Got a start-up business to shout about? We want to hear from you...
Welcome to the home of the UK’s largest-ever seed funding competition. We at Startups.co.uk are absolutely thrilled to be able to present The Start-Up Series, a unique competition created to discover and invest £1.8m into some of the brightest businesses the nation has to offer.
This is not a ‘prize fund valued at X’ scheme where you essentially win a company’s services for free. The Start-Up Series is a serious investment competition that will invest real money into real businesses.
Interested in receiving £150,000?
Every month for the next 12 months, businesses that qualify to receive investment from an SEIS fund (find out if you qualify here), will be considered for investment of up to £150,000 – a transformative sum of money for any start-up.
Launched by Startups.co.uk in partnership with experienced investors Worth Capital, the series of monthly competitions will throw the doors wide open for companies to submit their applications during a two-week window every month. From there companies will be assessed through multiple stages and ultimately one winner each month will be offered investment at a fair valuation in exchange for an equity stake in their businesses.
Access to funding
In a survey we carried out with readers of Startups.co.uk, access to funding came top of the pile of challenges for those starting and growing an early stage business. The Start-Up Series aims to help solve that problem for the successful businesses with a highly efficient investment process.
Just eight weeks after submitting an application, the first competition winner will be chosen and four weeks later, subject to passing due diligence, the cash will be in the bank. And each month for a year we’ll be announcing other winners right here on Startups.co.uk.
But it’s not just about the money. Securing angel investment is as much about the backers that get behind your business. In Worth Capital we have the ideal partner and each winning company will work with an experienced Investor Director to work with them to grow their business.
Meet Worth Capital
Set up by experienced entrepreneurs and angel investors Paul Soanes and Matthew Cushen, alongside their business partners Paul Ephremsen and Alex Johns, co-founders of Worth Capital have a track record of picking winners and sharing the advice and experience so valued by their investee companies.
Worth Capital has already created funding competitions promoted by major media partners – Facebook and the Metro newspaper – which saw a combined £620,000 invested in five companies. You can read more about Worth Capital’s background here.
Make yourself known
Finally, every business that makes it through will receive invaluable media coverage and ongoing support on Startups.co.uk. We will want your business to success almost as much as you and will follow your progress.
Your business could be on the cusp of something big so if this sounds like the competition for you either register your interest or enter today.