Frequently Asked Questions
Am I eligible?
Does it matter what stage of financing my company is?
What other benefits do members have beyond the scope of free legal services?
All members have access to the Resource Center, free events, legal forms, office hours and networking opportunities, including our global network of venture capital firms, private equity funds, incubators, accelerators and management consultancy firms.
What scope of services can I expect to receive after I’ve been selected?
We have lawyers across several practice areas. Some common examples of legal issues applicable to McDermott Rise members include documenting a fundraising, tax matters, applying for a patent, securing a trademark, developing compliant privacy and cybersecurity policies, employment law, IP, Payroll Protection Program eligibility and selling or planning an exit later.
How do I know which practice areas apply to my business?
Each McDermott Rise cohort will participate in an Orientation Series. The kick-off session will introduce the program and answer any questions. Following the kick-off, each member is invited to additional practice area-specific orientation sessions (recordings are also available for members following each session). The purpose is to help members understand possible areas that will enable them to tackle an important project to grow, scale or launch their business. Practice areas include:
- Data Privacy & Cybersecurity
- Payroll Protection Program (PPP)
- Incentive Compensation
- Planning an Exit Later
- What You Need to Know about Personal Estate Planning
- Enterprise Organization
- Funding and Financing
- Employment Law
- Patents and Trademarks
What information do I need to apply?
- Contact information
- Percentage of senior leadership/founders who are Black or people of color
- Industry/business vertical
- Stage of financing
- 150 words or fewer describing what is unique about your business
- Submission video (strongly encouraged but not required)
- Business plan (strongly encouraged but not required)
If I am selected, what do I get?
What happens after the complimentary hours are used?
Does McDermott Rise provide business funding?
Can businesses apply more than once if they’ve already been selected?
Who will be my main point of contact?
How many McDermott Rise members are selected, and how often?
Where can I apply?
Apply online at https://go.mwe.com/RiseApplication.
How can I submit questions or ask for additional information?
Contact us at McDermottRise@mwe.com.
Ready to Apply
Ready to Apply
If you think your business would be a good fit for McDermott Rise and you’ve reviewed our terms and conditions we encourage you to submit an application using the below link.