How will The Start-Up Series application process work?
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Applications open on Startups.co.uk.
Enter your email address on The Start-Up Series portal to receive a simple online application form hosted by Worth Capital focused on the idea and the entrepreneur.
‘Qualifiers’ shortlisted by Worth Capital.
Qualifying entrants briefed for detailed business plan.
Details include business commercials, forecasts and management team profiles.
Qualifiers submit business plan questions via The Start-Up Series online portal.
(Week one of next application process will begin at this stage).
Entrepreneurs interviewed by Worth Capital via a telephone call.
This interview will stress test the business plan and assess the credibility of the team. 6-8 finalists will be identified by Worth Capital.
Half day ‘deep dive’ with each finalist in person.
This will be a minimum four hours per finalist, exploring the market, proposition, strategy, plans and credibility of the team, plus signing potential terms of the business.
One winner chosen by Worth Capital.
The winner will be informed but the announcement will not be made public.
Final due diligence carried out by the fund manager
Week 12 onwards:
Winners announced on Startups.co.uk and investment made.