VICN: LAUNCH & SYNDICATE

A pre-seed partnership & commitment to further funding rounds

By

Manolis Sfinarolakis & Bert Shlensky

3 PRONGED APPROACH

IdentifyDevelopGrow

IDENTIFY – VICN’S ROLE

• VICN will act as the marketing arm of this partnership and help identify applicants for the LAUNCH program

• VICN will manage the relationship between the startup & the half price service providers that are utilized to ensure Pre-Vetted services are selected

• VICN webinars & programs will highlight companies through Pitch Competitions & Virtual Demo Days

• VICN will assist the LAUNCH program in the due diligence phase, ensuring that Bert Shlensky has all of the required documentation needed to provide a go or no go decision.

See Program Details on Next Page

DEVELOP – LAUNCH PROGRAM DETAILS

• It is targeted for the small business with a business concept and a projected sales goal (over the next 3 years) of $500,000 to $2M. The entrepreneur must prove to be a driven and dedicated to move their business to the next level. We help ensure that the entrepreneur develops a plan, credibility and resources both to raise additional funds and succeed.

• We will make available a variety of services at the entrepreneur’s discretion at half price (up to $20,000) to ensure excellence and support for the company. These could include internet, website, e-commerce, legal, accounting, fundraising, plan development, marketing plan, PR, sourcing, and logistics. Additional services would be negotiated at or near market rates.

• $10,000 of pre-seed funding will be provided to the chosen companies in order to support future funding for the entrepreneur and provide him or her with maximum remaining equity.

• While each investment will be customized to meet the entrepreneur’s goals. Startup Connection will receive about 10-20% equity for the investment and the half-price services. The equity will be negotiated based on volume, profitability, time frame and to ensure it provides a fair return for the high-risk investment but also meet corporate and other investor needs.

Full Program Details on StartupConnection.net

SYNDICATE – GROWTH & FUTURE FUNDS

Entrepreneurial Requirements:• There must be a summary plan (at no charge) that justifies the

program, sales and profitability before funding. I will assist with this, if necessary.

• Entrepreneurs will also be expected to invest some of their own funds and sweat equity to provide both credibility and a base to raise additional funds.

• Entrepreneurial salaries and owner withdrawals will be developed by the parties.

Additional Considerations:• We will assist each client to develop its own goals and plans.

However, as an example, we would expect 6 months to develop the program, 6-12 months of moderate losses or profit in starting, and 10-15% profits and 10-20% growth after 12- 18 months.

• We will help raise additional capital for equipment, inventory and expenses during this period. This can be raised through equity from outsiders, collateral loans, lines of credit, crowdfunding, SBA etc. depending on the company. One of the main goals is to preserve as much equity for the entrepreneur as possible

• Entrepreneurs would be offered a quick “buy back” opportunity if they see great potential. This would provide a strong return for LAUNCH but allow entrepreneurs to retain more equity or more easily raise funds in later rounds.

APPLY TO LAUNCH or APPLY TO INVEST

ANGEL LIST DEMO & Q&A

DEMO TASKS

1. Personal Profile2. Startup Profile3. Incubator Profile4. Syndicate Profile5. Regularly posting updates

(personal & business)6. Target Market Analysis for

Investor Search7. Target Market Analysis for

Startup Search8. Connecting with your Target

Market9. Engagement model with

Investors10.Engagement model with

Startups11.Social Network Strategy with

Angel List12.Tracking Tasks & CRM13.Applying to Accelerator

Programs14.Syndicating your Own Startup15.Finding a Lead Investor /

Syndicate

RECORDED DEMO