We fund technology oriented companies, typically these are web-based or other software companies, but we’ve funded companies that don’t quite fit that mold as well. We’re also looking for companies that can have a national or worldwide reach. Specifically, we don’t fund biotechnology companies, restaurants, consultancies, or other local service oriented companies.

Sometimes we will.

Like you, we’re entrepreneurs. We think that the value of the practical support, particularly our development resources and the development of commercial business models, learning, networking, and coaching provided by the program is of tremendous value. The Midas Collaboration Technologies program will provide you with the healthiest possible start, advantages over your competitors and greatly improve your chances for success and sustainability. Once we invest, we’re motivated to help you succeed by introducing you to people who can help, assisting you with strategy, finding more investors, and generally helping you to succeed. That’s a good deal for both of us.

Probably not. We’ve had companies start with $1M+ in revenue and $1M+ in funding . We’ve had companies start with fully developed products and we helped them with business models, introductions, financing, and more. Likewise, nothing is too early. We’ve accepted companies with no more than an idea and a dream.

Please don’t stop by our offices without an appointment. This is not a good example of persistence on your part and it will negatively influence your application. We are happy to consider taking an appointment, so please contact us instead.

While we don’t screen applications just because they have a single founder, it does make things more difficult. We look for great, balanced teams who have a full range of skills. We strongly advise you to seek co-founders who balance your skillset. For example, if you’re a strong developer, you might consider adding someone with business and/or marketing experience. If you’re a great business evangelist with no developer, it’s very unlikely we’ll accept you into the program, so go find a rock star developer to join you. We can assist you in this area.

We will choose great founders who are proposing products that solve real problems or create meaningful innovations. For us, it’s about the team. Because of this reason, we’re less likely to accept single founder companies.

Make progress on your prototype or product and reference it in the application. Show us that you’ve really thought about your business and have gotten off your butt to do something about it.

No.

Nope. Just fill out the informal online application – that’s all you need for us. If you have a plan, please send it in.

No deadlines, just apply at any time.

We’re certainly not in the business of stealing ideas, and we won’t show your application to anyone outside of Midas Collaboration Technologies. Each year, we see thousands of applications and many of them include similar ideas. For this and other practical reasons, please don’t ask us to sign an NDA. Our application does not ask for your “secret sauce” and there is no reason you have to disclose this to us if you’re not comfortable doing so. We hope that our reputation speaks for itself on this topic.

Yes. We think it’s best not to outsource what you are, but it obviously works in some cases. We’re happy to consider any application. Just remember that we’re primarily focused on the team.