What is it?

The ICEHOUSE Seed Fund provides early stage funding for residents in the ICE Accelerator incubator (How to be a resident in the ICE Accelerator incubator?).  The fund is a collaboration between The ICEHOUSE and two leading investment groups, Sparkbox and K1W1.

Successful applications to The ICEHOUSE Seed Fund are matched by the New Zealand Venture Investment Fund’s Seed Co-Investment Fund (SCIF), enabling Kiwi entrepreneurs to source up to $150,000 for their project.  The ICEHOUSE Seed Fund helps entrepreneurs with good ideas to test the viability of their concept and whether it can be grown into a business.
 

Who?

1. You need to be a resident in the ICE Accelerator incubator (How to be a resident in the ICE Accelerator incubator?).
2. Your company operates in one of these market sectors: IT, communications, medical technology, bio or medical devices, cleantech, internet.
3. Your product must be unique, differentiated and innovative.
4. Your company must have clear and defined IP.
5. The management team of your company is enthusiastic, energetic, experienced, show integrity and have a clear vision for the business.
6. Your company has a valuation between $250,000 - $500,000.

How to apply?

• Attend a free Demystifying Start-Up Funding session to find out more.
• Apply to be an ICE Accelerator resident.

For more information, please contact Mariko King on 09 308 6200 or startup@theicehouse.co.nz

About Sparkbox Investments
Sparkbox Investments is New Zealand’s leading angel investor in the Information Communications and Technology (ICT) sector.  Our investments, back exceptional founders and company management who have world beating ideas,
enthusiasm, integrity and a strong and clear vision for their company.  We select companies that address large and diverse markets with products that are clearly differentiated, and which include Intellectual Property (IP) supported by patents.  Sparkbox assist founders to successfully realise their vision.
 

About K1W1
K1W1 is an investment company owned by Stephen Tindall.  It has invested in a number of early stage, New Zealand based, technology businesses across a wide range of sectors including ICT, biotech and cleantech.  K1W1 has also
invested in a number of local venture capital and private equity funds.

About the New Zealand Venture Investment Fund
NZVIF’s Seed Co-investment Fund is an investment fund which partners angel groups and seed investment companies to invest in early stage businesses with strong potential for high growth.  The $40 million Fund was established in late
2005 and has entered into nine partnerships.