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The
Mount Washington Valley Economic Council has formed a unique group
to help businesses in the region address the need for equity capital.
This group will help solve the problem of where to obtain injection
capital for desirable business startups, expansions or recruitment
opportunities to bring businesses to our area.
First Run
acts as a conduit to find and screen business proposals for the
investors. Once an angel investor(s) takes an interest in a
company the investor(s) and business owners work out the terms and
conditions of the investment together.
Qualifying
Businesses will need to provide:
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An Executive summary
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A description of the company's product or service
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A market overview including an analysis of the company's competitive
profile.
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Prior three years financial statements, if applicable.
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Reasonable three-year projections of balance sheet and income statement.
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An outline of the investment opportunity including the use for the
needed capital.

The
Council is currently funded through a combination of grants, corporate
sponsorships that underwrite many of the educational programs and
events, membership, and interest generated from the Revolving Loan
Fund.
The
MWV Economic Council is located in the White Mountains on the border
of Maine and New Hampshire, the Council serves the towns of: Albany,
Bartlett, Chatham, Conway, Eaton, Freedom, Jackson, Madison, Ossipee,
and Tamworth in NH, Fryeburg & Brownfield, Maine
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