Starting a Company: How to Set Up Essential Business Contracts

ACS Webinars

Do you want to start a new company based on your research discovery, a new technology, or innovative service? Prepare yourself to enter into LOTS of contracts. There are licensing agreements with your university, shareholder agreements with your co-founders, conflict-of-interest and conflict-of-commitment agreements, funding terms and conditions with investors, employment contracts and many, many more.

Join Professional Corporate and Securities Attorney Jim Verdonik of Innovate Capital as he helps you navigate the intricacies of these various indispensable contracts and prepares you to carefully consider their implications for you and your new company.

Part 8 of our series on Starting a Company is moderated by Jim Skinner of Terregena Inc. and ACS SCHB and 2015 ACS President Diane Grob Schmidt of the University of Cincinnati. This event will have special introductions from 2021 ACS President H.N. Cheng of the U.S. Department of Agriculture’s Agricultural Research Service and 2022 ACS President Angela Wilson of Michigan State University, and is co-produced with the ACS Division of Small Chemical Businesses and the ACS Division of Business Development & Management.

What You Will Learn

  • What types of contracts are vital to your new company and why
  • What do you need to know before entering licensing agreements, shareholder agreements, funding terms and conditions, and employment agreements
  • How to deal with university tech transfer offices


Meet the Experts  

Jim Verdonik
Professional Corporate and Securities Attorney,
Innovate Capital

Jim Skinner
President & CEO, Terregena Inc. &

Diane Grob Schmidt
2015 ACS President & Adjunct Professor of Chemistry, University of Cincinnati

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