The most usual cause of angst between entrepreneurs and potential investors is the valuation being given to the business – and therefore the equity being given up by the entrepreneur. This tension rarely arises because either party wishes to shaft each other. This would be...
In the last Autumn budget, the Chancellor announced changes to the Enterprise Investment Scheme (EIS) and the Seed Enterprise Investment Scheme (SEIS) as a result of his ‘Patient Capital Review’. He could have reduced the generous tax reliefs available, but he didn’t, he extended the...
We’ve been running the UK’s largest seed funding competition for 12 months. Each month we have been carefully picking one business, from around 100 entries, to qualify for a £150,000 equity investment. After 12 monthly competitions to find the brightest consumer ideas, this month we...
The Government published their ‘Financing growth in innovative firms’ consultation paper last month, with submissions due this week (the deadline is Friday 22 September). Commonly known as the ‘Patient Capital Review‘ it was announced by the Prime Minister in Autumn 2016 and mentioned in Philip...
