The Sheltowee Network
Med Device Fund
What is the Sheltowee Advisory Services Program?
The Sheltowee Advisory Services Program utilizes highly experienced advisors whose hourly rates range from $250 per hour to $500 per hour. Sheltowee and its advisors will share the risk with you by taking an equity option in your business in lieu of up-front retainers with an additional advisory fee billed after funds are raised, or a $20,000 retainer over 120 days ($5,000 per month) can be paid.
OUR NETWORK OF INVESTORS
HOW CAN WE HELP?
• DEAL STRUCTURE
• DISCLOSURE DOCUMENTS
• PITCH DECKS
How the Sheltowee Advisory Services Program Works?
An Entrepreneur Joins the Program.
The Entrepeneur pays a retainer, or issues options to purchase equity in their company.
An Advisory Services Fee is Set (which is paid when the company has the funds).
Advisors Sign Up to help the Entrepreneur.
The Advisor, Sheltowee and the Entrepreneur agree to milestones and tasks.
Advisors can earn up to 40% of the options and fees for the services they provide to assist the Entrepreneur in achieving the identified tasks.
Cash Retainer or Option to Purchase Equity
Advisors have the opportunity to earn up to 40% of the retainer or equity options, depeding on their level of engagement.
Paid after funds are available
Based on deliverables
Based on amount of raise
Advisors have the opportunity to earn up to 40% of the advisory fees depeding on their level of engagement. Advisory fees are paid after funds are available.