Investment Focus

Basic Criteria

  • Business-services (B2B) products and services
  • Strong technical, software, and/or hardware component to the core business model
  • Annual revenues from $50,000 to $200,000
  • Equity requirements of $30,000 up to $1 million

  • No consumer-facing (B2C) products, services, or startups please.

Start with Bakersfield looks for the following criteria with potential investments:

  • Formed as a legal entity (LLC, Partnership, S- or C-Corp), with bank account and liability insurance coverage already in place
  • Minimum of $15,000 or 360 man-hours invested in development of company and products (proof of time invested will be required)
  • Sustainable business model, differentiation to market, and/or proprietary advantage
  • Brands or business practices that are not regionally bound and can be leveraged beyond Bakersfield, Kern County, and the San Joaquin Valley
  • Businesses that utilize web technologies and open source software
  • Software as a Service (SaaS) and Platform as a Service (PaaS)
  • Strong personnel in at least two of the following categories:
    • technical implementation,
    • business acumen and experience, and/or
    • competitive market domain knowledge
  • Profitability, free cash flow, or near-term free cash flow without advertising as the primary source of revenue
  • Entrepreneurial spirit, high engagement, attention to detail, and continued interest in being ongoing owner/partners

Start with Bakersfield is experienced in working with

  • Growth oriented companies
  • Businesses new to in the Bakersfield, Kern County, or San Joaquin Valley region
  • Converting single-member LLCs and sole proprietorships into California and Delaware C-Corps
  • Founder business transitions
  • Migrating development onto enterprise-ready or cloud platforms
  • Moving to open-source and/or license-free technologies
  • Staffing and training teams; team member replacement