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Welcome to
Meet the investor event Crowne Plaza Hotel
Leeds March 4th 2008
Yorkshire Concept: Proof of Commercial Concept Fund
Lloyd Snellgrove
Director
http://www.yorkshireuniversities.ac.uk
How does it work?
• Co-investment model 50%:50%
• Yorkshire Forward £1m p.a for 3 years
• Quarterly calls
• Pre-incorporation grants : £30K - £70K
• No overheads No IP costs
• Propositions through HEI contact
• Board meetings Mar/June/Sept/Dec
Yorkshire Concept PCC
Academic idea Commercial product
University POC
Yorkshire ConceptPCC
Key factors
• Proof of technology/proof of commercial
• Commercially focussed Board
• Bridge to investment readiness
• Good interface with seed corn funders
• Meet the follow on investor
Yorkshire Concept
Thank you for listening
0114 225 2129
07711 649139
http://www.yorkshireuniversities.ac.uk/