The LIFE Model
Our Approach
All too frequently, technology is developed without reference to its market prospects or full funding requirements. To commercialise new technology LIFE uses a proprietary process called LIFE cycle.
LIFE cycle is a process to guide the entrepreneurs through the tasks required to produce a business that’s investment ready. The process is geared towards putting in place everything needed to support a fully-fledged commercial operation, attract capital, provide satisfactory returns to investors and contribute to the stock of clean technology capital.
Our Client Relationships
LIFE expects to work closely with clients over a 12-18 month period, up to the completion of the acceleration process. This calls for a sound working relationship based on mutual understanding and clearly-defined objectives. A Case Manager will work through LIFE cycle with the client, specifying activities and milestones and ensuring work is completed to the required standard on time.
Costs
At no cost to the company LIFE will provide services and incur costs at risk as follows: -
· Agreed Acceleration Services – To increase the value of the company’s business and prepare the company for investment through consultancy and support.
· Capital Raising Services – To provide access to capital including equity, grants, debt and/or similar monies.
If and when the company secures external investment the company will repay LIFE its at risk costs of providing the Acceleration Services and Capital Raising Services.
LIFE Equity Investment
In consideration for the services provided by LIFE the company will provide LIFE with equity in the business.