Got a start-up business to shout about? We want to hear from you...
Welcome to the home of the UK’s largest seed funding competition, The Start-Up Series. It’s a unique competition created to discover and invest £300,000 per month to the UK’s brightest entrepreneurs with the smartest ideas.
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 a £150,000 equity investment?
Every month, 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 investment promoters Worth Capital, the series of monthly competitions throws the doors wide open for companies to submit their applications during a two-week window every month. From there, businesses will be assessed through multiple stages and ultimately two winners each month will be offered investment at a fair valuation in exchange for an equity stake in their businesses (subject to due diligence carried out by the Fund Manager).
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.
In eight to 10 weeks after submitting an application, the first competition winner will be chosen and just a few weeks later, subject to passing due diligence, the cash will be in the bank. Each month we’ll announcing the winners right here on Startups.co.uk.
But it’s not just about the money. Securing investment is as much about the expertise that comes with the money. 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
Paul Soanes and Matthew Cushen are experienced entrepreneurs and angel investors. They have a track record of picking winners and sharing advice and experience valued by growing 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. They have since selected 12 start-ups from the first year of The Start-Up Series who have gone on secured a combined £1.5m investment. 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.