While VentureTech's major focus is on early-stage companies in the fabless semiconductor industry, and other related technologies, their strategic objectives are much broader. The firm looks for companies that have potential long-term synergy and impact in the overall semiconductor market.Their focus is primarily on fabless semiconductor companies; semiconductor infrastructure companies, such as EDA, IP or semiconductor equipment companies; and emerging technologies in market segments that may require complex outsourced manufacturing services. The applicant company's target market must be identifiable, have high growth potential and have defensible barriers to entry.The applicant company must show how their product fits and is positioned against other competing products in their market segment and must fully understand all elements of the competitive landscape. VentureTech seeks companies demonstrating a competitive advantage in their market or companies operating within a niche market.VentureTech looks for companies with intellectual property, such as copyrights, patents or strategic core competencies that will help the company defend and lead its target market.The applicant company's management team should have strong business management skills, be strategic thinkers, and have the ability to lead the company through several stages of growth. Technical expertise and experience in their market segment is critical.The applicant company must show a viable business model with progressive, realistic growth that will lead the applicant company to profitability within two to years. VentureTech wants companies that can closely manage operating expenses on a lean budget and achieve superior financial returns.