How do MSP partners get access to your MDFs?
After you partner with Coro, you can access it through the partner portal.
Are there any forms they must fill out?
No, no forms.
What can the MSP use the MDF for?
MDF can be used for business development, marketing campaigns, sales reps; really, anything to grow the business, including mergers and acquisitions!
What can’t the MSP use the MDF for?
Anything that competes with Coro.
What is the average/range of funds you give MSPs?
$7 to $5 per user from a business plan with Coro. For example, if the plan calls for 500 new users, anywhere from $500 to $2,500 is available.
Requirements to receive the funds:
If MDF is given, there are biweekly accountability meetings with the channel manager and quarterly reviews to check on progress and strategize.
Can you give us one or two examples of success stories of MSPs using your MDFs to gain more MRR?
We actually have our own lead generation services to assist with generating new business that is include for our partners. We also had a partner use MDF to help with the sale and they were able to add 25,000 users.