Our Startup Application Guidelines

following conditions will trigger an automatic “NO” from us.

• The company is NOT incorporated in USA
• The round is about to be closed within Less than 60 days. 
• Coin/token offering or SAFT or any Cryptocurrencies.
• Round size greater than $1.5M. (This is not a hard limit. Our soft spot is $1.5M.)
• Valuation/CAP above $6M. (This is not a hard limit. Our soft spot is $5-6M.)
• No outside capital commitment preferred at least 20% of the round spoken for.
• No full time founders — This is non-negotiable
• NO IP or not having a plan to own any IP
• Produce/service is related to legal gray areas like marijuana and real money gambling, only legally, morally and ethically business.. Company is based in Eastern Europe, Russia, Middle East (except Israel), Africa, India.
• No China, Southeast Asia,  — Even if the corporate entity is domesticated  in the US. Even if the company intends to move its operations to a jurisdiction where we do invest.

What are we looking for?

We have created a set of industry verticals and market sectors that we are committed to focus on to maximize our resources, we have created primary and secondary sectors of choice.

Just to ensure fast turnaround, the Executive Summaries and Power Points should have the following elements in them, for review, to be selected for an in-person presentation by company representatives:

• Start with Why?, What? And How?
• Problem being addressed
• Market need, size, and your solution
• Product or Service explained
• Technology
• Competition Analysis
• Marketing & Sales Strategy 
• Intellectual Property (what is protected and how)
• Management team
• What is the “ASK” & Terms –  plus use of proceeds
• Deal Structure – Priced Round / CN etc..
• Exit strategy and horizon
• Financial overview and assumptions (see example below)
• Revenue Projections ($000) YR 1  –  YR 2  –  YR 3  – YR 4  –  YR 5

Include in your application:

• Full Cap Table with names and total invested
• Make sure you do not include SAFE or CN on Cap Table  add it in current debt
• Draft Term Sheet
• Draft Subscription agreement
• IP Documentions 
• Industry Research papers
• Any other relevant information to support your business.

City Side provides solutions to find and manage investments for investors and corporate ventures using today’s technology. With the development of Sidepitch our online Venture Management System (VMS), we have automated the process of investments from start to finish. 

Please read this in its entirety before applying – We have created a Two Stage application process. It is designed to make the process efficient and simple. 

Stage-One:– we will screen, qualify and match your startups against our investment guidelines:

• 00 – 00 DAYS – Application Screening & Qualifying
• 00 – 00 DAYS – First Intro Pitch ( will be recorded )
• 00 –  00 DAYS  – Management Review – Our 60 days start when the management decide to go to the DD stage. 

Stage-Two: -Our team will conduct a full scale due -diligence on your company in preparation to present to our investors – the 60-Days process starts.

• 00 – 15 DAYS – Start & Complete the Due Diligence (create the DD summary)
• 15 – 20 DAYS – Due-Diligence Summary Management Review 
• 20 – 40 DAYS – Formal Investor Showcase Pitch (follow Up- After the showcase presentation, we will schedule up to two follow up zoom sessions with the interested investors.)
• 40 – 45 DAYS – Final Decision YES / NO decision 
• 45 – 55 DAYS – If YES – Issue Capital Call and collect commitments
• 55 – 60 DAYS – Closing the Transaction

Notifications & Communication: Due to the increase in applications submitted, we created a notification system that sends both via SMS and email with information on current status and the required next steps. Please follow the information and actions that are required to move the process forward.

TERMS & CONDITIONS   This is an agreement of understanding between the presenting startup (“Company”) and CitySide Ventures LLC. (“CSV”) Your Company was selected and accepted to present to CitySide Investors Network for the purpose of raising venture funding, The Company hereby agrees to the following terms and conditions:

• In the event that the Company will receive  $25K-$50K in funding from CitySide Investor Network (CIN) the Company agrees to pay CSV an administration & coordination fee of $1,400 per round of funding and if the Company will receive  $50K or more in funding from CitySide Investor Network (CIN) the Company agrees to pay CSV an administration & coordination fee of $2,400 per round of funding It is a one time fee regardless of the final amount of funding. 
• If the Company elects for CSV to Syndicate the deal with investors outside our CitySide Investor Network including our venture partners  and the Company receives funding from our partners in the amount that is greater than $50K, CSV will charge an additional administration & coordination fee of $1,800 post funding.
• The administration fee will be billed to the Company upon receiving the funding and clear in the receiving company bank account. The Company will be required to pay the invoice within 7 business days.
• It is understood by the Company that all verbal or nonverbal commitments that are made by the CitySide Investor Network for funding are based on the information provided by the Company. In the event that any or part of the information to be found to be inaccurate, misleading or misrepresented, all deals and financial commitments will be immediately void.
• The Company agrees to honor the commitment for investment by CitySide Investors Network or by SPV created by CSV if completed within 30-days of the Showcase presentation. The Company founders and management team will make themselves available for up to 2 face-to-face and/or videos (call) conferences that will be scheduled in advance of closing.
• The Company founders and the management team agree to receive private calls from individual investors and respond within 48 hours.
• The Company hereby agrees and permits CSV to post the name of the Company on the CSV webpage with name and logo and publish a press release with a portfolio update after funding that will be approved by the Company.
• The Company is hereby prohibited from disclosing any information pertaining to CitySide Investor Network including name and contact information, CSV business operations, and practices without the expressed permission of CSV.

POST INVESTMENT REQUIREMENTS:   To make sure that we are clear on our philosophy and process we have created the following requirement guidelines following an investment from CSV, CAN and or Birmingham Angels.

• The Founder(s) will be available for a monthly 15 to 30-minutes “Check-Point” call for a quick update.
• The Founder(s) will send a quarterly update to CSV using our web link: https:/birmingham-angels-portfolio-monthly-update/
• Communicate any breakdowns and or important issues to investors sooner than later.
• In the event of any legal issues arising that might impact the company and possibly the investors, it is paramount that your company will provide all documentation to CSV to be distributed to the investors immediately.

Yes, we know. We are asking for a lot of information. The one critical  thing we have learned, the more prepared the startup will be coming to the table, the faster we will make our decision. Investment decisions are all about time and capital, we need your partnership to ensure we will act quickly. Our Power Tips:

• Complete your application with velocity. It will take 1-2 hours to complete in order to save a month of work.
• Make it a complete application, do not skip anything
• The more information you provide the the less we will need to ask
• Use the application to learn what you need to work on
• Practice your pitch prior to our scheduled investor showcase
• Test your technology, internet connection, the computer is fully charred and your slide deck is uploaded and ready to share. 
• Last by not least, know your numbers backward and forwards. The one thing investors are sensitive to is a Founder or a CEO that does know his/her numbers.

City Side Ventures LLC (“CSV”) offers venture management services to qualified venture capital funds, private equity funds and family offices funds ONLY under contract. CSV is operating under the exemption of Section 203(I) of the Investment Advisers Act of 1940 (the “Advisors Act”) pursuant to the final rules promulgated by the SEC1.

City Side Ventures LLC (“CSV”) is a  service firm that is in the business of offering a variety of services which includes, but is not limited to:

• Angels & Early Stage Fund & Investment Management
• Venture Capital Fund Management
• Syndication Management
• Tech Incubation

CSV AS AN ENTITY DOES NOT MAKE ANY DIRECT INVESTMENT INTO ANY COMPANY.  CSV IS NOT A REGISTERED “INVESTMENT ADVISOR” UNDER STATE AND FEDERAL REGULATION. CSV IS NOT A REGISTERED BROKER-DEALER AND IS NOT IN THE BUSINESS OF OFFERING INVESTMENT ADVICE TO THE PUBLIC, INDIVIDUAL INVESTORS NOR IN THE BUSINESS OF OFFERING, ENGAGED IN ANY ACTIVITIES OF SELLING OR TRADING SECURITIES OF ANY KIND TO THE PUBLIC.

Although our closing ratio is higher than usual, you might go through the entire application process, our team will put in the work and yet CitySide Venture does not provide any guarantees, warrants or any promises of any kind that your startup will be funded.

By applying, you acknowledge that you will allow CitySide 60-Days from the time your application was published to close. If your company is intending to close or has a mandate that the round should or need to be closed in less than 60-day, please do not apply. We are committed to our process Pitch-To-Funding in 60-Days or less. Now that you are clear, please continue with the online application below. We are looking forward to reviewing your application and to give you a “YES” asap.

Now, after completing reading our application guidelines and would like to apply, please use the following link.