How to Apply

Below you will find the form that you need to make a POC Fund application. If you have any problems downloading the form, please use the “Contact Us” link to let us know.

Applicants are asked to develop their application in association with a Sponsor who has the relevant commercial or technical expertise to support the idea.

Your application should describe the novelty of your idea, the market potential and the strengths of the management team. The application should clearly specify a programme of work necessary to complete the project, a project plan and associated budget. The Sponsor will work with you to develop the application and conduct preliminary due diligence. Once the Sponsor is happy the application form is complete, the Sponsor will submit it to NorthStar Equity Investors on your behalf.

What happens once my application is submitted?

An investment manager will be appointed and you will be invited to a meeting to discuss your idea with them. The investment manager will then carry out basic due diligence, involving external experts where appropriate. Wherever possible, the investment manager will provide constructive feedback as soon as possible. If the proposition is rejected, the process stops there.

If the investment manager is supportive of your idea, they will recommend the proposition to the NorthStar Equity Investment Panel on your behalf. If the Investment Panel approves the application, the investment manager will prepare an offer letter.

After the standard legals are completed and the money is transferred, work on the project can begin. The investment manager will hold regular review meetings with you to discuss progress against milestones and budget.

Applicants will also be assisted with routes to further funding if appropriate

Our Proof of Concept application form may be downloaded here.