DEEP SEED FUND
Let's make the wave we'll all ride together. DEEP Seed Fund investors share part of their fundraising to grow the strongest ecosystem community on the planet.
How it Works
Pay it Forward and Earn Back
The DEEP Seed Fund investors register their public funding applications before they are granted and agree to give a percentage of the funding they win. In exchange every member who actively applied for funding receives a payout if any funding is raised by the community relative to their own commitments.
With the DEEP Seed Fund we ensure that highly innovative ecosystem leaders are able to stay competitive and participate in the most lucrative opportunities without the risk of overburdening themselves. Fundraising is expensive and the DEEP Seed Fund ensures the creativity and passion going into the applications is rewarded. At the same time, the group's commitment to share funding with each other allows for a more open and less aggressive collaboration environment.
Example: If you register an application to the EU and you win, you will pay an agreed percentage to the DEEP Seed Fund. In case you lose, but another DEEP Seed Fund member wins funding, you will receive a share based on your previous contributions to the DEEP Seed Fund.
For every application you register, you receive points that entitle you to a relative share of the payout of the won funding.
Imagine that 10 investors in the DEEP Seed Fund each invest with a potential of 20,000 € revenue sharing to the DEEP Seed Fund, but only two win funding. Then the 8 others will receive 5,000 € as a payout. If you registered a higher potential revenue sharing you will also receive more payout.
To be eligible for a payout you need to fulfill the following criteria at payout:
- You agree to give back at least 5% of your funding raised from your budget in the registered funding applications.
- You registered at least 1 funding application in the DEEP Seed Fund.
- The funding application meets the minimum requirement of representing at least 3 DEEP members with revenue sharing agreements with DEEP. One of the members can be DEEP itself.
- The funding application has received an evaluation meeting the minimum threshold for funding even if it was ultimately not chosen for funding (if applicable).
- The DEEP leadership team has not excluded you from the participation due to uncooperative and harmful behaviour that does not align with our community spirit.
- At least 10 funding applications have been submitted to the fund. Otherwise no success fee is charged and no payout is paid.
Every DEEP member with a success fee agreement is eligible to participate in the DEEP Seed Fund and DEEP will add one third of the agreed success fee to the DEEP Seed Fund, while two thirds will be used to cover the costs for the support to ecosystem initiatives through the DEEP Accelerator.
Payout is calculated every February.
Invest Future Revenue in the Strongest Ecosystem Community on the Planet
Register a Funding Application
Our Track Record
Ecosystem Hubs
67
Countries
36
Funding
>5mn €
A Co-Investment for Growth
- No upfront cost for participants
- Complete alignment of interest based on revenue share
- Run an Ecosystem Hack in your City to get guaranteed seats
Our Ecosystem Hub Model
