TERM SHEET

Sandcastle Impact Fund (QOZ) uses a customized version of a S.A.F.E. agreement for Qualified Opportunity Zone investments. The S.A.F.E. was originally introduced to the venture capital industry by YCombinator in 2013. The safe (simple agreement for future equity) has been used by almost all YC startups and countless non-YC startups as the main instrument for early-stage fundraising and Sandcastle Impact Fund’s 4 most common post-money S.A.F.E templates are below along with our Pro Rata Side Letter.

• S.A.F.E. QOZ: Valuation Cap, no Discount

• S.A.F.E. QOZ: Discount, no Valuation Cap

• S.A.F.E QOZ: Valuation Cap and Discount

• S.A.F.E QOZ: MFN, no Valuation Cap, no Discount

• SIFQOZ: Pro Rata Side Letter

COMPETITION

Sandcastle Startups Challenge competitor agreements and releases and proprietary pitch deck templates are below:

• Sandcastle Startups Challenge 10-Slide Semi-Customizable Competition Deck Template

• Sandcastle Startups Challenge Company Participation Agreement

ACCELERATOR

-Coming Fall 2022-