SEIS INVESTMENTS ARE COMPLEX PRODUCTS WHICH SHOULD BE CONSIDERED AS BEING HIGHER-RISK INVESTMENTS, AND ARE NOT SUITABLE FOR ALL INVESTORS. THEY MAY BE APPROPRIATE AS PART OF A DIVERSIFIED PORTFOLIO, GIVING ACCESS TO AN ALTERNATIVE ASSET CLASS, BUT MANY INVOLVE LONG TERM INVESTMENTS AND THEREFORE SHOULD BE CONSIDERED ILLIQUID AND UNSUITABLE FOR UNPLANNED OR EARLY CAPITAL WITHDRAWALS.
Each month a business will rise to the top of one of the Start-Up Series competitions and qualify, subject to contracts and terms, to receive up to £150,000 of seed capital, the help and advice of an experienced Investor Director and the kudos and publicity of winning this high profile competition series.
Sophisticated distillation and comprehensive due diligence will result, following investment approval, in seed investment up to £150,000 per business at a valuation set to reflect the relative maturity of the business and the requirement for funds.
The Start-Up Series will be aimed at consumer start-ups: Creating new products & services to buy and the ways that we buy them. The focus is on real products and services, in the consumer space where strong brands can be grown. ‘Tech’ is not being targeted specifically, although technology based disruptions to the target sectors will be expected and encouraged.
The target £2.1 million Start-Up Series SEIS Fund One will enable investors to hold equity in a portfolio of winners of the Start-Up Series, along with possible additional discretionary investments in other SEIS-eligible companies.
The fund will be managed by Amersham Investment Management Ltd, authorised and regulated by the Financial Conduct Authority, FRN 507460. All the investments will be SEIS compliant.
Background on the Start-Up Series and the full Start-Up Series SEIS Fund One Information Memorandum are available by registering here.
Four elements of the Start-Up Series…
SEIS INVESTMENTS tabs
the attraction of real and substantial funding
promoted by the ‘go to’ place for start-ups to look for advice
wide social media coverage
teams and business plans interrogated by the Worth Capital team – commercial and technical due diligence
realistic valuations and appropriate investment funding decided based on the maturity of the business and sector
entrepreneurs committed to investor director oversight from the entry process – ensuring the competitions attract entrepreneurs that value challenge, provocation and expert insight
selection of businesses across consumer sectors for a diversified portfolio
all winners certified SEIS compliant
THIS WEBPAGE HAS BEEN APPROVED AS A FINANCIAL PROMOTION FOR THE PURPOSES OF S21 FINANCIAL SERVICES AND MARKETS ACT 2000 BY AMERSHAM INVESTMENT MANAGEMENT LTD WHICH IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY FRN 507460. SEIS INVESTMENTS MAY PLACE YOUR CAPITAL AT RISK AND THE VALUE OF THEM MAY GO DOWN AS WELL AS UP AND AN INVESTOR MAY NOT GET BACK THE AMOUNT HE OR SHE INVESTED. THE TAX TREATMENT OF THE INVESTMENTS DEPENDS ON THE INDIVIDUAL CIRCUMSTANCES OF EACH INVESTOR AND MAY BE SUBJECT TO CHANGE IN FUTURE. INVESTORS SHOULD SEEK QUALIFIED PROFESSIONAL ADVICE BEFORE INVESTING. THIS COMMUNICATION DOES NOT CONSTITUTE AN OFFER TO YOU BY AMERSHAM INVESTMENT MANAGEMENT LTD. AN INVESTMENT IN THE START-UP SERIES SEIS FUND ONE MAY ONLY BE MADE IN ACCORDANCE WITH THAT FUND’S INFORMATION MEMORANDUM AND APPLICATION FORM.