4. ACCELERATE
If you have progressed through our ASSIST presentation stage, then there is a good likelihood that you will receive investment from JumpStart. You are expected to work intensively with us as we:
- Together prepare 24-month budgets and set milestones for success for your business.
- Conduct business and legal due diligence on your company.
- Complete documentation for the investment, including Securities Agreements, Operating Agreements, and other agreements.
Depending on the specifics of your company, especially its capital structure and outstanding debts, this can take ten weeks or it can take up to six months. Assuming that these steps go well, JumpStart will then close on the investment.
Once we have invested, we all work together to grow your business. The JumpStart Acceleration team will offer resources -- ranging from assistance on marketing, to enhancement of your advisory board -- all of which are geared towards hitting milestones, growing, and attracting follow-on funding. JumpStart won't try to run your business; instead we work together with our portfolio companies so that they can achieve their business goals.