Investment Criteria   Management/Entrepreneurs We believe that the strength and background experience of the management team will almost always define a company's opportunity for success. We look for proven management teams that are passionately driven to succeed. Industry Focus NEP focuses on investing in companies in the technology, healthcare, and consumer product industries. Within the technology sector we concentrate on investing in companies in the Internet, software, hardware, and communications industries. In healthcare, we target biopharmaceutical, biotechnology, medical device, and e-health companies. In consumer products, we seek companies that can offer distinctive products in a mass-market retail channel setting. Stage of Development We seek both early and later stage companies that are beyond the concept stage, have demonstrable technology, and evidence of product or service acceptance. We generally prefer investments in the range of $500,000 to $10,000,000. For companies with greater financial needs, NEP has a strong history of syndicating with other reputable venture capital or strategic investors. We participate in all stages of a company's equity financing needs, from a first institutional round of equity to a mezzanine round before an IPO. Growth Potential NEP concentrates on investing in companies that target potentially large markets. In addition, NEP works closely with portfolio companies in setting goals and financial objectives to maximize the overall financial return of the company and its investors. Liquidity Options We seek to invest in companies that offer the potential for a relatively early initial public offering or sale to a strategic buyer. We also have assisted our portfolio companies in achieving liquidity by way of a sale to a financial investor or through a recapitalization. Investment Process   Evaluation Process   After we receive your business plan, NEP will review the plan and if the company meets our investment criteria, NEP will arrange to meet with your company and the management team.   Throughout the due diligence process, we will evaluate the management, the target industry, and the product or service. We may ask our consultants and advisors to assist in evaluating the business opportunity.   If it is necessary, we will recommend and bring into the process potential value-added co-investors.   Post Funding   We pride ourselves in being a value-added investor by staying actively involved with our portfolio companies. We will work closely with the company to identify and attract executive talent, board members, advisors, and consultants. Additionally, we can assist in market strategy, entrepreneurial management, and business development. We have a history of helping our companies expand their network with introductions to institutional fundraising sources, potential partners, and customers.