January 27, 2022 Whitney van Schyndel

Can a greenfield project that has not yet been incorporated as a company be eligible if the investors have experience in the industry?

It is a competitive selection process, and we give preference to companies beyond the ideation stage. At the Business Case stage, we look at positive cash flow and income statements. Start-ups and newly established companies are eligible to apply, but they must have a proven and convincing business model and show some sort of track record.