Incubation agreement, term-sheet review checklist
For most early-stage central grants the incubator is not a service provider, it is the applicant, the appraiser and the paying agent. The trap is signing the incubation agreement before anyone has read what it takes in equity, fees and IP, because by then the client has no leverage and the grant has not been sanctioned.
- 2 pages
- 51
- Word and PDF
- 16 September 2026
What it covers
- 1Incubation agreement, term-sheet review checklistfor use before the client signs; annex the incubator's fee schedule and reporting formats
Read the opening
The first part of the format, as it downloads. Blanks are highlighted.
Incubation / accelerator agreement — review checklist and term sheet
Client: [Company name] CIN: [Client's CIN] Incubator: [Name and constitution] Draft dated: [Date of the incubation agreement draft] Reviewed by: [Reviewer's name]
A. THE COUNTERPARTY AND ITS MANDATE
Question | Answer / clause | Action |
|---|---|---|
Who is the contracting party, and what is its constitution? | [____] | [____] |
Which schemes is it currently empanelled to disburse, and under which sanction order? | [____] | [____] |
Is the current call open, and what is the last date? | [____] | [____] |
Is any term in this agreement required by the scheme guidelines? Which paragraph? | [____] | [____] |
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