The Start-Up Series will next open for entries on 01 September 2020
A message from Worth Capital: Monthly competition to be paused in light of Coronavirus outbreak. Leave your details to be reminded when entries resume
During these challenging times caused by the Coronavirus outbreak, we have decided to pause our monthly competition until September.
The Start-Up Series has been running since October 2016 and has seen £4.3 million being invested into the winners so far. We have made the decision to pause the competition until September because:
- Although much of the process is digital, the most important part of the process is the half day ‘deep dive’ we have with each of the finalists (later on in the process). These sessions give us a chance to delve into the proposition and strategy with the founding teams and see if there is the chemistry to create a successful relationship. Without these face to face meetings, we wouldn’t feel confident to be making an investment decision.
- We need to concentrate on supporting the businesses we already have in our portfolio through the challenges they are facing and will continue to face over the next few months.
- We, and the investors that trust us with their money, need more clarity about the many economic and social impacts of Coronavirus before making any investment decisions.
- It is likely that any business seeking funding also needs to work out what the impact of Coronavirus will be before finalising any investment.
Please leave us your contact details here and we’ll drop you a reminder when we re-open in September. We look forward to reviewing your entry then.
Until then, please stay healthy and best wishes for growing your business.
Hayley, Paul & Matthew