First Fund Investment Program
Wilmington, USA
The Home for Science Startups
About the program
The First Fund provides up to $240,000 of pre-seed and seed capital to deep tech companies developing solutions primarily in life sciences, clean tech and advanced materials. First Fund companies must become residents of the Innovation Space as a condition of the investment.
Location
Program details
Access to business experts, connection to investors and partners, use of scientific equipment, on-site gym, cafeteria, free parking, free coffee/espresso, sparkling/still water, collaboration areas
Key dates
Investment offer
Convertible loan structure with cash component of $30,000 to $120,000 plus laboratory, office space and support services valued at $30,000 (half lab, one office) or $60,000 (full lab, two offices) for 6 months. Total investment up to $240,000.