Partner companies will propose to each selected Startup the chance to develop a real project with monetary compensation.
During this phase, meetings between Finalist Startups and interested Partner Companies may happen with the aim to define the scope of the project and reach a collaboration agreement.
In order to ease the legal terms of the agreement, the Program will facilitate a standard agreement template. However, both sides have full freedom to write other clauses in the contract. Startups will have the legal support of the Program to make this agreement.
While the final amount of the project and the conditions of the possible contract to be signed between the partner company and the startup will be agreed by the parties depending on the scope and complexity of their project, the program establishes an indicative minimum of €25,000 (excluding VAT).