The EntAct Seed Fund is designed for students and graduates who have a developed idea for a business or social enterprise. You will be ready to start or grow your business or social enterprise. While you may not be generating significant revenue yet, you will either have test traded, made some initial sales or you will have developed an MVP and started to validate your idea.
We've designed the application process to mimic the process of applying for more serious funding, so yes it will take some work, but every document we ask for will be useful to you. If you need support with your application we'd love to hear from you - our job is to support you! (firstname.lastname@example.org)Apply here.
The EntAct Seed Fund is for a fixed amount of £500. You can apply more than once, but a maximum of two funds will be awarded to any business/individual.
Who can apply?
The seed fund is open to current students (Undergraduate and Post Graduate) and recent graduates (within 2 years). Applicants must also satisfy at least two of the following criteria;
Have attended at least two qualifying activities from the Centre for Entrepreneurship. This includes the following (other events may apply);
Have attended one of the activities above AND attended the Big Ideas Wales Bootcamp, All Wales Start up Week or equivalent type of program.
What can you apply for?
The use of the funds must be specified in the application. You can apply for specific expenditure which will help you to progress with your business. This may include the registration of IP, marketing costs, test trading costs, specialist equipment etc. We are unlikely to fund generic IT equipment or training courses.
Grants are awarded on a first come first served basis and are judged on the quality of the application. There are a limited number of awards available and applications will close once all funding has been allocated. To enter you will need to provide the following documentation.
Business One Pager (1 Side A4)
Detailed Business Model Canvas - with assumptions and validation ideas.
Video Elevator Pitch
Detail of proposed spending, with quotes and justification (1 Side A4)Apply here.
If you require further assistance with your application please email email@example.com