Are you a good fit for an NCTF-Denver investment?

Quiz Questions

• 1.
  We are a fund focused on underinvested founders. Do you or any members of your founding team identify as any of the following? (Check all that apply)

  • A.
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    Person of Color
  • B.
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    Woman
  • C.
    LGBTQ+
  • D.
    Veteran
  • E.
    Prefer not to disclose
• 2.
  Where are you located?

  • A.
    City and County of Denver
  • B.
    Denver Metro Area (Adams, Arapahoe, Broomfield, Denver, Douglas, and Jefferson Counties)
  • C.
    Inside the State of Colorado
  • D.
    Outside the State of Colorado but willing to consider relocation to Colorado
  • E.
    Outside the State of Colorado but NOT willing to consider relocation
• 3.
  Which of these best describes your business?

  • A.
    My business is a non-profit
  • B.
    My business goal is to run a business that allows me flexibility and the opportunity to support my family and grow it organically (without outside investment).
  • C.
    I want to create a scalable company without limits with regard to growth potential, and I have created my business with this goal in mind. I need outside capital in order to achieve my goals.
• 4.
  As an entrepreneur, what drives you most?

  • A.
    Building or growing a business that creates jobs and/or the opportunity to be acquired or exit through an IPO (Initial Public Offering)
  • B.
    Creating a non-profit organization to do good in my community
  • C.
    Creating a better lifestyle for myself and my family
• 5.
  What most closely describes the business stage of your organization?

  • A.
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    Idea-Stage (You are just formulating the idea for your business and exploring different options)
  • B.
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    Start-Up (You have launched your business and are looking for ways to grow it)
  • C.
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    Established Business (Your organization has revenue or income from your product or service and is exploring the best way to grow )
  • D.
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    Growth/Ready for Scale (You have established product-market fit for your product/service and are ready to scale!)
• 6.
  Which of the following best describes your main object for the next 12 months?

  • A.
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    I want to grow my business just enough to improve my current living conditions
  • B.
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    I want my business to break even and to consistently make my payroll and pay my business expenses
  • C.
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    I want to obtain capital in order to increase sales and scale my business
• 7.
  What is your average annual revenue?

  • A.
    $0 – $250K
  • B.
    $250K - $500K
  • C.
    $500K - $1M +
• 8.
  What time frame have you planned for your organizational growth?

  • A.
    Immediately
  • B.
    1-2 years
  • C.
    3-5 years
  • D.
    7-10 years
  • E.
    Not looking to grow right now

Quiz Outcomes

• 1.
  NCTF-Denver – Apply!

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  Our preliminary results indicate that you could be a good candidate for funding from NCTF – Denver! This was just a quiz to help you determine whether or not you want to apply. This quiz is not a guarantee of funding from NCTF – Denver. That being said, we strongly encourage you to apply by submitting this form* along with your pitch deck to NCTFDenver@newcommunityfund.com The mission of NCTF – Denver is to provide access to capital for BIPOC and other underinvested-in entrepreneurs by preparing them to be investment-ready in Denver, and across Colorado, to drive wealth building and business creation in communities that have not traditionally been served. Characteristics of strong applicants are: Scalable, high-growth, early to mid-stage companies Have founders located and operating in Colorado or are willing to relocateCommitted to building diverse workforces and economies as they grow and scale their business Understands that this investment will likely result in an equity partnership (meaning NCTF will take a percentage of ownership based on the value of your company and the size of the investment) Our fund is focused on serving those who have been historically excluded from receiving venture capital, however it is not an exclusive criterion. *Please note that you will need to download the form in order to fill it out.
• 2.
  Check out these phenomenal partner organizations! 

  Thank you for taking the time to engage with our pre-application quiz – your results indicate you may not be a good fit for NCTF – Denver at this time. However, if you are seeking assistance to grow and scale your business, we encourage you to look at programs hosted by our partners below: Access Mode – Access Mode’s MVP Lab provides customized programming inclusive of access to mentoring & capital, business training, technology guidance, and a tailored experience to propel founders towards a credible MVP and funding. Adelante Community Development Aya Foundation Black Business Initiative Latino Leadership Institute – LEAP (Latino Entrepreneur Access Program) is a growth-stage entrepreneur accelerator for Latino & BIPOC business leaders. Sistahbiz – Sistahbiz Global Network is a business accelerator providing affordable options for coaching, training and services to help Black women build scalable, sellable models and access the back office support, financial and social capital that they need to play big in business. SVP Denver – At SVP Denver, we provide nonprofit and for-profit organizations dedicated to building a batter Denver with free training, strategic consulting services and low-interest investment to increase their impact. The Sanford Group