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Everything posted by Benjamin

  1. Me and two of my college classmates have recently participated in Innovation Program for startups as a team. After presenting startup idea in the final – $ 3000 Seed Grant check were received on my name. Most of the work and idea development was done by me, which can be proven easily. Yet two other team members want me to distribute money that are meant for further research equally among three of us - $1000 each. After the program was over, I have continued working on further idea development, have created a basic prototype (mobile app) and want to participate in next programs where greater amount of seed money can be received. I informed team members that I am not willing to continue working as a team since most of the work was done by me and I don’t want my work to be taken advantage of. They’ve agreed to let me keep working on the idea solo as long as they’ll get paid their parts for Innovation Program. From my side, I simply want to ensure that after I pay them their parts our team work is over, and they won’t be able later on to claim that idea belongs to them, since I continue working on it alone. To ensure that, what will be the proper document I have to ask them to sign for me when I pay them their parts for the program?
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