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I am a start-up with no revenues yet. Can I apply?
I am a start-up with no revenues yet. Can I apply?
CFIN Staff avatar
Written by CFIN Staff
Updated over a year ago

CFIN programs are extremely competitive and applicants who cannot clearly demonstrate their ability to cover their portion of the project costs are at a significant disadvantage during the review process. For early-stage applicants, a term sheet, a bank statement, or other documentation demonstrating your financial position, and letter showing you have the balance of your request is the bare minimum. Please be aware that we are a reimbursement program and that you will have to incur all costs and carry that expense for some time as we only do quarterly claims. Reimbursement can take up to 16 weeks and we do not provide advances.

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