Seed Funding definition

Seed Funding means funding that is provided from the PDIF to an organization/group for support or assistance on a short-term basis to help start a new program or project that meets with the criteria as established in this policy, with the intent that the entity is self-sustaining at the end of the seed funding agreement. This funding is not provided on a consistent, regular or long-term basis and is reduced by an amount established in any corresponding funding agreement each year.
Seed Funding means financing that is provided for early-stage development, refinement, and commercialization of a product, process, or innovation through continuing applied research, advancing the patent process, determining commercial and market potential, or moving research toward development of a prototype; and
Seed Funding means funding that is provided from the Community Initiative & Opportunity Fund (COIF) to an organization/group to support the organization/group on a short term basis to help start a new program or project that meets with the criteria as established in this policy. This funding is not provided on a long term basis and is reduced by an amount established in the Agreement each year.

Examples of Seed Funding in a sentence

  • Should the Company receive formal commitments by third party investors related to an offer to acquire more than 50% of the amount being raised during the Seed Funding Round, Company shall communicate such formal commitments to Investor and the Investor’s Permitted Transferees within 5 days (“Seed Funding Round Pre-Emption Rights Communication”).

  • Upon receiving Seed Funding Round Pre-Emption Rights Communication, Investor and each of the Investor’s Permitted Transferees shall have 30 days (“Pre-Emption Rights Exercise Term”) to exercise the Seed Funding Round Pre-Emption Rights in order to acquire up to the above said 35% reserved quota at the same conditions provided in the Seed Funding Round Pre-Emption Rights Communication (“Pre-Emption Rights Exercise Communication”).

  • Should Investor and/or the Investor’s Permitted Transferees exercise Seed Funding Round Pre- Emption Rights for less than the 35% reserved quota, leaving a residual non opted quota, Company shall have the right to offer such non opted reserved quota to other investors.

  • The GUC Trustee shall not make any Distributions to Beneficiaries unless and until the GUC Trust Seed Funding Amount is repaid to the Debtors in accordance with Section 2.8 hereof, provided, however, the GUC Trustee may distribute the GUC Cash Payment to the Beneficiaries prior to the repayment of the GUC Trust Seed Funding Amount.

  • Table 4: Summary of Business Sector of Seed Funding Recipients in FY22 250 240 200 150 94 100 300 From the total of 240 seed funding recipients this quarter, culinary business owners significantly outnumbered other sectors.

  • Tiger will be responsible for setting up and operating the IAP under the academic auspices of the University, as well as ensuring that the IAP is sufficiently funded to achieve its objectives (subject to Shorelight’s obligation to provide Seed Funding as set forth in Section 2.6(A) below).

  • Absent a written agreement to the contrary, neither Party grants any license to any such background intellectual property for any purpose other than for the performance of the Research Project using Seed Funding.

  • On the Effective Date, the Debtors shall advance the GUC Trust Seed Funding Amount to the GUC Trust as a loan.

  • University may, in its sole discretion, choose to extend this period during which Company does not pay past or ongoing patent expenses for an additional [****] months after reevaluation by the Parties if Seed Funding has not been achieved.

  • The GUC Trust shall repay the GUC Trust Seed Funding Amount without interest to the Debtors or their successors or assigns from either the GUC Trust Seed Funding Amount not used to pay costs and expenses of administering the GUC Trust and/or the Net Proceeds, if any, of the liquidation of the Distributable Assets (other than the GUC Cash Payment which shall be utilized exclusively for the payment of Distributions to Beneficiaries).


More Definitions of Seed Funding

Seed Funding is the amount of funding required to establish the IAP and fund any of its losses until such time as Tiger has accumulated sufficient cash to satisfy the on-going operations of the IAP and thereafter any working capital required for Tiger’s operations.
Seed Funding. Provision: Up to an additional 0.5 percent of inpatient revenue in rates to help cover the costs associated with the development of improved discharge planning and care coordination infrastructure for a period of two years. Severity of Illness (SOI): A function of to APR-DRG grouper that categorizes cases based on the severity of the case. HSCRC's case mix adjustment is based off of SOI.
Seed Funding means Three Hundred Thousand Dollars ($300,000.00 US) in funding, such funding to include income from all sources, including but not limited to grants, research agreements, private investments corporate and/or venture financing, sublicensing revenue, and gross income from product sales.
Seed Funding means funds that are distributed to an individual as a “once off” (new member of staff, emerging researchers) to initiate a research niche as defined by VUT.
Seed Funding means funding in the amount of $100,000,000 to be advanced through the Supplemental Benefits Account of the Pension Fund to establish the Retiree Benefit Fund.

Related to Seed Funding

  • Approved Funding has the meaning ascribed to it in Schedule B.

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.

  • Additional Funding has the meaning prescribed to that term in clause 4.3 of this Agreement.

  • CarMax Funding means CarMax Auto Funding LLC, a Delaware limited liability company.

  • Residual Funding Facility means any funding arrangement with a financial institution or institutions or other lenders or purchasers under which advances are made to the Company or any Subsidiary based upon residual, subordinated or retained interests in Receivables Entities or any of their respective securities, debt instruments or other Indebtedness.