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

D.L.Snellgrove@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

D.L.Snellgrove@yorkshireuniversities.ac.uk

0114 225 2129

07711 649139

http://www.yorkshireuniversities.ac.uk/