BUSINESS PARTNERSHIP PROPOSAL TEMPLATE
Prepared by: [Sender.FirstName][Sender.LastName] [Sender.Company]
Prepared for: [Signer.FirstName][Signer.LastName] [Signer.Company]
For a contemplated Partnership, Strategic Alliance or Joint Venture (JV) between [Sender.Company] (or “[Sender.Company]”), [Signer.Company](or “[Signer.Company]”).
Submitted by: [Signer.Company].
This proposal contains the proprietary information of [Signer.Company]and shall not be shared outside of the above named parties.
BACKGROUND
[Signer.Company]met with [Sender.Company] and [Signer.Company] and shared with them its plans related to describe the business venture.
[Signer.Company]possesses rare insights and expertise necessary to develop systems and applications related to the above, while [Sender.Company] has the resources needed to develop such systems and applications.
The parties believe there may be mutual benefit in forming a business partnership or strategic alliance and pooling their resources and assets in order to pursue the objectives below.
Objectives of the parties
Catalog Management
A DIY web-based platform wherein… ([Sender.Company] & [Signer.Company])
A more sophisticated application for comprehensive project-based catalog management services ([Signer.Company])
Data & Analytics
A DIY web-based platform wherein… ([Sender.Company] & [Signer.Company])
Contributions
& responsibilities
of the parties
[Signer.Company] owns intellectual property, including, but not limited to, plans, methods and processes needed for the development of the systems and applications contemplated above.
[Sender.Company] brings capital/resources and marketing and business development expertise as well as expertise in hosting and managing online subscription-based platforms. NOTE: the arrangement could be set up where funding is sought from outside [Sender.Company].
The below table shows each parties’ anticipated contributions during the development and execution phases of any strategic alliance or partnership that may be entered into.