is a newly formed for-profit entity or a newly formed for-profit subsidiary of an existing entity;

has a management team with experience in alternative energy financing or relevant venture capital financing; and

has a primary objective of investment in smaller enterprises that research, manufacture, develop, produce, or bring to market goods, products, or services that generate or support the production of renewable energy.

a business plan describing how the company intends to make successful venture capital investments in smaller enterprises primarily engaged in the research, manufacture, development, production, or bringing to market of goods, products, or services that generate or support the production of renewable energy;