Brandon,

I have three suggestions. First, I would like to propose that we leave off the graphic for LOI.
Since it is not clear whether they will accept this or not (limit 2 pages bolded in FFO) it is better
that it does not disqualify our letter.

Secondly, based on the language in the FFO on match:

Matching
The matching share requirement may be met through in-kind contributions, consisting of
contributions of space, equipment, or services or forgiveness or assumptions of debt. See section
204(b) of PWEDA (42 U.S.C. § 3144). EDA will fairly evaluate all in-kind contributions, which
must be eligible project costs, verifiable through audit, and meet applicable Federal cost
principles and uniform administrative requirements. Please note that because EDA funds cannot
be used as venture capital or as an equity investment, the matching share may not include
venture capital or equity.

We may want to remove “#5 Funding” on our LOI as it is not clear what type it is.
As far as matching goes, some ideas for match on our side could be: space rental for RV, LLC, B
to B CFO services, TechConnect or VentureTech events that connect us to MI partners.

Lastly, the FAQ has some detail about the federal agency follow-on funding
http://www.eda.gov/PDF/2011%20i6%20Green%20FAQ%20v7.pdf page 28-29. As far as EPA,
USDA and NSF, to my knowledge we have no eligible companies for SBIR phase II in our
region, MI may have some. But for the EPA and DOE non-SBIR grant funding we should
definitely have some statements to the effect of the success of our partnering companies (mostly
PVIC) in securing DOE funding (elsa would be able to get us this figure if we want a stat) and
our plans to connect to this funding.