved. We're proud of our good track record of choosing entrepreneurs who have the skills to succeed."

Milestone Growth Fund has repeatedly chosen minority entrepreneurs who have an opportunity and the skills to succeed. Our ability to do this is evident in our good track record and our formal and thorough due diligence process. Milestone approaches all funding opportunities using this process-our intention is to meet the best interest of the business and assure sound management of Milestone Growth Fund.

Step 1. Business Plan Submission
The first step in our funding process requires a business plan for your company. Please submit a detailed business plan that includes historical financial information, financial projections, and funding requirements. Your business plan must demonstrate an in-depth knowledge of your company's industry, marketplace, and competition. Finally, your plan should present the company's unique attributes, opportunities, and advantages.

Step 2. Plan Review and Discussion
Milestone's investment team will conduct an initial review of the plan, evaluate the company's ability to meet basic investment criteria, and determine if the plan demonstrates sufficient growth for consideration.

Step 3. Proposal Meeting
The proposal meeting is an initial meeting between you and Milestone. In this meeting we will discuss the details of your business plan. This lets Milestone learn about your company's mission, goals, and strategy. Most importantly, the meeting will establish an initial rapport between Milestone staff and the entrepreneurs and reveal the mutual interests served in pursuing an investment agreement. Basic terms and conditions are discussed.

Step 4. Investigation
As the enthusiasm builds around your company's business opportunity, the Milestone team begins the due diligence process. We may visit your company's site and meet with staff members and your company's accountants, attorneys, bankers, suppliers, and customers. We will talk to the professional and personal references you provide us as well as industry experts. Milestone will also want to gain a keen understanding of your company's industry to assess the business potential, adequacy of your financial requirements, soundness of your financial projections, and personal credit history.

Step 5. Terms and Conditions Agreement
At this stage, preliminary terms are discussed to ensure there are no major roadblocks or misunderstandings regarding the business plan. You should expect to be presented with specific suggestions about your management team and business practices.

With terms and conditions in place, the funding agreement is presented to the Milestone Board of Directors' Investment Committee for final approval. The Committee might change the terms and conditions of the investment.

Once the investment is approved, Milestone’s legal counsel prepares the legal documentation. The total funding process may take up to sixty (60) days depending on how well prepared the business plan and how responsive the company has been to Milestone’s inquiries.

Do you have questions about our process? Contact us to learn more!

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