Application Process

Companies interested in applying for pre-seed funding should fill in their application here. Typical timeframes for progressing through the application process are outlined below.

 

Step 1: Application submitted with supporting information

Timeframe: 2-3 weeks from receipt of application**

 

Step 2: Application reviewed by ICD team and terms outlined to company

Timeframe: Decision within 2-3 weeks

 

Step 3: Prepare a due diligence pack to satisfy due diligence checklist

Timeframe: 3-4 weeks

 

Step 4: Approval of investment

Timeframe: 4-6 weeks

 

Step 5: Finalize and sign term sheet

Timeframe: 4-6 weeks

 

Step 6: Legal agreements drafted and executed. Funds released.

Timeframe: 4-6 weeks

** Due to the significant volume of applications we are receiving at the current time, it will take us longer than usual to review your application. We will aim to contact you within 3-4 weeks of receiving your application. Thank you for your patience and understanding whilst we experience high levels of applications. Keep your creative business moving forward in the meantime!

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