Seed Funding
Note: Before submitting this application please read the terms of investment mentioned below:
Typical terms for Seed funding by Venture Center:
• Investment mode: Equity ownership in a private limited company
• Investment amount: Up to 100 lakh
• BoD representation: 1 Board Nominee Director and/or 1 observer of Venture Center
• Selected startup should be resident incubatee of Venture Center at the time of investment
Have you read and understood the terms of investment mentioned below? Yes/no Typical terms for Seed funding by Venture Center: • Investment mode: Equity ownership in a private limited company• Investment amount: Up to 100 lakh• BoD representation: 1 Board Nominee Director and/or 1 observer of Venture Center• Selected startup should be resident incubatee of Venture Center at the time of investment *
1. Applicant information
Applicant full name *
Your answer
Full postal address for correspondence *
Your answer
Phone *
Your answer
Email *
Your answer
2. Organization information
Name of organization *
Your answer
Legal status of organization (tick one) *
Is your organization a subsidiary of MNC/foreign company? *
Whether majority of the shareholders (holding more than 51% shares) of your company are Indian citizens? *
Date of incorporation/registration *
MM
/
DD
/
YYYY
Alternative correspondence address (if different from above address of applicant)
Your answer
Website
Your answer
Nature of business (explain in brief) *
Your answer
Age of business (years) *
Your answer
We wish to apply for funding under the Seed Fund facilitated by Venture Center: *
Which Seed Fund Scheme are you interested in applying for? For details on these funding schemes please visit http://www.venturecenter.co.in/resources_facilities.php *
Required
Have you received any of the above three funds from any incubator/institute in past? *
If yes, please mention details of investment received (please mention amount of seed fund investment received, mode of investment, under which of the above three seed funds and from which incubator/institute) *
Your answer
Required amount of funding (Rs in lakh) *
Your answer
We heard about Venture Center from *
Required
Is there atleast one dedicated entrepreneur associated with the venture? *
Name of the person 100% dedicated to the applicant company *
Your answer
% of shares held by person who is 100% dedicated to the applicant company *
Your answer
Is there a formal, comprehensive business plan attached? *
Does the venture meet high ethical & professional standards? *
Do the key activities to be funded primarily include to pilot and commercialise products, scaling up, developing IP portfolio, test marketing, certification etc.?Specify if other *
Does the venture have prototype ready? *
Do the venture’s activities meet EHS (Environment Health Safety) requirements? *
Is the venture already registered as a private limited company? *
Is there a strong technology/knowledge component in the venture? *
Is the amount of funding requested less than 100L? *
Are the promoters willing to share equity in exchange for Seed funding? *
Is the applicant a resident incubatee at Venture Center or ready to be a resident incubatee at the time of investment? *
The undersigned authorized representative of the applicant also declares that all the information given herein above is true and correct to the best of his personal knowledge and belief and also understands that in the event of any information found to be untrue or incorrect, the contract of the said services is liable to be terminated forthwith. *
The undersigned authorized representative of the applicant also agrees not to make any claim or demand compensation unconditionally in any form, at any point of time, now or any time in future, on the information / technology details provided by you as trade secret or proprietary intellectual property. This information is required by Venture Center to assess the suitability for the purpose of providing funding support. Further Venture Center does not guarantee acceptance any funding assistance, and Venture Center has the right to reject any proposal without assigning any reason what so ever. Venture Center will not pay any compensation to you in any form for the delay in communicating the decision or rejecting the proposal at its own discretion. *
Name of the authorized signatory along with designation *
Your answer
I will email following details to funding@venturecenter.co.in in order to complete my application before the closure of the call: 1.Business plan 2.Current shareholding pattern 3.Resume of the key management personnel. *
Submit
Never submit passwords through Google Forms.
This form was created inside of Venturecenter.co.in. Report Abuse