Roger. The individual with dogged persistence is where the value comes from. More so from persistence of potentially rewarding ideas rather than pursuing fickle sources of capital.
Nicely motivational and it looks like an advertisement to attract midwestern entrepreneurs, too bad this particular group is not about to even consider an individual or even a small team unless they have already attracted overwhelming interest beforehand:
"iSelect identifies and invests in promising early-stage, private companies with more than just an idea. Our companies have already raised at least $250,000 through the “friends and family” round or received significant non-dilutive financing through grants or other sources. The entrepreneurs we work with are moving beyond concept to commercialization, but require more capital for further development."
Then again they are not about to show interest unless the "single person with an idea" has already attracted interest from even more elusive capitalists whom they can ride the coattails of:
"iSelect does not lead transactions. We only co-invest alongside sophisticated investors such as venture funds, reputable angel groups or family offices with domain experience. Prospective companies must already have, or be in discussions with, a sophisticated lead investor willing to set the price and terms of the round."
Looks like they have the perfect formula to exclude individuals like Jobs, Zuckerberg, Ford, or especially Edison unless the individual has already gotten the momentum to devote more effort to fundraising than actual development of their winning ideas.
Typical.