In General. In addition to the investment criteria set forth in 14.04.02.05, TEDCO shall consider the following investment criteria: Whether the market opportunity is appropriate for venture-stage investment; Whether the applicant, at the time it submits an application to TEDCO, is raising a minimum investment round of $2 million; Except for life sciences businesses, whether the applicant’s quarterly revenues equal or exceed $250,000; Whether the investment has the potential to generate returns of two times the amount of TEDCO’s invested capital not more than 8 years from the date of the investment; Whether the applicant presents a plausible exit strategy for investors; Whether the applicant can provide access to or information about its partners and customers; Whether the management team has the skills and ability to effectively secure an institutional venture investment or effectuate a successful exit for investors; Whether the applicant has the potential to secure institutional venture capital from other investors concurrent with Maryland Venture Fund; and Except for life science businesses, whether the applicant’s annual growth rate equals or exceeds 20 percent.