raising funding

Curve smashes crowdfunding target on CrowdCube

Amazing result from the guys at Curve in raising their target £1m fund-raise in FOUR MINUTES (!) and hitting £6m within five hours…

Seriously!?! A truly phenomenal result for the team there and, to be fair, it’s a great product (as I’ve already got a card myself and love it!).

Anyhow, most startups are not going to see these sorts of results and we shouldn’t lose sight of how far along these guys were already in their growth plans. See the video for more.

Using SEIS / EIS to boost funding

For most UK startup founders, they shouldn’t lose sight of the Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS) to help attract and boost funding.

These are attractive tax incentives that benefit the investors directly (in income tax and capital gains tax reliefs) and you as the founder indirectly (as the investors should be more willing to invest in your company).

Unfortunately, the rules around SEIS/EIS can be complex so please reach out for help.

Read more from Curve:
https://discover.curve.app/a/fintech-curve-smashes-crowdfunding-target

Link to Crowdcube fundraising page:
https://www.crowdcube.com/companies/curve/pitches/Z1n3gb

What is SEIS?

SEIS: Startup term I wish I understood but was afraid to ask!

Here is a brief overview of the Seed Enterprise Investment Scheme from a company founder’s perspective.

Armed with more knowledge about this fantastic UK tax incentive aimed at start ups and early stage growth companies, hopefully we can get more impetus behind this government scheme and more backing for promising new companies.

If you need any specific advice, please contact me.

Or try our SEIS DIY Kit.

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