Joint Venture Program
Shared responsibility means shared accountability, so both teams have an investment in the success of the project.
The tech-startup journey can be incredibly complex process, and so can be the process of getting started.
- Finding Talent
- Go to market
- Metrics
- Scale
- Exit preparation
There will always be uncertainty and in the fast-paced tech environment, you can very quickly be left behind. Finding a tech company that can help to handle some of that uncertainty, and provide you with an inside track to take your idea from concept to market domination, is a logical step.
In our Joint Venture program Spring is your trusted partner, focussed on building software of great value and accelerating growth. We share industry best practices and leverage unique value creation processes. With an investment in your product, our project teams are at the ready and can rapidly implement opportunities and ideas as they arise and navigate around challenges that may hinder future scale.
THE PROGRAM
Our joint venture program provides matched funding to support new ventures to refine their idea, build their product and navigate change post launch and beyond. We can provide dollar for dollar funding assistance up to $100,000 towards software development for 15% equity.
The program is designed for founding teams of 1 – 4. It does not matter whether your program is still at the idea stage or your have already completed substantial market research.
Application Process
1. Complete the online form here
2. Phone interview with Spring Team
3. In person assessment session with Directors (or video conference for remote teams)
Example Engagement Process
Every business is different and at different stages of the software development lifecycle. Here is a quick sample of what our JV program might look like for an early stage startup.
- Problem Definition
- Unique Obstacles
- System Vision
- Growth Potential
- Business Case
- System Requirements
- Digital Landscape
- Product Roadmap
- Strategy
- Team Formation
- System Architecture
- User Stories
- Wireframing
- Prototyping
- Design
- Coding
- Sprint Based Phases
- Regular Releases
- Feedback Loops
- Deployment
- Onboarding
- Ongoing Development Support
- Implement Growth Opportunities
- Scale