What are the terms that the start-up companies agree to?
If selected, start-ups should be committed to:
- Nominate a team member like the CEO, co-founder or another member of the management team who commits an average of 2 hours per week to the programme and who serves as focal point for SAIS for the duration of the programme.
- Participate actively in virtual events.
- Nominate and dispatch one employee for at least two in-person community events (SAIStival).
- Provide data on the company’s progress and growth from the start of the IRP until at least one year after the end of the programme, including but not limited to data on: revenue, number of users, customers, funds raised and number of employees (Note that this data will only be collected to track the progress of each start-up in compliance with data protection requirements).
- Facilitate access to customers or clients for the purpose of impact evaluation of your product/service/technology through surveys.
- Collaborate with contracted experts and service providers to implement targeted technical support measures (this may include sharing relevant business data and documents to support needs assessments and due-diligence).
- Participate in lesson-learning and experience-sharing activities for internal and public audiences.