The Start-Up Series
The UK's largest monthly seed funding competition, which awards one start-up per month £150,000 from an £1.8m SEIS fund created by Worth Capital
Fund name: The Start-Up Series
Investor category: Private equity
Based in: London
Run by Startups.co.uk and investment promoters Worth Capital, The Start-Up Series is the largest monthly seed funding competition in the UK, awarding one start-up per month £150,000 funding from a Seed Enterprise Investment Scheme (SEIS).
The competition seeks entries from early-stage consumer businesses which are creating new products or services, or innovating new ways to buy them.
There are several criteria that start-ups must meet to be eligible to apply:
- The business must be UK-based and its owner a UK resident no younger than 18 years old.
- The company must have been trading for fewer than 21 months.
- The business must have fewer than 25 employees.
- To qualify for SEIS funding, the business must have less than £200,000 in gross assets.
The Start-Up Series launches at the beginning of each month, with entries closing two weeks later. To see when the next entry window is and find out how to apply, click here.
Size of fund:
Since the first round of the competition in October 2016, The Start-Up Series has publicly announced five winners, who have each received £150,000 equity seed funding.
These businesses are: property rental management platform RentalStep; vegetarian hot dog brand Not Dogs; innovative baby food processer Nuripod; refreshing non-alcoholic drinks brand Outfox; and the online marketplace for leftover building materials, Builders Bay.