Eastern Technology Group (ETG)
Stage 1 Seed
Differentiated Value | Risk Milestones | Stage 1 | Stage 2 | Stage 3
| Stage 4
At this early stage, the company is in concept development with no products in market. The R&D 'office' is the garage, basement, etc. and market interest and acceptance for your product or service is being developed. The company is possibly seeking angel investment and other financing.
Risk Management Focus – Fundamental
- Evaluate real estate, furniture and equipment leases for insurance implications
- Analyze lender requirements and investor agreements for indemnification language
- Ensure compliance with legal regulations and contractual obligations
- Determine basic coverage needed or required by prudence or law
Insurance Solutions - Basic Coverage
- Workers compensation – it's the law
- General Liability – mandated by the landlord
- Property Insurance – for the office location

