Idea Fund

I’ve got an Idea

(03/12/2020) PLEASE NOTE : OUR FUND IS NOW CLOSED FOR NEW APPLICATIONS UNTIL FEBRUARY 2021. We are delighted to have made an award to the ‘Sound Gadgets’ project – chosen from the recent torrent of interesting applications.  We thank all those who have applied for their interest.

I’ve got an idea” is a micro fund for individuals (or small groups or organisations) who have a novel technical idea which they want to try out.

It has been set up in memory of Peter Williams by his family. Peter spent his life generating a diversity of technical ideas and experimenting to see if they might work. The process always involved others and was always part of the fun. Some of his ideas worked and some of them didn’t but they all left our world a better and more interesting place. We run this fund in that spirit of imagination, potential impact and fun.

The fund is NOT currently open to new applications. This site will be updated as soon as more funds are available.

So, we are looking for ideas…..

  • That are based on a novel technical idea.
  • That would deliver a social or environmental benefit.
  • That are intriguing, inventive and have an element of fun.

The fund offers grants ranging from £250 to £5k. Once the fund’s allocation has been used, it will be closed for applications until the funding pot has refilled.

This is a doing fund. We only fund the costs of making and/or testing the idea itself. We do not cover payment for people’s time or marketing/promotion costs.

Applicants must be resident in the UK.

You can read about our first award made here.

How to apply:

You can apply to the Fund at any time by emailing the following information to alison@prospectory.co.uk

You need to tell us:-

  • About yourself, your interests and experience.

  • About your technical idea and who or what it could help.

  • How you plan to make it and/or test it out.

  • What funding you need and what it will cover.

  • Your contact details & how you found out about the fund.

Our technical and innovation advisors will assess your application. We may have to ask you further questions as part of this process.

We hope to tell you if your application has been successful within 4 weeks.