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HomeMy WebLinkAboutAeroCatalyst Executive Summary City of Oshkosh LRF 013018 9ǣĻĭǒƷźǝĻ {ǒƒƒğƩǤ January 30, 2018 hǝĻƩǝźĻǞ Purpose The AeroCatalyst Fund seeks to invest in firms that have the potential to develop new high paying jobs in the aviation or aerospace sector and chose to locate in Green Bay, Appleton, Oshkosh or Fond du Lac, as part of the Northeast Wisconsin aerospace 1 cluster. Preference will be given to seed to early stage businesses which have the potential to become high impact businesses. Other existing businesses seeking to relocate or expand may be considered for investment when they have exhausted other sources of support and significant potential to create jobs. The goal is to raise $1,000,000 in each of the four communities. businesses as early as the concept stage to and including businesses that may have developed and distributed on a limited basis, prototype products, or have generated revenue. In de re- starts or re- and even internationally for customers, technology, capital and talent, and (ii) have the potential to experience significant growth through innovative or disruptive technologies/products. Contributions and Returns AeroCalatlyst seeks funds from local and regional governmental entities, businesses and individuals who wish to see the aviation and aerospace industry grow in Northeast 1 This assumes that all four communities would invest in AeroCatalyst Fund, however if a community chooses not to invest then they would not be included in locations supported by the Fund and the Fund is also likely to be smaller in size. 1 2 3 4 5