1. OVERVIEW
This is a shared-risk, shared-reward partnership designed to foster the growth of innovative business ideas between Elevio Marketing (Pvt) Ltd and the Partner.
2. DEVELOPMENT COST INVESTMENT
- Shared Investment: Elevio will absorb 50% of the total development cost (Software, Web, or App) as a technical investment.
- Partner Contribution: The Partner is responsible for the remaining 50%, payable according to agreed milestones.
3. MARKETING & ADVERTISING
- Elevio's Role: Provide professional Digital Marketing and Growth Strategy services.
- Ad Spend: All direct costs related to paid advertising (Meta, Google, TikTok) are the sole responsibility of the Partner.
4. EQUITY & REVENUE SHARING
- Equity: Elevio will hold a percentage of Equity (10% - 35%) based on project scale.
- Profit Sharing: Partner agrees to share a percentage of Monthly Net Profit.
5. INTELLECTUAL PROPERTY (IP)
All code/assets remain under joint ownership until terms are met or a buyout occurs.