US-BOLT Climate Term Sheet

Beginning in Summer 2023, a consortium of universities and venture capital firms collaborated to simplify the process of launching climate-related startups from academic institutions. Building upon the US-BOLT Life Science Term Sheet released in December 2022, adjustments were made to tailor the framework for the climate sector. This non-binding term sheet serves as a representative template for initiating discussions between investors and academic institutions, aiming to expedite negotiations and accelerate the entry of new climate, environmental, and sustainability products and services into the market. While designed to be broadly applicable, parties involved may have specific preferences or policies necessitating further customization. Despite variations, the term sheet provides a foundational framework adaptable to diverse scenarios. Feedback and contributions are welcomed, with plans to expand offerings to include a comprehensive license agreement template in the near future. For inquiries or endorsements, contact [email protected].
US-BOLT Climate Term Sheet Template US-BOLT Climate Term Sheet PDF