Registration:

Developers must register with the MADIBA data center by signing a membership agreement and pay initial enrollment, which may vary based on business analysis.

Registration includes:

• A business certification and securities underwriting for first-stage programming and development.
• The first initial fees are due upon signing of a membership agreement.
• Thereafter, a regular monthly subscription fee is due in advance on the first of every month.
• Fees may be paid via Check, Cash or Credit.

Requirements:

All members must:

• have a government issued ID or driving license
• be in business in the state where investment funds are offered
• be willing to offer company stock or bonds to guarantor members program investments in exchange for working capital and repay principal and interest.
• have a commercial bank account
• have a computer accountability system.

Administration

After register an developer will complete a Certification and Procurement compliance credit check for business due diligence

For procurement qualification, developers must have:

• Certificate of Authority for business registration within the state of your operations
• An Employer Identification Number EIN for banking or taxation
• Investment Fund letter of intent to provide service within the state of which doing business
• Sign a Beneficiary Ownership Statement BOF

Service Level Agreement

After finalization of registration, new developers will complete a standard Service Level Agreement SLA. Developers will be instructed to read and review MADIBA development, investment, and procurement policies to receive private certification.

Level II – Developer Bonding

Qualification

To qualify, developers must have:

• Master Service Agreement
• Bid, Performance, and Payment Bond Approval
• Surety Bond (as needed)
• Medallion Guarantee (as needed)

All developers must have the following:

• An asset or equity that can leverage investment
• Willingness to be an individual surety
• Minimum Qualified household income of $250,000

Note: Additional third-party underwriting and appraisal fees for this service may apply. Fees are invoiced to each developer and can be paid in full upon receipt or financed with each invoice on an agreed schedule.

Certification & Storage

After SLA is approved the certified developer will sign a Book Entry Securities Deposit Agreement for securities custody within the MADIBA Data Center and local clerk of court (as needed) by MADIBA administrative parties

Development

After administrative contracting, developers will begin work together with MADIBA369 members, sponsors, and administrators on planning, proposals ‘as needed’ to ensure effective operations with an Planning Schedule for community investment program”as needed”

Funds Transfer Request

After certification and custody, a MADIBA administrative member will allocate funds transfer assignments for development working capital expense card via settlement bank.

Qualification

To qualify for a working capital card academic developers must have:

• Business or Commercial bank account
• Acquirer’s Business Relationship Manager with their bank (as needed)
• Settlement Agreement with their bank’s Treasury Service (as needed)

Note: There will be an administrative hearing held at the investment board meeting for approval.