Communicating with Springboard:  The fastest way to communicate with us is by e-mail at the addresses listed on the Contact Us section of the website.  Alternatively, we can be reached by telephone at 904-861-2400.  (A word of caution - Springboard's limited staff handles numerous calls each day and it is often not possible for us to get back to you the same day.)

Forwarding information concerning your Company:  Springboard's review of your company's investment opportunity can be significantly expedited if you take a few minutes to assure that you have provided us with the key information we will need to assess the investment.

The fastest, most effective way to forward information concerning your company is through the Investment Inquiry process on this website.  Note that the Investment Inquiry process allows applicants to attach whatever supporting documents they feel may be of interest.  Inquiries submitted via the Investment Inquiry process, Springboard typically provides feedback on our level of interest within 7 days.

If you choose to not submit an Investment Inquiry, please email an Executive Summary of your Business Plan and relevant supporting documents.  To avoid any delays, please review the "Springboard Presentation and Executive Summary Guidelines" and be sure the Executive Summary addresses the key elements. 

Springboard Capital does not sign non-disclosure agreements to obtain general information concerning investment opportunities.  During detailed consideration and due diligence, however, Springboard will consider executing such agreements covering specific documents if it is deemed appropriate.

Springboard's Evaluation and Investment Process:  Springboard reviews approximately 350 investment opportunities annually.  To fully evaluate each of these companies, the fund uses a multiple step review process.  The key steps in the process are as follows:

1. Administrator's Review:  All investment inquiries, upon receipt are reviewed by Springboard's Administrator to assure that the investment falls within the fund's investment criteria and that the information submitted provides enough information to make an initial evaluation of the investment.  (Note: Approximately 30% of all inquiries do not contain sufficient information for Springboard to assess the investment opportunity - please be sure that information provided addresses the key elements found in the Springboard Presentation and Executive Summary Guidelines.
2. Screening:  Following Administrative Review, those companies of greatest interest will be scheduled for a screening meeting with selected Springboard partners to learn more about the business venture and the investment opportunity.  For companies beyond two hours drive time from Jacksonville, screening meetings are normally done by conference call or WebEx.
3. Partner Meeting Presentation:  Monthly, the Executive Committee of Springboard reviews those companies that have completed screening and selects one or two of those companies to present at Springboard's monthly Partner's meeting.  This meeting, held on the first Wednesday of each month, allows all of the Sringboard partners to hear a presentation by the company's management team after which the partners make a decision as to whether to proceed with full evaluation / due diligence of the company.  Each company presentation is allotted twenty minutes with an additional twenty minutes for questions.  Please refer to "Springboard Presentation and Executive Summary Guidelines" for information concerning the presentation content.  If the partners choose to proceed, a team of 3-5 partners is assigned.
4. Evaluation:  The Evaluation process encompasses three activities:
   1. Assessment:  The process of assessing all aspects of the company's business venture to determine whether Springboard desires to make an investment.
   2. Due Diligence:  The process of reviewing the company's historical financial and legal documentation, personal and professional references and similar activities.
   3. Investment Structuring:  The negotiation and finalizing of an investment term sheet.  The final step in the evaluation process, if Springboard and the company determine that an investment is desired, Springboard will work with the company to finalize an investment term sheet.  Although each investment term sheets are, by their nature, unique to a specific investment, Springboard invests on terms that are generally common to the venture capital industry.  See the "Springboard Summary Term Sheet" for an example of a typical term sheet.  Upon agreement on the investment terms, Springboard will execute a letter of intent to make an investment contingent upon final approval of the Springboard partners.
5. Investment Approvals:  Springboard's final investment decision is made at the monthly Partners Meeting following execution of the Term Sheet.
6. Closing:  Immediately upon partner approval, Springboard will work directly with the company to complete the legal investment documents and expedite closing of the investment.