Bellator's investment criteria are not a checklist to be scored or weighted. They are binary thresholds. A company that satisfies three of four will not be considered until the fourth is achieved.
Every company Bellator considers must satisfy all four of the following prerequisites. These are verified at the time of initial inquiry. A company that meets two of four will not be considered until the third is achieved. Partial satisfaction does not exist within Bellator's framework.
The company must hold an active, DCSA-granted Top Secret Facility Clearance that is unsponsored. Sponsored or interim clearances do not qualify. The clearance must be in good standing with no open adverse actions or reporting deficiencies at the time of inquiry.
The company's principal place of business must be at a Tampa, Florida address, OR there must be documented evidence that 50% or more of employees, cleared personnel, and operational activity is conducted from the Tampa / MacDill AFB corridor. P.O. Box registrations do not qualify.
The company must hold a current, active prime contract — FAR-based, OTA, or SBIR Phase II — where the company is the prime contractor on a direct government award. Subcontract agreements, teaming arrangements, or task orders under a prime held by another entity do not qualify.
The company must be a domestic C corporation with $75 million or less in gross assets, with 80% or more of assets employed in an active qualified trade or business. Eligible industries primarily include manufacturing, retail, wholesale, technology, and biotechnology. The business must meet these requirements at the time of investment.
Bellator does not provide investment decisions, term sheets, or letters of intent to companies that do not satisfy all four prerequisites at the time of initial review. Companies currently satisfying two or three prerequisites are encouraged to address outstanding requirements and re-engage when qualified.
Within the universe of companies satisfying all four prerequisites, Bellator applies sector filters as qualitative criteria. A company in a non-target sector will not be considered regardless of prerequisite satisfaction.
Bellator's sweet spot is the post-contract, pre-scale inflection point — companies that have proven the government will pay, but have not yet built the infrastructure to grow at scale.
Bellator does not invest in technology. It invests in teams that can identify, win, and execute government contracts in the most demanding security environments in the world.
Review all four prerequisites and the sector focus list. If your company satisfies every prerequisite and operates in a target sector, proceed to step two. If not, address outstanding requirements first.
Complete the contact form and provide a brief description of your company, current revenue, FCL status, and government contract portfolio. Do not share classified information in initial correspondence.
All inquiries are reviewed directly by the principals. Qualified companies will be contacted to schedule an initial call. Bellator does not use screening staff or investment analysts for initial review.