Initial feasibility determination will be made upon review of a business plan. The plan should discuss the items listed in the Business Plan Guidelines. The next step is agreement on the general terms and conditions of the requested funding. Once the applicant accepts the Term Sheet, due diligence review begins. The review will be conducted by staff and consultants, as appropriate. When the due diligence results in a recommendation for approval, the request is submitted for review and/or approval by the Investment Review Committee and Board of Directors.