Recruiting Your Startup Team: Directors and Advisors

Date: Thursday, March 10, 2022
8:00pm to 9:30pm ET
Online. No travel is needed.

Course Description

Directors and advisors are a key part of your startup team and having the right people greatly increases your chances at success. A company is required to have a Board of Directors with defined responsibilities under corporate law, but startups have a special need to find directors who can help with venture capital funding, IPOs and M&As. Likewise, a startup needs specific advisors who can provide subject matter expertise, mentoring, and networking connections. Both groups are strategic members of a successful startup team providing the founder/entrepreneur with support, connections and key advice.

The objective of this course is two-fold:

  1. For startup founders and CEOs: To acquire the knowledge to create an effective Board of Directors and Board of Advisors that will ensure startup success
  2. For PH.Ds, MBAs, professionals, and experts who want to be on Boards: Achieve a better understanding of the needs of the founders/entrepreneurs to effectively support a startup.

Course Content:

  • Board of Directors and Advisory Board: What's the Difference?
  • Recruiting the Right Talent: How to Effectively Populate Your Boards
  • How to Compensate Directors and Advisors with a Stock Plan
  • A Review of Director and Advisor Agreements
  • Roles and Responsibilities of the Board of Directors
  • What’s the Business Judgment Rule
  • What Fiduciary Duties are owed to the company
  • Board’s Role with Major Transactions like Financing, M&A, and Going Public


Tony Stanco, JD, LLM

Tony Stanco, Esq. is the founder and executive director of the National Council of Entrepreneurial Tech Transfer and co-founder of National Angels USA. Mr. Stanco was a senior attorney at the Securities and Exchange Commission where he worked on hundreds of IPOs in the Division of Corporation Finance. He also has worked on innovation policy, including start-up creation and funding by angel investors and VCs. At School of Engineering and Applied Science at The George Washington University, Mr. Stanco worked with universities and governments around the world on innovation policy, startup finance policy, software policy, Open Source, cyber-security, and e-Government issues. Mr. Stanco has appeared before the US Congress, various US defense and civilian agencies, the World Bank, the European Commission, United Nations, Inter-American Development Bank, and Organization of American States. Mr. Stanco teaches the Lab to IPO course dealing with start-up formation and funding. He has an LL.M. from Georgetown University Law Center in securities regulation and is licensed as a lawyer in New York state.

Course Registration

Enrollment Fees:
  • $149/person
  • This course is a 90-minute lecture with Q&A
  • Includes extensive handouts and a recorded video of the session

Payment Policy:

  • All registrations must be made online and by credit card. We do not accept Purchase Orders or checks.
  • Payment for all registrations must be made by institutional or personal credit card and paid in full prior to the Virtual Conference.
  • Receipts of registration will be sent to you via email upon completion of registration.

Refunds and Cancellations:

  • Cancellations and Refunds: Notification of cancellation must be submitted in writing to Cancellations received more than 48 hours in advance will be subject to a $25 cancellation charge. No refunds will be given within 48 hours of the event.
  • Substitutions are allowed at any time but must be submitted in writing to within 48 hours in advance.


  • Fees change without notice. We exercise dynamic pricing which can change daily. Actual pricing is established each day at the point of registration. All prices are quoted as information only and we reserve the right to change them without notice.

Frequently Asked Questions

What background knowledge is necessary?

No specific background is required. This course is ideal for entrepreneurs who want to know more about IPOs and/or are thinking of going public.

Do you have discounts for startups/universities enrolling more than 1 person?

Contact to discuss discounts for multiple attendees.

I may not be available for the day of the course will a recording be available?

Yes, the recording will be made available and it will be posted after each lecture.

How can I access the online class?

This course is online. You need a computer with web access for the visual/audio. You may also dial-in using the audio-only telephone number. The call in details and instructions on how to join the course will be sent to you via email before the course. Once registered to the course you will receive a reminder email 24 hours before the start of the webinar with instructions on how to join.

Is there a fee if I wish to engage with NCET2 for additional help in building my startup?

If you wish to engage with us for assistance beyond the course, please email us at and we can discuss with you services to help you develop your company.

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