Plan and provide TA services to eligible beneficiaries to build a pipeline of ready-eligible businesses for RI’s SSBCI Capital Programs. TA services must be available statewide. Eligible legal, accounting, and financial advisory services provided to an eligible beneficiary under a TA Grant Program award include the following, and other services that are similar to the following: Legal Services • Assisting with business formation or adopting corporate governance documents. • Obtaining needed registrations, licenses, filings, and certifications. • Advising on, or preparing documents for, the business to enter into contracts. • Legal services related to the business obtaining capital from investors, such as the development of financial instruments, investment term sheets, purchase agreements, and shareholder rights agreements. • Legal services related to a transfer of ownership interests in a business, in the case of employee stock ownership plans. Accounting Services • Preparing audits, financial statements, or business records. • Digitizing financial records. • Advisory services or training regarding accounting practices, recordkeeping, or accounting software.
