SINGAPORE Academy of Law (SAL) and Singapore Venture Capital & Private Equity Association (SVCA) together launched a set of standard form documents, targeted at making the process of structuring a deal faster and more cost-efficient for startup founders and venture capitalists.
Venture Capital Investment Model Agreements (VIMA) are a pragmatic set of contracts tailored closely to the essential requirements of startups, investors and the legal industry, and balances the interests of both the investor and the startup, said the SAL and SVCA on the joint initiative that was rolled out on Tuesday.
