There are as many types of sponsors as there are ideas for grants. There are varying levels and degrees of affiliation with any given sponsor. Rocket Lawyer provides information and software only. Rocket Lawyer is not a "lawyer referral service" and does not provide legal advice or participate in any legal representation. More than just a template, our step-by-step interview process makes it easy to create a Strategic Alliance Agreement. Save, sign, print, and download your document when you are done. Sometimes working together is the best strategy, but make sure you create a Strategic Alliance Agreement. When your business decides to share resources and knowledge and help each other in a project, a Strategic Alliance Agreement solidifies your plans by spelling out the terms of agreement for both parties. It's a formal arrangement between two or more companies who have agreed to share resources in a specific project to create a competitive advantage. The Agreement is often used to share products, distribution channels, manufacturing capability, project funding, capital equipment, knowledge, expertise, or intellectual property. Describe the advantages to the project that this alliance brings. URL of the partners web site Company Organization Name #3 Summarize the partners products or services.