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Applying for funding

Iceni can support proposals at a far earlier stage than other sources of investment.  Providing the business proposal is sound, we can support both shorter-term and longer-term projects developed by one of our Partner Institutes.

Sector

There are no sector criteria and applications do not need to be technology-based.

Investment criteria

In assessing applications for investment by Iceni, the Investment Executive will consider the following criteria, including:

  • Does the project represent a real commercial opportunity that is sustainable?
  • Is there a real and current need for the idea/technology?
  • Is there a planned and clear route to taking the product or service to market?
  • Is any intellectual property (IP) well protected and is the ownership status of the IP clear?

 

The application process

Applications can be made at any time and are assessed on a “first come, first served” basis.

Our application process is highly interactive and it is likely that the Fund Adviser and an Iceni IAL member will be involved alongside your Iceni representative in helping you frame your proposal.  Applicants will usually be asked to make a short presentation to the Iceni Advisory board.