What process will Trigent use to determine the need for the incubatory investment in a startup?
• The first step is to evaluate the product idea and assess a rough budget for development • If the startup describes a need for an investment, Trigent will further qualify that the founders are also co-investing in the product development using their seed money. • If budget is approved by the startup and the founders are willing to co-invest, then Trigent will make a proposal for the amount and conditions of its investment. • If the proposal is accepted then a set of agreements will be prepared and signed.
