PROGRAM QUALIFYING CRITERIA

1) Applicant must have fewer than 225 U.S. employees (including affiliates)

2) Applicant must have # of employees per years in business (below)                        * 1-3 yrs applicant must have at least 1 full-time employees                                 * 3-5 yrs applicant must have at least 5 full- time employees
            * 5-10 yrs applicant must have at least 10 full-time employees    

3) Applicant must have net operating losses for two most recent years (including affiliates)

4) Applicant must offer Health Insurance to its employees

5) Applicant must have and provide Proprietary Protected Intellectual Property

6) Applicant must be a Technology or Biotechnology Company (glossary)