The Entrepreneurship & Innovation Clinic works closely with the entrepreneurial communities at Yale University, in greater New Haven and beyond. Clients of the clinic range from student- and faculty-led entrepreneurial ventures at Yale from all institutes, programs, centers, and schools, to for-profit and nonprofit entrepreneurs and their ventures that are part of the greater New Haven innovation ecosystem. Clients also include innovative start-ups and emerging growth companies from other entrepreneurial places on the East Coast and from around the globe.
Clinic students provide legal counsel to for-profit and nonprofit entrepreneurs and their ventures on the various transactional issues that arise from starting, managing, and growing their businesses as they establish and grow their ventures. The clinic also introduces students to the role of business, financial, human capital, and other non-legal factors in advising entrepreneurs and their ventures.
The clinic exposes students to different transactional matters and related legal issues for a variety of start-ups and emerging growth companies, including pre-venture counseling and founder agreements; entity selection counseling; entity formation and organizational document drafting; intellectual property protection and licensing; independent contractor and employment agreements and accompanying equity compensation plans; supplier, vendor, and customer agreements and other commercial contracts; joint venture and collaboration agreements; and start-up financings, such as friends and family, seed and Series A venture investment term sheets and documentation.