>The
formal establishment of intellectual property rights, owned
by the company or obtained under an exclusive licensing
agreement
>
Recognition of the innovative character by competent, professional
science and technology practitioners, academics or industry
technical papers, journals or other authoritative sources
> Any other convincing demonstration of the innovative
character of the project acceptable to the Directors of
the Equity Fund
Access
to INTEQ
> Confidential interview with the General Manager
and senior technical staff of Caribbean Development Network
Limited to determine eligibility or feasibility
> Preparation of a proposal either by CDN or by any professional
firm or organization of business service providers who have
worked closely with CDN or with its associates
> INTEQ will not required or accept formal Business Plans
or details of any proprietary product, service or process
until and unless we have a mutual agreement with you after
initial discussions
Essential
Conditions
> Shareholders' Agreement
>
Innovator's or Developer's Agreement must specify the rights,
rewards and benefits of the Innovator or Developer
>Confidentiality
Agreements must protect both the promoters and the Equity
Fund
>
The Equity Fund will not have any obligation to invest or
to provide any information on its investments process or
decisions until and unless it has signed a formal Shareholders'
Agreement that includes a formal offer by the Equity Fund
and an acceptance by the company
>
Development concepts and scenarios must show that practical
implementation can be achieved within 24 hours and at least
80% probability of a 30% return on investments within five
years
>
Projects must be based on international competitiveness
using local resources including intellectual capital, materials,
services, utilities and physical attributes
