The Firm is a pioneer in providing legal services that take into account the unique needs of start-ups and emerging companies. The Firm offers tailored advice on selection of the appropriate legal structure, formalization/registration of the business entity, obtainment of early stage funding, contract preparation and labour relations. We have created our footprint in the region by partnering with innovation hubs, accelerator programs and players in the start-up ecosystem.
An early stage and pre-revenue start-up had a tested prototype of an m-health savings platform. The client was beginning to get interest from investors; some early stage, and other sophisticated late stage investors. The client approached the firm for guidance on how to handle and plan for early and late stage investments, in particular the client’s current shareholding structure did not plan for potential investors and their exits.
- Doing a formal training on early stage and late stage investments
- Developing a new shareholding structure and exit plan
- Developing initial financing instruments.
- Reviewing initial grant agreements
Client acquired a grant from EAC of $50,000 and further $50,000 from vilgro.