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The MENA Private Equity Association has launched a VC legal documentation guide designed to give entrepreneurs a practical understanding of the basic terms involved in a venture capital transaction.
The guide focuses on issues specific to the Middle East and North Africa, and also includes a standard term-sheet template format. Standardized documents help acquaint entrepreneurs with the investment process and simplify transactions for investors. Templates reduce transaction costs and time, while promoting fair legal norms throughout the industry.
“We are confident that this guide will make VC funding easier to access and understand, especially for entrepreneurs who are approaching VCs for the first time,” said Jeanette Lepper, Manager, MENA Private Equity Association. “Ultimately by making the deal process easier, we expect the number of deals to increase significantly, thereby channeling more funds into new ideas and new businesses in the region.”
A copy of the Report, in both English and Arabic can be downloaded at: http://www.menapea.com/vc-legal-documents.php
Regular updates to the documentation guide and standard term sheet will also be posted on the same link. The Association would like to thank its Venture Capital and Legal Taskforces for their work in producing this report. Taskforce member profiles can be found at http://www.menapea.com/our-people.php
About the MENA Private Equity Association
The MENA Private Equity Association is a non-profit entity committed to supporting and developing the private equity and venture capital industry in the Middle East and North Africa. The Association aims to foster greater communication within the region’s private equity and venture capital network and facilitate knowledge sharing in order to encourage overall economic growth, and will actively promote the industry’s successes to local stakeholders and build trust with investors, regulators and the public regionally and internationally.
For more information, contact:
Jeanette Lepper
TEL: +971507059673
MENA Private Equity Association
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