UK registered company: registered office in the UK
Raising £50k - £500k: in return for equity
SEIS/EIS eligible: UK based angels will want to have companies to be advance assured by HMRC
Most sectors considered: Science and technology innovation-based businesses preferred. Certain sectors like arms & weapons, fossil fuel exploration and tobacco will not be considered.
Strong management team: track record in company-specific industry or new venture development
Highly attractive market: large and growing accessible market
Funds used for growth: must show how funds will be used to increase the company’s value
High growth potential: opportunity to scale business rapidly, both within the UK and internationally
Sustainable competitive advantage: idea is better, cheaper or faster than competition
Attractive financial return: meet expectation of >10X within 5-7 years
Evidence of customer traction: venture is revenue generating or close to generating revenues
Clear exit in medium term: typically via trade sale or IPO
We have more information on how an investment is made in the funding process section.
If you feel you meet the above investment criteria, and you would like to apply to Henley Business Angels for funding, we welcome your application.