[{"data":1,"prerenderedAt":533},["ShallowReactive",2],{"document-accelerators-for-startups-D13309":3},{"document":4,"label":26,"preview":11,"thumb":27,"description":5,"descriptionCustom":6,"apiDescription":5,"pages":8,"extension":10,"parents":28,"breadcrumb":32,"related":40,"customDescModule":178,"customdescription":6,"mdFm":179,"mdProseHtml":532},{"description":5,"descriptionCustom":6,"label":7,"pages":8,"size":9,"extension":10,"preview":11,"thumb":12,"svgFrame":13,"seoMetadata":14,"parents":16,"keywords":15},"10 ACCELERATORS FOR STARTUPS There are many exciting startup accelerators out there that can provide guidance and support to new businesses. These accelerators can assist these entities in exchange for a portion of business equity. Such groups can provide mentorship support or assistance in raising funds at the early stages. Many entities may also focus on startups in particular business fields, including some of the fastest-growing industries. You'll find many startup accelerators today, but it's essential to be sure you find one that fits your needs. Here's a look at some of the top accelerators for startups in today's market. Y Combinator Y Combinator is an accelerator that works with various startups by supporting a three-month work program. Y Combinator assists in producing a thorough foundation for a business, plus it offers demo days where startups can present their offerings to public audiences. Techstars Tech startups will benefit from what Techstars can provide. Techstars provides capital funding and mentorship support for tech businesses of all sorts, including Web3 and CleanTech groups. Short-term workshops are available for various business operators aiming to take their entities to the next level. Plug and Play Plug and Play is another group that supports tech startups. Plug and Play provides help for businesses in many tech sectors, including energy, fintech, mobility, and sustainability. The group offers a 12-week program for startups that helps them establish a plan of action for work and efforts to raise funds through more outside parties. Alchemist Accelerator Enterprise startups that will sell products and services to other enterprises should consider Alchemist Accelerator. This accelerator focuses on enterprise-based entities. The group helps startups learn how to interact with customers while providing details on how to create a suitable work path for future success. Many startups that enter the Alchemist program will automatically receive a small cash investment to help them grow. Dreamit Ventures There are also some startup accelerators available for startups that currently have a pilot program or another test ready for use",null,"Accelerators For Startups","3",513,"doc","https://templates.business-in-a-box.com/imgs/1000px/accelerators-for-startups-D13309.png","https://templates.business-in-a-box.com/imgs/250px/13309.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#13309.xml",{"title":15,"description":6},"accelerators for startups",[17,20,23],{"label":18,"url":19},"Business Plan Kit","/templates/business-plan-kit/",{"label":21,"url":22},"Board of Directors","/templates/board-of-directors/",{"label":24,"url":25},"Sales & Marketing","/templates/sales-marketing/","Accelerators For Startups Template","https://templates.business-in-a-box.com/imgs/400px/13309.png",[29,17,20,23],{"label":30,"url":31},"Templates","/templates/",[33,34,37],{"label":30,"url":31},{"label":35,"url":36},"Legal Agreements","/templates/business-legal-agreements/",{"label":38,"url":39},"Equity & Mergers","/templates/equity-and-mergers/",[41,45,49,53,57,61,65,69,73,77,81,85,89,104,118,132,146,161],{"label":42,"url":43,"thumb":44,"extension":10},"Executive Summary - For Startups","/template/executive-summary---for-startups-D12530","https://templates.business-in-a-box.com/imgs/250px/12530.png",{"label":46,"url":47,"thumb":48,"extension":10},"List Of Business Tasks For Startups","/template/list-of-business-tasks-for-startups-D12955","https://templates.business-in-a-box.com/imgs/250px/12955.png",{"label":50,"url":51,"thumb":52,"extension":10},"The Seven Wealth Accelerators For Business Success","/template/the-seven-wealth-accelerators-for-business-success-D13409","https://templates.business-in-a-box.com/imgs/250px/13409.png",{"label":54,"url":55,"thumb":56,"extension":10},"Checklist Start-Up","/template/checklist-start-up-D110","https://templates.business-in-a-box.com/imgs/250px/110.png",{"label":58,"url":59,"thumb":60,"extension":10},"How To Start An LLC","/template/how-to-start-an-llc-D13349","https://templates.business-in-a-box.com/imgs/250px/13349.png",{"label":62,"url":63,"thumb":64,"extension":10},"How To Start An Online Business","/template/how-to-start-an-online-business-D12954","https://templates.business-in-a-box.com/imgs/250px/12954.png",{"label":66,"url":67,"thumb":68,"extension":10},"How To Start An Ecommerce Business","/template/how-to-start-an-ecommerce-business-D13348","https://templates.business-in-a-box.com/imgs/250px/13348.png",{"label":70,"url":71,"thumb":72,"extension":10},"How To Start A Personal Brand","/template/how-to-start-a-personal-brand-D13123","https://templates.business-in-a-box.com/imgs/250px/13123.png",{"label":74,"url":75,"thumb":76,"extension":10},"How To Finish What You Start","/template/how-to-finish-what-you-start-D13206","https://templates.business-in-a-box.com/imgs/250px/13206.png",{"label":78,"url":79,"thumb":80,"extension":10},"How To Start and Master Personal Branding","/template/how-to-start-and-master-personal-branding-D13350","https://templates.business-in-a-box.com/imgs/250px/13350.png",{"label":82,"url":83,"thumb":84,"extension":10},"10 Reasons To Start A Home Based Business","/template/10-reasons-to-start-a-home-based-business-D13195","https://templates.business-in-a-box.com/imgs/250px/13195.png",{"label":86,"url":87,"thumb":88,"extension":10},"Startup Business Plan","/template/startup-business-plan-D13186","https://templates.business-in-a-box.com/imgs/250px/13186.png",{"description":90,"descriptionCustom":6,"label":91,"pages":92,"size":93,"extension":10,"preview":94,"thumb":95,"svgFrame":96,"seoMetadata":97,"parents":98,"keywords":102,"url":103},"CONVERTIBLE NOTE AGREEMENT This Convertible Note Agreement (\"Agreement\") is made and effective the [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Company\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [NOTE HOLDERS NAME] (the \"Note Holders\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS, Note Holders are willing to lend Company the aggregate sum of [AMOUNT] be evidenced by [%] Convertible Promissory Notes. In consideration of the mutual covenants and conditions herein contained, the parties hereby agree, represent and warrant as follows: Issue of Notes The Company will authorize the issue of its [%] Convertible notes (hereinafter called \"Notes\") in the aggregate principal amount of [amOUNT] to be dated [date] to mature on [date] to bear interest on the unpaid principal thereof at the rate of [%] per annum until maturity, payable on the [day] of [month] in each year, commencing on [date], [year], and after maturity at the rate of [%] per annum until paid, and to be substantially in the form of Exhibit A attached hereto. For the purposes of calculating interest for any period for which the interest shall be payable, such interest shall be calculated on the basis of a [number] day month and a [number] day year. The Company will promptly and punctually pay to Note Holders or their nominee the interest on any of the Notes held by Note Holders without presentment of the Notes. In the event that Note Holders shall sell or transfer any of the Notes, they shall notify the Company of the name and address of the transferee. In the event the Company defaults on any installment of interest or principal, then any Holder of these Notes may, at his option, without notice, declare the entire principal and the interest accrued thereon immediately due and payable and may proceed to enforce the collection thereof. All the Notes shall contain a confession of judgment provision. The Company will also authorize the issue of [number] shares of its common stock (hereinafter called \"The Stock\") and will authorize the issuance of and reserve for such purchase such a number of additional shares of common stock (hereinafter called the \"Conversion Stock\") as may from time to time be the maximum number required for issuance upon conversion of the Notes pursuant to the conversion privileges hereinafter stated. Sale and Purchase of Notes and Stock The Company will sell the Notes to the purchasers listed on Exhibit A, each of whom agrees to purchase the principal amount of the Notes set opposite their names, subject to the terms and conditions hereof and in reliance upon the representations and warranties of the Company contained herein, at the purchase price of [%] of the principal amount. Representations and Warranties by the Company Company is a corporation duly organized and existing in good standing under the laws of the State of [state/province] has the corporate power to own its own property and to carry on in the business as it is now being conducted. Company has on its corporate records the names of the following individuals who each own [number] shares of common stock which constitute all the issue and outstanding capital stock of the Company as of this date. The Company has furnished to the Note Holders an Offering Circular which is attached hereto as Exhibit B. The financial statements contained therein are true and correct and have been prepared in accordance with generally accepted accounting principles consistently followed throughout the period indicated. There is no action or proceeding pending or, to the knowledge of the Company, threatened against the Company before any court or administrative agency, the determination of which might result in any material adverse change in the business of the Company. The Company has title to the respective properties and assets including the properties and assets reflected on the financial statement for the year ending [date] and which assets and properties are subject to no liens, mortgages, encumbrances or charges except a security interest to [specify]. The Company is not a party to any contract or agreement or subject to any restriction which materially and adversely affects its business, property or assets, or financial condition, and neither the execution nor delivery of this Agreement, nor the confirmation of the transactions contemplated herein, nor the fulfillment of the terms hereof, nor the compliance with the terms and provisions hereof and of the Notes, will conflict with or result in the breach of the terms, conditions or provisions or constitute a default, under the Articles of Incorporation or Code of Regulations of the Company or of any Agreement or instrument to which the Company is now a party. The Company has not declared, set aside, paid or made any dividend or other distributions with respect to its capital stock and has not made or caused to be made directly or indirectly, any payment or other distribution of any nature whatsoever to any of the holders of its capital stock except for regular salary payments for services rendered and the reimbursement of business expenses. All of the equipment and automobiles of the Company are in good condition and repair. There are no outstanding options or rights to purchase shares of the Company and no outstanding securities with the right of conversion into shares of the Company. The Company owns or possesses adequate licenses or other rights to use, all patents, trademarks, trade names, trade secrets, and copyrights used in its business. No one has asserted to the Company that its operations infringe on the patents, trademarks, trade secrets or other rights utilized in the operation of its business. Neither the Company nor any agent or employee acting in its behalf has offered the Notes or the Stock or any portion thereof for sale to or solicited in any offer to buy the same or any thereof from any person or persons other than the purchasers listed in the attached Exhibit A and [NUMBER] other persons, and neither the Company nor any agent or employee acting in its behalf will sell or offer for sale the Notes or Stock or any portion thereof to or solicit any offer to buy the Notes or the Stock from any person or persons so as to bring the issuance or sale thereof within the provisions of Section [NUMBER] of the [ACT]. Representations and Warranties by the Note Holders The Note Holders represent and warrant that: The Note Holders are subscribing for the Notes and Stock for investment purposes and not with the view to or for sale in connection with any distribution thereof and that they have no present intent to sell, give or otherwise transfer the Notes or Stock. The Note Holders state that they are and residents of the State of [state/province]. The Note Holders understand that this is a highly speculative investment in a Company which is insolvent both from a legal and an equity standpoint. Individuals represent and warrant that they have a net worth in excess of [amount] exclusive of their residences and that they are sophisticated investors who are knowledgeable about the [specify] business. Note Holders state that they will be active in the affairs of the business of the Company. Prepayment of the Notes Company shall have the right to make prepayments on principal of the Notes at any time on [number] days written notice. Such prepayment shall be accompanied by a payment of all accrued interest to date. There shall be no premium for the amount so prepaid. Conversion","Convertible Note Agreement","6",64,"https://templates.business-in-a-box.com/imgs/1000px/convertible-note-agreement-D870.png","https://templates.business-in-a-box.com/imgs/250px/870.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#870.xml",{"title":6,"description":6},[99,101],{"label":35,"url":100},"business-legal-agreements",{"label":35,"url":100},"convertible note agreement","/template/convertible-note-agreement-D870",{"description":105,"descriptionCustom":6,"label":106,"pages":107,"size":108,"extension":10,"preview":109,"thumb":110,"svgFrame":111,"seoMetadata":112,"parents":113,"keywords":116,"url":117},"JOINT VENTURE AGREEMENT This Joint Venture Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"First Joint Venturer\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [SECOND JOINT VENTURER NAME] (the \"Second Joint Venturer\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] This Agreement is entered by First Joint Venturer and Second Joint Venturer, herein after collectively referred to as the \"Joint Venturers\", for the purpose of performing: [DESCRIBE JOINT VENTURE]. WITNESSETH: WHEREAS, the parties are desirous of forming a Joint Venture (the \"Venture\"), under the laws of the [State/Province] of [STATE/PROVINCE] by execution of this Agreement for the purposes set forth herein and are desirous of fixing and defining between themselves their respective responsibilities, interests, and liabilities in connection with the performance of the before mentioned project; and NOW, THEREFORE, in consideration of the mutual covenants and promises herein contained, the Parties herein agree to constitute themselves as Joint Venturers, henceforth, \"Venturers\" for the purposes before mentioned, and intending to be legally bound hereby, the parties hereto, after first being duly sworn, do covenant, agree and certify as follows: DEFINITIONS \"Affiliate\" shall refer to (i) any person directly or indirectly controlling, controlled by or under common control with another person, (ii) any person owning or controlling 10% or more of the outstanding voting securities of such other person, (iii) any officer, director or other partner of such person and (iv) if such other person is an officer, director, joint Venturer or partner, any business or entity for which such person acts in any such capacity. \"Venturers\" shall refer to [VENTURE NAME] Inc., and any successor(s) as may be designated and admitted to the Venture. \"Internal Revenue Code\", \"Code\" or \"I.R.C.\" shall refer to the current and applicable Internal Revenue Code. \"Net Profits and Net Losses\" means the taxable income and loss of the Venture, except as follows: [DESCRIBE] The \"Book\" value of an asset shall be substituted for its adjusted tax basis if the two differ, but otherwise Net Profits and Net Losses shall be determined in accordance with federal income tax principles. \"Project\" shall refer to that certain [DESCRIBE] project known as [NAME]. \"Treasury Regulations\" shall refer to those regulations promulgated by the Department of the Treasury with respect to certain provision of Internal Revenue Code. \"Percentage of Participation\" shall refer to that figure set forth in Exhibit A. FORMATION, NAME, AND PRINCIPLE PLACE OF BUSINESS Formation (a) The Venturers do hereby form a joint venture pursuant to the laws of the State of [STATE/PROVINCE] in order for the Venture to carry on the purposes for which provision is made herein. (b) The Ventures shall execute such certificates as may be required by the laws of the [State/Province] of [STATE/PROVINCE] or of any other state in order for the Venture to operate its business and shall do all other acts and things requisite for the continuation of the Venture as a joint venture pursuant to applicable law. Name The Name and style under which the Venture shall be conducted is: [DESCRIBE]. Principal place of business The Venture shall maintain its principal place of business at [FULL ADDRESS]. The Venture may re-locate its office from time to time or have additional offices as the Venturers may determine. PURPOSE OF THE JOINT VENTURE The business of the Venture shall be to perform: [DESCRIBE], a project having the Contract # , being entitled, and being in a dollar amount of [AMOUNT], in accordance with the contract documents for the Project and all such other business incidental to the general purposes herein set forth. TERM The term of the Venture shall commence as of the date hereof and shall be terminated and dissolved upon the earliest to occur of: (i) completion of the Project and receipt of all sums due the Venture by the Owner, [OWNER NAME] pursuant thereto and payment of all laborers and material men employed by the Venture in connection with the project; (ii) [DATE]; (iii) the unanimous agreement of the Ventures; or (iv) the order of a court of competent jurisdiction. PERCENTAGE OF PARTICIPATION Description Except as otherwise provided in sections 6.0 and 9.0 hereof, the interest of the Parties in any gross profits and their respective shares in any losses and/or liabilities that may result from the filing of a joint bid and/or the performance of the Construction Contract, and their interests in all property and equipment acquired and all money received in connection with the performance of the Contract shall be as follows: [Name Joint Venture Partner Percentage] Losses The Parties agree that in the event any losses arise out of or results from the performance of the Project, each Venturer shall assume and pay the share of the losses that is equal to the percentage of participation. Liabilities If for any reason, a Venturer sustains any liabilities or is required to pay any losses arising out of or directly connected with the Project, or the execution of any surety bonds or indemnity agreements in connection therewith, which are in excess of its Percentage of Participation, in the Joint Venture, the other Venturer shall promptly reimburse such Venturer this excess, so that each and every member of the Joint Venturer will then have paid its proportionate share of such losses to the full extent of its Percentage of Participation. Indemnities The Venturers agree to indemnify each other and to hold the other harmless from, any and all losses of the Joint Venture that are in excess of such other Venturer's Percentage of Participation. Provided that the provisions of this subsection shall be limited to losses that are directly connected with or arise out of the performance of the Project and/or the execution of any bonds or indemnity agreements in connection therewith and shall not be relate to or include any incidental, indirect or consequential losses that may be sustained or suffered by a Party. Duration The Parties shall from time to time execute such bonds and indemnity agreements, including applications there and other documents that may be necessary in connection with the performance of the Project. Provided however, that the liability of each of the Parties under any agreements to indemnify a surety company or surety companies shall be limited to the percentage of the total liability assumed by all the Parties under such indemnity agreements that is equal to the Party's Percentage of Participation. Initial contribution of the venture (a) The Venturers shall contribute the Property to the Venture and their Capital Account shall each be credited with the appropriate value of such contribution in accordance with their Venture interests. (b) Except as otherwise required by law or this Agreement, the Venturers shall not be required to make any further capital contributions to the Venture. Venture interests Upon execution of this Agreement, the Venturers shall each own the following interests in the Venture: Joint Venture Partner Percentage Return of capital contributions (a) No Venturer shall have the right to withdraw his capital contributions or demand or receive the return of his capital contributions or any part thereof, except as otherwise provided in this Agreement. (b) The Venturers shall not be personally liable for the return of capital contributions or any part thereof, except as otherwise provided in this Agreement. (c) The Venture shall not pay interest on capital contributions of any Venturer.","Joint Venture Agreement","7",70,"https://templates.business-in-a-box.com/imgs/1000px/joint-venture-agreement-D889.png","https://templates.business-in-a-box.com/imgs/250px/889.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#889.xml",{"title":6,"description":6},[114,115],{"label":35,"url":100},{"label":35,"url":100},"joint venture agreement","/template/joint-venture-agreement-D889",{"description":119,"descriptionCustom":6,"label":120,"pages":92,"size":9,"extension":10,"preview":121,"thumb":122,"svgFrame":123,"seoMetadata":124,"parents":126,"keywords":125,"url":131},"TECHNOLOGY LICENSING AGREEMENT This Technology License Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [NAME OF LICENSOR], (the \"Licensor\"), an individual with their main address located at OR a Company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [NAME OF LICENSEE], (the \"Licensee\"), an individual with their main address located at OR a Company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] Collectively, the Licensor and Licensee shall be referred to as the \"Parties.\" WHEREAS, the Licensor is the owner of certain Technology, the details of which are further mentioned in the Agreement, and it deploys that Technology to manufacture Equipment; WHEREAS, the Licensee wishes to make use of the Equipment constructed and manufactured by the Licensor in lieu of certain considerations and thus intends to obtain a license of use of such Equipment of the Licensor, manufactured by it, by deploying the Technology created and owned by the Licensor; WHEREAS, the Licensor has agreed to grant the Licensee the License to use the Equipment owned, constructed and developed by the Licensor in lieu of certain considerations. WHEREAS, both the Parties wish to enter into a written contract in order to enlist the various terms and conditions of the Agreement. NOW, THEREFORE, the Parties agree as follows: DEFINITIONS The \"Technology\" means any and all proprietary processes, inventions, software, hardware, discoveries, technology, equipment, tools, drawings, designs, prototypes, plans, specifications, materials, trade secrets, know-how, standards, documentation, applications, methods, techniques, formulae, protocols, analyses, information and data in any form (whether or not patentable or copyrightable), and any and all other intellectual property or proprietary information, that presently exists or is developed prior to, on or after the date of execution of this Agreement relating in any way to the Licensor's technology. \"Equipment\" means the equipment that comprises of the hardware and software Technology invented by the Licensor as specified in Schedule 1, as amended from time to time by the written agreement of the Parties. \"Documentation\" means any documentation supplied to the Licensee by the Licensor from time to time during the continuation of this Agreement and which relates to the Licensed Technology. \"Intellectual Property Rights\" means the patents, trademarks, service marks, registered designs and applications for any of the foregoing, copyright, know-how confidential information, trade or business names, design rights and any other similar rights protected in any country. SCOPE The scope of the present Agreement is that the Licensor is the owner of certain Technology and the Licensee wishes to obtain a license to use this Technology by installation of the Equipment at the site of the Licensee. The Licensee shall pay an upfront fee and a monthly fee for the Equipment that shall be installed at the site of the Licensee deploying the Technology licensed by the Licensor. TERM The term of this Agreement will be [NUMBER OF YEARS] years as from the above date of the Agreement. GRANT OF LICENSE AND RIGHTS The Licensor grants to the Licensee a non-exclusive, nontransferable, non-sub licensable, personal license (\"License\"), limited right and license to use the Licensor's Technology and Equipment to [STATE PURPOSE] (hereinafter referred to as \"Purpose\"). The rights granted herein are assigned to the Licensee and the Licensee shall not assign its right to any third party. REPRESENTATION AND WARRANTIES OF LICENSEE The Licensee represents and warrants that it has full capacity to enter into and perform this Contract. The Licensee represents and warrants that it shall use the license and rights granted to it under Section 4 of the present Agreement only for the Purpose stipulated under the present Agreement. The Licensee shall keep the Equipment in proper condition and perform scheduled maintenance as instructed by the Licensor. The Licensee shall use the Equipment only in the manner as guided by the Licensor and shall maintain the Equipment in a workable manner. The Licensee shall pay timely payments of the fees as stated in Section 8 of the present Agreement. The Licensee shall bear the cost of maintenance of the Equipment or its parts post the expiration of the period of the warranty. REPRESENTATION AND WARRANTIES OF LICENSOR The Licensor warrants and represents that it is the rightful owner of the Intellectual Property Rights and has authority to grant the License as mentioned in Section 4 of the Agreement. The Licensor warrants and represents that it shall assist the Licensee in any claim that arises out of the use of the granted License and rights. The Licensor warrants that it shall assist the Licensee in operating the Equipment properly by making it acquainted with the operational systems and work flow. RELATIONSHIP It is understood by both the Parties that nothing in this Agreement will be construed as creating a relationship of partnership, joint venture, agency or employment between the Parties. PAYMENT ","Technology Licensing Agreement","https://templates.business-in-a-box.com/imgs/1000px/technology-licensing-agreement-D13434.png","https://templates.business-in-a-box.com/imgs/250px/13434.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#13434.xml",{"title":125,"description":6},"technology licensing agreement",[127,128],{"label":35,"url":100},{"label":129,"url":130},"License Agreements","license-agreement","/template/technology-licensing-agreement-D13434",{"description":133,"descriptionCustom":6,"label":134,"pages":8,"size":9,"extension":10,"preview":135,"thumb":136,"svgFrame":137,"seoMetadata":138,"parents":140,"keywords":139,"url":145},"NON-DISCLOSURE AGREEMENT (NDA) This Non-Disclosure Agreement (the \"Agreement\") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Disclosing Party\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [RECEIVING PARTY NAME] (the \"Receiving Party\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS, Receiving Party has been or will be engaged in the performance of work on [DESCRIBE]; and in connection therewith will be given access to certain confidential and proprietary information; and WHEREAS, Receiving Party and Disclosing Party wish to evidence by this Agreement the manner in which said confidential and proprietary material will be treated. NOW, THEREFORE, it is agreed as follows: NON-DISCLOSURE OF CONFIDENTIAL INFORMATION Both Parties understand and agree that each Party may have access to the confidential information of the other party. For the purposes of this Agreement, \"Confidential Information\" means proprietary and confidential information about the Disclosing Party's (or it's suppliers') business or activities. Such information includes all business, financial, technical, and other information marked or designated by such Party as \"confidential\" or \"proprietary.\" Confidential Information also includes information which, by the nature of the circumstances surrounding the disclosure, ought in good faith to be treated as confidential. For the purposes of this Agreement, Confidential Information does not include: Information that is currently in the public domain or that enters the public domain after the signing of this Agreement. Information a Party lawfully receives from a third Party without restriction on disclosure and without breach of a non-disclosure obligation. Information that the Receiving Party knew prior to receiving any Confidential Information from the Disclosing Party. Information that the Receiving Party independently develops without reliance on any Confidential Information from the Disclosing Party. Each Party agrees that it will not disclose to any third Party or use any Confidential Information disclosed to it by the other Party except when expressly permitted in writing by the other Party. Each Party also agrees that it will take all reasonable measures to maintain the confidentiality of all Confidential Information of the other Party in its possession or control. TERM The term of this Agreement is [number] of [years/months] from the date of execution by both Parties. TITLE The Receiving Party agrees that all Confidential Information furnished by the Disclosing Party shall remain the sole property of the Disclosing Party. DISCLAIMER","Non Disclosure Agreement Nda","https://templates.business-in-a-box.com/imgs/1000px/non-disclosure-agreement-nda-D12692.png","https://templates.business-in-a-box.com/imgs/250px/12692.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12692.xml",{"title":139,"description":6},"non disclosure agreement nda",[141,142],{"label":35,"url":100},{"label":143,"url":144},"Confidentiality Agreements","confidentiality-agreement","/template/non-disclosure-agreement-nda-D12692",{"description":147,"descriptionCustom":6,"label":148,"pages":149,"size":9,"extension":10,"preview":150,"thumb":151,"svgFrame":152,"seoMetadata":153,"parents":155,"keywords":154,"url":160},"SHAREHOLDERS AGREEMENT This Shareholders Agreement (the \"Agreement\") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Company\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [FIRST SHAREHOLDER NAME] (the \"First Shareholder\"), an individual with his main address located at OR a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [SECOND SHAREHOLDER NAME] (the \"Second Shareholder\"), an individual with his main address located at OR a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [THIRD SHAREHOLDER NAME] (the \"Third Shareholder\"), an individual with his main address located at OR a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WITNESSETH: WHEREAS, the present distribution of shares of the Company is as follows: Name Number of Shares WHEREAS, in order to insure the harmonious and successful management and control of the Company, and to provide for an orderly and fair disposition of shares of common stock of the Company now or hereafter owned by any Shareholder; NOW, THEREFORE, in consideration of the mutual promises of the parties hereto, and intending to be legally bound, the parties hereby agree as follows: Definitions and organisation of the company \"Offering Shareholder\" means any Shareholder, or his personal representatives, heirs, administrators, and executors, as the case may be, who pursuant to this Agreement must or does offer all or any of his Shares to the Company or the Continuing Shareholders. \"Continuing Shareholders\" means all Shareholders other than an Offering Shareholder. \"Shares\" means shares of Common Stock of the Company now or hereafter owned by any Shareholder. \"Buyer\" means the Company or those Continuing Shareholders who purchase an Offering Shareholder's Shares pursuant to this Agreement. \"Management Shareholder\" means First Shareholder, Second Shareholder and Third Shareholder. ORGANISATION OF THE COMPANY The affairs of the Company will be managed by a board of [NUMBER] directors unless changed by a unanimous Directors' Resolution. The present directors of the Company are [DIRECTORS' NAMES]. It is agreed that [SHAREHOLDERS' NAMES] shall each be entitled to elect one director to the board of directors of the Company so long as each is a Shareholder. Two (2) directors shall constitute a quorum for the transaction of any business at any meeting of the board of directors. At all meetings of the board of directors, every motion to be carried must receive a majority of the votes cast, subject to the provisions of subparagraphs 2.4 and 2.5. Unless otherwise agreed, board meetings will be held at the head office of the Company. In the event that a nominee to the Board of one of the Shareholders shall fail to vote and act as a director to carry out the provisions of this agreement, then the shareholders agree to exercise their right as shareholders of the Company and in accordance with the Articles of the Company to remove such nominee from the Board and to elect in the place or stead thereof such individual who will use his/her best efforts to carry out the provisions of this agreement but only in the event that the Shareholder whose nominee has been removed fails to appoint a successor within a period of fourteen days from the date such nominee has been removed. The election, appointment and determination of officers and the auditors and advisors of the Company, the defining of their duties and functions and the salaries and remuneration to be paid to them will be a function of the board of directors. Until changed by the board of directors, the Officers of the Company and their annual salaries shall be: Office Held: Director: [NAME] [SALARY] Secretary: [NAME] [SALARY] All direct out-of-pocket expenses will be reimbursed provided these falls within guidelines set out by the Board of Directors from time to time. Until otherwise agreed, each officer of the Company will commit to spending his/her full time on the affairs of the Company. Until changed by the board of directors, the auditors and advisors of the Company shall be: Auditor: Legal Advisors: There shall be kept, in such bank or banks (including trust companies) as may be determined by the board of directors, bank accounts of the Company in which shall be deposited all monies received by the Company in the course of carrying on business from time to time. All payments on account of the Company shall be made by cheques drawn on the bank account and all cheques, drafts or other instruments drawn and made for the purposes of the business of the Company shall be executed by such directors, officers or employees as may from time to time be authorized so to do by the board of directors. Subject to paragraph 2.6, all decisions relating to the management and control of the business of the Company shall be determined by the board of directors of the Company, provided always that the following matters shall be determined by a Special Directors' Resolution: any capital expenditures greater than xxxx; any lease commitments greater than xxxx; the acquisition of any business interests by the Company; the elections of officers of the Company; the payment of any cash dividends or stock dividends to Shareholders of the Company; the issuance of any debt obligations of the Company; the disposal of the whole or any part of the business, undertaking, or assets of the Company outside the normal course of business of the Company the transfer of any shares of the Company; changes or variations in the objects or powers of the Company; the liquidation or winding up of the Company; the approval of any contracts or transactions outside the normal course of business; the execution of any contract involving a consideration greater than xxxx within the normal course of business; the lending of money by the Company; the guarantee by the Company of the debts or obligations of any other person, firm or body corporate; any non-budgeted expenditures greater than xxxx; business plan and/or budgets. The following decisions shall be determined by a Unanimous Directors' Resolution: alterations, variations or changes to the authorized or issued capital of the Company; the salaries and bonuses of officers and directors of the Company; the issue, redemption or purchase of any Shares; and changes in the number of directors of the Company The Shareholders may pledge any of their Shares as security for any borrowings by them provided the pledgee executes an agreement, in writing, providing that the pledgee shall be subject to all of the terms of this Agreement. The board of directors shall meet at least four times during each fiscal year of the Company. Any director can call a meeting provided 10 days notice is given. Notice may be waived. During the first year from the date of this agreement, the board of directors shall meet on a monthly basis. Directors may elect to attend a board meeting by telephone conference call. Each Shareholder shall, for so long as s/he is the owner of shares of the Company devote such of his/her business, time and energy as may be reasonably required to carry on the business of the Company and the Shareholder shall use his/her best efforts, skill and abilities to promote the interests of the Company. Each Shareholder agrees that he/she will not engage, without the consent of the other Shareholders, in a business which is directly competitive to that of the Company. Purchase for Investment","Shareholders Agreement","16","https://templates.business-in-a-box.com/imgs/1000px/shareholders-agreement-D1016.png","https://templates.business-in-a-box.com/imgs/250px/1016.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#1016.xml",{"title":154,"description":6},"shareholders agreement",[156,157],{"label":35,"url":100},{"label":158,"url":159},"Incorporation Agreements","incorporation-agreement","/template/shareholders-agreement-D1016",{"description":162,"descriptionCustom":6,"label":163,"pages":8,"size":164,"extension":10,"preview":165,"thumb":166,"svgFrame":167,"seoMetadata":168,"parents":169,"keywords":176,"url":177},"TERM SHEET Issue: [Venture Capital FIRM] (\"VC\") and/or any member of its corporate group (\"the VC Group\") will purchase up to [AMOUNT] Series A Convertible Preferred Stock (\"Series A\") newly issued by [YOUR COMPANY NAME] (the \"Company\") at a price per share of [PRICE] (the \"Purchase Price\"). In addition, other investors shall purchase at least [AMOUNT] but not more than [AMOUNT] of newly issued Series A at the Purchase Price. The shares of Series A will be convertible at any time at the option of the holder into common shares of the Company (\"Common Stock\") on a one-for-one basis, adjusted for future share splits. The Purchase Price equates to a pre-money valuation of [VALUATION]. The calculation is based on [NUMBER] fully diluted shares of Common Stock. If the number of shares issued, or stock awards/options authorized increases before the closing the price per share for Series A Convertible Preferred Stock shall be reduced so that the pre-money valuation is unchanged. The Series A Convertible Preferred Stock shall be referred to herein as the \"Preferred Stock.\" Dividend: The Preferred Stock is entitled to an annual [AMOUNT] per share dividend, payable when and if declared by the Board of Directors, but prior to any payment on Common Stock; dividends are not cumulative. Liquidation Preference: The Series A will have a liquidation preference so that proceeds on a merger, sale or liquidation (including non-cumulative dividends) will first be paid to the Series A and will include a [%] per annum compounding guaranteed return calculated on the total amount invested. Upon completion of an additional round of funding of at least [AMOUNT] the compounding guaranteed return feature will expire. The liquidation preference will cease to operate if the proceeds due to Series A, on a merger, sale or liquidation on an as-converted basis, exceed the proceeds that would be due under the liquidation preference. Use of Proceeds: The funds raised by Series A will be used principally for general working capital purposes. Voting Rights: The holders of the Series A shall have the right to vote with the Common Stock on an as-if-converted basis. Redemption: If not previously converted, the Series A is to be redeemed in three equal successive annual installments beginning [DATE]. Redemption will be at the purchase price plus a [%] per annum cumulative guaranteed return. Pre-emptive Rights: Holders of the Preferred Stock will be granted rights to participate in future equity financings of the Company based upon their pro-rata, as-if-converted, ownership of the Company. Automatic Conversion: The Preferred Stock shall be automatically converted into Common Stock at the then applicable conversion rate (1:1 assuming no share splits) in the event of an underwritten public offering of shares of the Company at a total offering of not less than [AMOUNT] and at a per share public offering price of not less than three times the Series A purchase price per share, adjusted for splits. Anti-Dilution: Series A shall have weighted average anti-dilution, based on a weighted average formula to be agreed, for all securities purchased as part of this transaction (excluding shares, options and warrants issued for management incentive and small issues for strategic purposes of under [NUMBER] shares). Management Options: Simultaneously with this transaction, one million new shares shall expand the Company's management incentive stock option pool - bringing the total number of shares issued and stock incentives (awards and options) authorized to [NUMBER OF SHARES]. Rights of First Offer; Tag-Along: The Company and the Investors will have a right of first refusal with respect to any employee's shares proposed to be resold. Alternatively, the Investors will have the right to participate in the sale of any such shares to a third party (co-sale rights), which rights will terminate upon a public offering. Information Rights: Monthly actual vs. plan and prior year. Annual budget [NUMBER] days before beginning of fiscal year","Term Sheet",42,"https://templates.business-in-a-box.com/imgs/1000px/term-sheet-D473.png","https://templates.business-in-a-box.com/imgs/250px/473.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#473.xml",{"title":6,"description":6},[170,173],{"label":171,"url":172},"Finance & Accounting","finance-accounting",{"label":174,"url":175},"Raising Capital","raising-capital","term sheet","/template/term-sheet-D473",false,{"seo":180,"reviewer":193,"quick_facts":197,"at_a_glance":200,"personas":204,"variants":229,"glossary":256,"clauses":293,"how_to_fill":344,"common_mistakes":385,"faqs":410,"industries":438,"comparisons":463,"diy_vs_lawyer":476,"jurisdictions":489,"related_template_ids_curated":510,"schema":520,"classification":521},{"meta_title":181,"meta_description":182,"primary_keyword":183,"secondary_keywords":184},"Accelerators For Startups Template | BIB","Free startup accelerator agreement template covering equity, milestones, IP, and program terms. Download in Word, edit online, or export as PDF.","accelerators for startups template",[185,186,187,188,189,190,191,192],"startup accelerator agreement template","accelerator program agreement","startup accelerator contract","accelerator equity agreement template","seed accelerator agreement","startup program participation agreement","accelerator investment agreement template","startup accelerator terms template",{"name":194,"credential":195,"reviewed_date":196},"Bruno Goulet","CEO, Business in a Box","2026-05-02",{"difficulty":198,"legal_review_recommended":199,"signature_required":199},"advanced",true,{"what_it_is":201,"when_you_need_it":202,"whats_inside":203},"An Accelerators For Startups agreement is a legally binding contract between a startup accelerator program and a participating startup that defines the terms of the engagement — funding provided, equity taken, program obligations, IP rights, confidentiality, and exit conditions. This free Word download gives you a structured, attorney-reviewed starting point you can edit online and export as PDF for execution before a cohort begins.\n","Use it when a startup accelerator is admitting a new company into its program in exchange for equity, a convertible note, or other consideration. It governs the relationship from the first day of the cohort through any post-program obligations such as follow-on rights or reporting requirements.\n","Program terms and cohort schedule, funding and equity structure, IP assignment and licensing, confidentiality obligations, milestone and reporting requirements, anti-dilution protections, termination conditions, and governing law. All key clauses are pre-drafted with bracketed placeholders to minimize drafting time.\n",[205,209,213,217,221,225],{"title":206,"use_case":207,"icon_asset_id":208},"Startup accelerator operators","Formalizing cohort admissions terms before the program start date","persona-accelerator-operator",{"title":210,"use_case":211,"icon_asset_id":212},"Startup founders","Understanding and negotiating equity and IP terms before signing","persona-startup-founder",{"title":214,"use_case":215,"icon_asset_id":216},"Venture capital firms","Structuring accelerator programs that feed the firm's deal pipeline","persona-venture-capitalist",{"title":218,"use_case":219,"icon_asset_id":220},"University tech transfer offices","Admitting student and faculty spinouts into incubator or accelerator tracks","persona-university-tech-transfer",{"title":222,"use_case":223,"icon_asset_id":224},"Corporate innovation teams","Running internal or external accelerator programs for third-party startups","persona-corporate-innovation",{"title":226,"use_case":227,"icon_asset_id":228},"Angel investor groups","Co-sponsoring cohort programs with standardized equity and follow-on terms","persona-angel-investor",[230,234,237,241,245,249,253],{"situation":231,"recommended_template":232,"slug":233},"Accelerator takes a fixed equity stake at program entry","Accelerators For Startups (Equity Model)","accelerators-for-startups-D13309",{"situation":235,"recommended_template":91,"slug":236},"Accelerator provides funding via a convertible note instead of equity","convertible-note-agreement-D870",{"situation":238,"recommended_template":239,"slug":240},"Program offers mentorship only, with no equity or funding","Incubator Participation Agreement","equity-participation-plan-D13012",{"situation":242,"recommended_template":243,"slug":244},"Corporate accelerator requires IP licensing rather than assignment","Technology License Agreement","technology-licensing-agreement-D13434",{"situation":246,"recommended_template":247,"slug":248},"Startup receives a SAFE instead of equity or a note","Simple Agreement for Future Equity (SAFE)","simple-agreement-for-future-equity-safe-D13395",{"situation":250,"recommended_template":251,"slug":252},"Post-program follow-on investment with pro-rata rights","Seed Investment Agreement","investment-agreement-D12831",{"situation":254,"recommended_template":106,"slug":255},"Accelerator and startup establishing a joint venture","joint-venture-agreement-D889",[257,260,263,266,269,272,275,278,281,284,287,290],{"term":258,"definition":259},"Cohort","The group of startups admitted to a single program cycle, typically running 3–6 months alongside each other with shared programming.",{"term":261,"definition":262},"Equity Stake","The ownership percentage the accelerator receives in the startup in exchange for funding, resources, and program participation.",{"term":264,"definition":265},"Convertible Note","A short-term debt instrument that converts into equity at a future financing round, typically at a discount or with a valuation cap.",{"term":267,"definition":268},"SAFE (Simple Agreement for Future Equity)","A contract granting the accelerator the right to receive equity in the startup at a future priced round, without accruing interest or having a maturity date.",{"term":270,"definition":271},"Pro-Rata Rights","A contractual right allowing the accelerator to invest in future funding rounds in proportion to its existing ownership, preventing dilution.",{"term":273,"definition":274},"Vesting Schedule","A timeline over which equity earned by founders or granted to the accelerator becomes fully owned, often tied to continued participation milestones.",{"term":276,"definition":277},"Anti-Dilution Protection","A clause that adjusts the accelerator's ownership percentage if the startup later issues shares at a lower valuation than the accelerator's entry price.",{"term":279,"definition":280},"IP Assignment","A clause transferring ownership of the startup's intellectual property — patents, software, trademarks — to a specified entity as part of the program terms.",{"term":282,"definition":283},"Demo Day","A structured pitch event at the end of the accelerator program where participating startups present to investors, press, and potential partners.",{"term":285,"definition":286},"Right of First Refusal (ROFR)","A contractual right giving the accelerator the option to invest in the startup's next funding round before the startup accepts terms from a third-party investor.",{"term":288,"definition":289},"Program Stipend","A cash payment made by the accelerator to the startup at program entry, typically ranging from $10,000 to $150,000 depending on the program.",{"term":291,"definition":292},"Information Rights","Contractual provisions requiring the startup to deliver financial statements, cap table updates, and material-event notices to the accelerator on a defined schedule.",[294,299,304,309,314,319,324,329,334,339],{"name":295,"plain_english":296,"sample_language":297,"common_mistake":298},"Parties and program description","Identifies the accelerator entity and the startup, states the program name and cohort cycle, and records the agreement effective date.","This Accelerator Program Agreement is entered into as of [DATE] between [ACCELERATOR LEGAL NAME], a [STATE] [ENTITY TYPE] ('Accelerator'), and [STARTUP LEGAL NAME], a [STATE] [ENTITY TYPE] ('Company'). Company is accepted into the [PROGRAM NAME] Cohort [NUMBER], commencing [START DATE] and concluding [END DATE].","Using the startup's trade name rather than its registered legal entity. If the entity name on the agreement differs from the cap table entry, equity issuance can be delayed or legally challenged.",{"name":300,"plain_english":301,"sample_language":302,"common_mistake":303},"Program funding and stipend","States the cash amount provided to the startup, the disbursement schedule, and any conditions precedent to receiving funds — such as signing, background checks, or entity formation.","Accelerator shall provide Company a program stipend of $[AMOUNT] USD, disbursed as follows: $[AMOUNT 1] on [DATE 1] and $[AMOUNT 2] on [DATE 2], contingent on Company's execution of this Agreement and completion of required onboarding steps.","Disbursing the stipend before all conditions precedent are satisfied. If a startup fails to complete entity formation or background checks, recovering unearned funds without a written repayment obligation is difficult.",{"name":305,"plain_english":306,"sample_language":307,"common_mistake":308},"Equity compensation and issuance","Defines the equity percentage the accelerator receives, the instrument used (common stock, preferred stock, SAFE, or convertible note), and the timeline for issuance.","In consideration of the program benefits provided, Company shall issue to Accelerator [X]% of Company's fully diluted capitalization in the form of [INSTRUMENT], to be issued within [30] days of the Agreement effective date, on terms set out in Schedule A.","Stating equity as a percentage of outstanding shares rather than fully diluted capitalization. Outstanding-only calculations exclude option pools and convertible instruments, so the accelerator ends up with a larger slice than modeled once the cap table is properly diluted.",{"name":310,"plain_english":311,"sample_language":312,"common_mistake":313},"IP ownership and licensing","Clarifies that the startup retains ownership of its intellectual property and that the accelerator receives only a limited license to use the startup's name, logo, and description for promotional purposes.","Company retains all right, title, and interest in its Intellectual Property. Company grants Accelerator a non-exclusive, royalty-free license to use Company's name, logo, and product description solely to promote the Program and Accelerator's portfolio.","Including a broad IP assignment clause that transfers startup IP to the accelerator. No legitimate accelerator requires this, and it will deter sophisticated founders and their lawyers — or expose the accelerator to liability if the clause is later challenged.",{"name":315,"plain_english":316,"sample_language":317,"common_mistake":318},"Confidentiality obligations","Establishes mutual confidentiality obligations covering the startup's business plans, technology, and financial information shared during the program.","Each party agrees to hold the other's Confidential Information in strict confidence and not to disclose it to any third party without prior written consent, except as required by law. 'Confidential Information' means any non-public technical, financial, or business information disclosed in connection with the Program.","Making confidentiality one-sided in the accelerator's favor only. Startups share sensitive IP and financial data during the program; mutual obligations protect both parties and make the agreement more credible to founders' advisors.",{"name":320,"plain_english":321,"sample_language":322,"common_mistake":323},"Program obligations and milestones","Sets out what the startup must do during the program — attendance requirements, mentor sessions, progress check-ins, and milestone targets — and what happens if the startup fails to participate.","Company shall: (a) have at least one founder in residence at [LOCATION] or attending virtual sessions for no fewer than [X] hours per week; (b) complete all designated mentor sessions; and (c) present at Demo Day on [DATE]. Failure to meet participation requirements may result in termination under Section [X].","Leaving participation requirements vague. Without defined attendance and milestone standards, the accelerator has no contractual basis to terminate a non-participating startup or withhold a second funding tranche.",{"name":325,"plain_english":326,"sample_language":327,"common_mistake":328},"Information rights and reporting","Requires the startup to deliver financial statements, cap table updates, and material-event notices to the accelerator on a specified schedule after the program ends.","For [24] months following Demo Day, Company shall deliver to Accelerator: (a) unaudited monthly financials within [15] business days of month-end; (b) a current cap table within [5] business days of any equity issuance; and (c) prompt written notice of any Material Event, including a financing round closing or a change of control.","Omitting post-program information rights entirely. Accelerators need ongoing visibility into portfolio company performance to manage their own fund reporting and exercise pro-rata rights before deadlines expire.",{"name":330,"plain_english":331,"sample_language":332,"common_mistake":333},"Pro-rata and follow-on investment rights","Grants the accelerator the right to participate in future funding rounds up to its pro-rata share, typically for a defined period after the program ends.","Accelerator shall have the right, but not the obligation, to invest in any future Qualified Financing of Company on the same terms as other investors, in an amount up to Accelerator's pro-rata share based on its then-current fully diluted ownership, for a period of [36] months following the Agreement effective date.","Failing to define a 'Qualified Financing' threshold. Without a minimum round size (e.g., '$500,000 or more'), the pro-rata right can be triggered by small bridge notes, creating administrative burden and potential deal friction.",{"name":335,"plain_english":336,"sample_language":337,"common_mistake":338},"Termination and program removal","States the conditions under which either party may exit the agreement early, the notice required, and what happens to equity and any unspent stipend funds on early termination.","Accelerator may terminate Company's participation for Cause immediately upon written notice. 'Cause' includes material breach of this Agreement, fraud, or failure to meet participation requirements after [5] business days' written notice to cure. Upon termination for Cause, any undisbursed stipend tranche is forfeited, and Accelerator retains the equity already issued.","No cure period before termination for minor breaches. Immediate termination clauses without a notice-and-cure window expose the accelerator to wrongful-termination claims from startups that had a brief lapse in participation.",{"name":340,"plain_english":341,"sample_language":342,"common_mistake":343},"Governing law and dispute resolution","Specifies which jurisdiction's law governs the agreement and whether disputes are resolved by arbitration, mediation, or litigation.","This Agreement is governed by the laws of the State of [STATE], without regard to conflicts-of-law principles. Any dispute arising out of or relating to this Agreement shall be resolved by binding arbitration administered by [AAA / JAMS] in [CITY, STATE], except that either party may seek injunctive relief in any court of competent jurisdiction.","Choosing a governing law state with no connection to either party's operations. Courts in some jurisdictions will apply local law regardless — particularly in Canada, the UK, and the EU — making a mismatch between stated law and operational reality a litigation risk.",[345,350,355,360,365,370,375,380],{"step":346,"title":347,"description":348,"tip":349},1,"Enter legal entity names and program details","Use the full registered legal name of the accelerator and the startup — not trade names or program brand names. Include the program name, cohort number, and exact start and end dates.","Verify the startup's entity formation documents before execution. An agreement with an unformed or dissolved entity cannot be enforced against the founders personally without separate guarantee language.",{"step":351,"title":352,"description":353,"tip":354},2,"Set the funding amount and disbursement schedule","Enter the total stipend, the tranche amounts, and the specific disbursement dates or triggering milestones. List every condition precedent to the first tranche — entity formation, background check, signed documents.","Tie the second tranche to a midpoint milestone (e.g., completion of mentor sessions) rather than a fixed date. This gives the accelerator leverage if participation lags.",{"step":356,"title":357,"description":358,"tip":359},3,"Define the equity instrument and percentage","Choose the instrument — common stock, SAFE, or convertible note — and enter the exact percentage on a fully diluted basis. Attach the instrument as Schedule A with all relevant terms, including any valuation cap or discount rate.","For SAFE or convertible note structures, confirm the valuation cap reflects current market benchmarks for your program's stage and sector to avoid founders rejecting terms as below-market.",{"step":361,"title":362,"description":363,"tip":364},4,"Confirm IP and confidentiality terms","Ensure the IP clause grants the accelerator only a promotional license — not an assignment or broad license. Review the confidentiality definition to confirm it covers both parties' sensitive information.","Add a specific carve-out permitting the accelerator to share portfolio company details with its limited partners under a confidentiality obligation — this is standard in fund reporting.",{"step":366,"title":367,"description":368,"tip":369},5,"Specify program participation requirements","List attendance minimums, required mentor sessions, check-in frequency, and any Demo Day obligations. Include the consequence — typically termination with forfeiture of undisbursed funds — for non-compliance.","Define 'in residence' or 'virtual attendance' precisely. Vague presence requirements are the single most common source of founder-accelerator disputes mid-cohort.",{"step":371,"title":372,"description":373,"tip":374},6,"Set post-program information rights and pro-rata terms","Enter the reporting period (typically 18–36 months post-Demo Day), the reporting cadence, and the qualified financing threshold that triggers pro-rata rights.","Set the qualified financing floor at a round size your portfolio companies realistically reach — $250,000 is too low for most accelerators; $500,000–$1,000,000 is more standard.",{"step":376,"title":377,"description":378,"tip":379},7,"Review termination and cure provisions","Confirm that termination for material breach includes a 5–10 business day cure period. Verify that the equity retention and stipend forfeiture mechanics on early termination are consistent with the disbursement schedule in the funding clause.","Have both parties initial the termination clause separately to confirm they have read the forfeiture terms — this reduces disputes when a startup is later removed from the program.",{"step":381,"title":382,"description":383,"tip":384},8,"Execute before the cohort start date","Both parties must sign before the program begins. Post-start execution creates consideration problems in common-law jurisdictions and may invalidate key clauses, particularly IP restrictions and equity issuance obligations.","Use a digital signature tool with a timestamp audit trail. Store the fully-executed copy in a secure document vault accessible to both parties.",[386,390,394,398,402,406],{"mistake":387,"why_it_matters":388,"fix":389},"Using outstanding shares instead of fully diluted capitalization to calculate equity","The accelerator's modeled ownership percentage is materially understated once option pools, SAFEs, and convertible notes are included in the cap table — creating a discrepancy that founders will dispute at the next funding round.","Define equity percentage explicitly on a fully diluted basis and attach a pro-forma cap table as an exhibit showing how the accelerator's stake is calculated.",{"mistake":391,"why_it_matters":392,"fix":393},"No defined participation requirements or attendance minimums","Without measurable program obligations, the accelerator cannot terminate a non-participating startup for cause or withhold a second stipend tranche, leaving the program funding at risk.","Specify hours per week, required sessions, and milestone checkpoints in the body of the agreement — not in a separate program handbook that can be changed unilaterally.",{"mistake":395,"why_it_matters":396,"fix":397},"Omitting post-program information rights","Accelerators need cap table updates and financial data to exercise pro-rata rights before deadlines and to provide accurate portfolio reporting to their own investors and sponsors.","Include a 24–36 month information rights clause with specific deliverables (monthly financials, cap table on any new issuance, material event notices) and a delivery timeline for each.",{"mistake":399,"why_it_matters":400,"fix":401},"Signing the agreement after the cohort has already started","In common-law jurisdictions, a startup already receiving program benefits has given no new consideration for the equity and IP clauses signed later — potentially voiding those provisions.","Execute all documents before or on the official program start date. If execution is delayed, provide documented additional consideration — an extra stipend payment or program benefit — at the time of late signing.",{"mistake":403,"why_it_matters":404,"fix":405},"Broad IP assignment clause that transfers startup IP to the accelerator","No credible accelerator requires IP ownership. Including such a clause signals unsophisticated drafting, deters experienced founders, and may void the agreement entirely if it is found to be unconscionable.","Limit the accelerator's IP rights to a narrow promotional license covering the startup's name, logo, and product description, with an explicit carve-out confirming the startup retains all other IP.",{"mistake":407,"why_it_matters":408,"fix":409},"No cure period before termination for non-participation","Immediate termination without notice gives a startup grounds to challenge removal as wrongful and seek recovery of equity already issued, creating litigation exposure for the accelerator.","Require written notice of the deficiency and a 5–10 business day cure window before termination becomes effective for any breach other than fraud or criminal conduct.",[411,414,417,420,423,426,429,432,435],{"question":412,"answer":413},"What is an accelerators for startups agreement?","An accelerators for startups agreement is a legally binding contract between a startup accelerator program and a participating startup that governs the terms of the engagement. It specifies the funding provided, the equity or instrument the accelerator receives in return, the startup's program obligations, IP and confidentiality terms, and post-program rights such as follow-on investment and reporting. It replaces informal program letters of intent with enforceable obligations on both sides.\n",{"question":415,"answer":416},"How much equity do accelerators typically take?","Most accelerators take between 3% and 10% of a startup's fully diluted capitalization. Top-tier programs such as Y Combinator have historically taken approximately 7% in exchange for a standard funding amount. Corporate and university accelerators sometimes take 0% equity in exchange for fees or licensing arrangements. The percentage should always be stated on a fully diluted basis to avoid cap table disputes at the next financing round.\n",{"question":418,"answer":419},"What is the difference between an accelerator and an incubator?","Accelerators run fixed-duration, cohort-based programs — typically 3 to 6 months — that culminate in a Demo Day pitch to investors. They almost always provide funding in exchange for equity. Incubators provide longer-term support (12–36 months), often with physical office space and mentorship, but typically do not take equity and do not operate on a cohort model. The agreements governing each are structurally different: accelerator agreements focus on equity terms and program obligations, while incubator agreements focus on space use, service terms, and milestone-based continuation.\n",{"question":421,"answer":422},"Does a startup need a lawyer before signing an accelerator agreement?","For well-known programs with standardized terms — such as Y Combinator's SAFE or Techstars' standard docs — a founder can sign with a basic review. For any program using custom agreements, particularly those with unusual IP clauses, broad equity provisions, or corporate accelerators with strategic partnership obligations, engaging a startup attorney for a 1–2 hour review is strongly advisable. The cost is typically $300–$800 and can prevent equity or IP terms that follow the startup for its entire lifecycle.\n",{"question":424,"answer":425},"What happens to the accelerator's equity if the startup fails?","If the startup is dissolved, the accelerator's equity interest is extinguished with the entity. Most accelerators do not have personal recourse against founders for equity value lost on a failed company. However, if the accelerator provided a convertible note rather than equity, the note becomes a debt obligation of the startup entity — though practically, recovery from a dissolved startup with no assets is rare. The agreement should explicitly state that the accelerator's investment is at-risk capital with no personal guarantee from founders.\n",{"question":427,"answer":428},"Can an accelerator agreement be terminated early?","Yes, typically by either party. Accelerators can terminate for cause — material breach, fraud, or non-participation — usually after a notice and cure period. Startups can withdraw, though withdrawal typically results in forfeiture of any undisbursed stipend tranches. The equity already issued is generally retained by the accelerator regardless of which party initiates early termination, since it represents consideration already received by the startup. Early termination mechanics should be fully specified in the agreement before signing.\n",{"question":430,"answer":431},"Are accelerator agreements enforceable internationally?","Generally yes, but enforceability depends on the governing law specified and where the parties operate. In the US, accelerator agreements are routinely enforced under standard contract principles. In the EU, certain startup-protective regulations may override contractual terms — particularly around IP and information rights. Cross-border accelerator programs should specify governing law carefully and consider whether local employment-like regulations could recharacterize the startup-accelerator relationship in jurisdictions with strong founder-protection rules.\n",{"question":433,"answer":434},"What is a Demo Day and does the agreement cover it?","Demo Day is the pitch event at the end of the accelerator program where startups present to investors, press, and partners. The accelerator agreement should require attendance as a program obligation and grant the accelerator a license to record, stream, and distribute the startup's Demo Day presentation for promotional purposes. Startups should confirm the agreement's IP license covers Demo Day materials specifically and does not inadvertently grant rights to underlying product IP or source code.\n",{"question":436,"answer":437},"What is the difference between a SAFE and a convertible note in an accelerator context?","A SAFE (Simple Agreement for Future Equity) converts to equity at a future priced round without accruing interest or carrying a maturity date, making it simpler and less administratively burdensome than a convertible note. A convertible note is debt that accrues interest and must be repaid or converted by a maturity date, creating a repayment obligation if the startup does not raise a qualifying round. Most modern accelerators use SAFEs or issue equity directly; convertible notes are more common in angel and bridge financing contexts outside formal accelerator programs.\n",[439,443,447,451,455,459],{"industry":440,"icon_asset_id":441,"specifics":442},"Technology / SaaS","industry-saas","Software IP ownership and open-source license compliance are critical; the agreement must confirm the startup retains all source code and proprietary algorithms with no accelerator license beyond promotional use.",{"industry":444,"icon_asset_id":445,"specifics":446},"Life Sciences / Biotech","industry-healthtech","Patent ownership, university technology transfer obligations, and regulatory milestone definitions require bespoke IP and milestone language that standard accelerator templates must be adapted to include.",{"industry":448,"icon_asset_id":449,"specifics":450},"Fintech","industry-fintech","Regulatory licensing status, data privacy obligations, and restrictions on sharing customer data with accelerator sponsors must be addressed explicitly in the confidentiality and information rights clauses.",{"industry":452,"icon_asset_id":453,"specifics":454},"Hardware / Deep Tech","industry-manufacturing","Physical prototype ownership, manufacturing partnership introductions made by the accelerator, and export control compliance on dual-use technologies require additional representations and warranties not present in software-focused templates.",{"industry":456,"icon_asset_id":457,"specifics":458},"Consumer Goods / E-commerce","industry-ecommerce","Brand license terms for accelerator co-marketing, retail partnership introductions, and supply chain introductions made during the program may create post-program obligations that should be addressed in the agreement.",{"industry":460,"icon_asset_id":461,"specifics":462},"Social Impact / Nonprofit","industry-nonprofit","Equity-for-funding models may be inappropriate for nonprofit entities; impact accelerators typically use grant agreements or revenue-share arrangements that require a structurally different agreement.",[464,467,470,473],{"vs":91,"vs_template_id":465,"summary":466},"convertible-note-agreement-D13307","A convertible note is a standalone debt instrument that converts to equity at a future financing round. An accelerator agreement is a comprehensive program contract that may include a convertible note as one component alongside program obligations, IP terms, and participation requirements. Use a convertible note alone for bridge financing; use an accelerator agreement when formalizing the full program relationship.",{"vs":251,"vs_template_id":468,"summary":469},"D{SEED_INVESTMENT_ID}","A seed investment agreement governs a direct equity investment with no program or participation obligations attached. An accelerator agreement ties the equity grant to program attendance, mentor sessions, Demo Day, and ongoing reporting obligations. If a funder is simply writing a check with no programmatic expectations, a seed investment agreement is the right document.",{"vs":106,"vs_template_id":471,"summary":472},"joint-venture-agreement-D159","A joint venture agreement creates a new shared entity or ongoing commercial collaboration between two parties with aligned interests. An accelerator agreement is a one-directional support arrangement — the accelerator provides resources and funding; the startup participates and issues equity. A joint venture is appropriate when the accelerator and startup are co-developing a product or sharing revenue, not merely running a program.",{"vs":243,"vs_template_id":474,"summary":475},"technology-license-agreement-D11988","A technology license agreement grants one party the right to use another's IP under specified conditions. In an accelerator context, a license agreement is appropriate when a corporate accelerator wants access to the startup's technology as part of the program rather than equity. An accelerator agreement with a built-in IP license clause is more appropriate when the program relationship involves both funding and limited promotional IP access.",{"use_template":477,"template_plus_review":481,"custom_drafted":485},{"best_for":478,"cost":479,"time":480},"Early-stage accelerators running their first cohort with straightforward equity-for-funding terms","Free","30–60 minutes",{"best_for":482,"cost":483,"time":484},"Programs involving corporate sponsors, university IP, cross-border startups, or non-standard equity instruments","$500–$1,500","3–5 business days",{"best_for":486,"cost":487,"time":488},"Institutional accelerators managing a fund structure, regulated industries such as fintech or biotech, or programs with material pro-rata and follow-on investment rights","$3,000–$10,000+","2–4 weeks",[490,495,500,505],{"code":491,"name":492,"flag_asset_id":493,"note":494},"us","United States","flag-us","Accelerator agreements in the US are governed by standard contract law in the state of incorporation, with Delaware being most common for startup entities. SAFE instruments are widely accepted and largely unregulated at the federal level, though SEC exemptions (Regulation D, Rule 506(b) or 506(c)) must be confirmed before issuing any equity or convertible instrument. California-based accelerators should note that broad IP assignment clauses are limited by Labor Code §2870, which protects employee and contractor inventions developed without company resources.",{"code":496,"name":497,"flag_asset_id":498,"note":499},"ca","Canada","flag-ca","Canadian accelerators should use an equity or SAFE structure consistent with provincial securities law exemptions — the 'accredited investor' or 'offering memorandum' exemptions are most common. Quebec-based programs must provide French-language versions of material documents under the Charter of the French Language. IP assignment clauses are generally enforceable, but courts have narrowed overbroad assignments that purport to cover inventions with no nexus to the company's business.",{"code":501,"name":502,"flag_asset_id":503,"note":504},"uk","United Kingdom","flag-uk","UK accelerator agreements typically use EIS- or SEIS-eligible structures to allow investors and accelerators to claim tax relief on qualifying investments. Equity issuance must comply with Companies Act 2006 share allotment requirements, and the accelerator's equity stake must be properly registered at Companies House. Post-Brexit, UK-based programs operating with EU startups should specify governing law carefully, as EU consumer and data protection rules may override UK contractual terms for EU-resident founders.",{"code":506,"name":507,"flag_asset_id":508,"note":509},"eu","European Union","flag-eu","EU accelerator programs must comply with GDPR when collecting and processing startup founder data, including financial information and cap table details shared during the program. Equity instruments used by EU-based accelerators must comply with member-state securities regulations, which vary significantly — French PEA-eligible instruments differ from German GmbH share transfer requirements. Accelerators operating across multiple EU member states should obtain country-specific legal confirmation before executing agreements with startups incorporated in jurisdictions outside their home country.",[236,255,244,511,512,513,514,515,516,517,518,519],"non-disclosure-agreement-nda-D12692","shareholders-agreement-D1016","term-sheet-D473","employment-agreement_at-will-employee-D541","independent-contractor-agreement-D160","intellectual-property-assignment-D5229","product-launch-plan-D12799","business-plan-canvas-(one-page)-D12527","pitch-deck-template-D13831",{"emit_how_to":199,"emit_defined_term":199},{"primary_folder":100,"secondary_folder":522,"document_type":523,"industry":524,"business_stage":525,"tags":526,"confidence":531},"equity-and-mergers","agreement","general","startup",[527,523,528,529,530],"equity","accelerator","startup-funding","term-sheet",0.92,"\u003Ch2>What is an Accelerators For Startups Agreement?\u003C/h2>\n\u003Cp>An \u003Cstrong>Accelerators For Startups\u003C/strong> agreement is a legally binding contract between a startup accelerator program and a participating startup company that formally governs every dimension of the program relationship. It defines the funding the accelerator provides — whether cash stipend, SAFE, or convertible note — the equity or instrument the accelerator receives in exchange, the startup's program participation obligations, intellectual property and confidentiality terms, post-program reporting and information rights, and the accelerator's right to participate in future funding rounds. Unlike informal acceptance letters or term sheets, a properly executed accelerator agreement creates enforceable obligations on both sides and eliminates the ambiguity that routinely causes founder-accelerator disputes mid-cohort or at the next financing round.\u003C/p>\n\u003Ch2>Why You Need This Document\u003C/h2>\n\u003Cp>Without a signed accelerator agreement in place before the cohort begins, both the accelerator and the startup are exposed in ways that materialize quickly. Accelerators that disburse stipends without a written repayment and forfeiture mechanism have no contractual basis to recover funds if a startup withdraws early. Equity that has not been formally documented by a signed instrument is not reflected on the cap table, creating confusion — and sometimes litigation — when the startup raises its seed round and new investors demand a clean cap table. Startups that participate without a written agreement have no protection against accelerators asserting broad IP claims based on verbal program commitments. Post-program, accelerators without information rights clauses receive no financial updates and cannot exercise pro-rata rights before they expire. This template gives accelerator operators a structured, attorney-reviewed starting point that covers all of these gaps — closing in under an hour what would otherwise take weeks of back-and-forth negotiation before each cohort.\u003C/p>\n",1778696293956]