Sirius Programme - Launch your company in the UK

Post on 08-May-2015

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The UK is one of the top places in the world to become an entrepreneur and UK Trade & Investment, a government department, is running a competition to win places on the Sirius Programme. The Sirius Programme is one of the most comprehensive start-up support packages offered globally, and the best in Europe.

Transcript of Sirius Programme - Launch your company in the UK

Ease of doing business

Market opportunity

Ecosystem

The factors behind UK success – and the outcome

Number of startups created in 2013: total >500k (source: StartupBritain)

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8 Great Technologies

If you want to access this unique ecosystem, and join thousands of entrepreneurs and innovators who succeeded in this country..

..then the Sirius Programme is your main gateway to the UK

The UK ambition

What is Sirius?

Your journey during & after 12 months

A wealth of opportunities for funding, networking, growing your

customer base, hiring talents, receiving further mentoring and

support…This is what the UK ecosystem is all about

Benefits

£12,000 financial contribution per person No equity taken

Access to an accelerator programme

Mentoring

Support to gain clients and funding

Logistical help in relocating to the UK

Visa endorsement (Grad. Entr. Visa)

Who can apply?

Recent graduates (post 2012)

>= BA/BSc level, Masters or Research degree

From around the globe + int’l graduates in the UK + British graduates

Talented and motivated individuals…

…with entrepreneurial spirit and innovative ideas

All sectors and disciplines (with a special focus on 8 Great Technologies)

Requirements

Full time commitment to your venture

Full transfer of Intellectual Property to the UK legal entity

Creation of a UK-based HQ

Commitment to the UK business for the long term

All team members to relocate to the UK

Commitment to the accelerator assigned

Number of team members: min 2, max 3

Only one team member can be graduated before 2012

Only one team member can be a UK national

All members to be shareholders/directors of the company (no employees)

All team members to be graduates (Bachelor level or higher)

Your Journey – Application If successful

If successful

If successful

If successful

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13 Presentation title - edit in the Master slide

Your journey

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Birmingham: 21% UK’s games workforce, Human Interface Tech Lab, Serious Games Inst, Digital Central, Science Park Without Walls, Creative England Investment Fund

Not Only London: Growth in the rest of the UK

Newcastle :, International Centre for Life, Inst of Human Genetics, Northern Design Centre, Thinking Digital, Sunderland Software City, Baltic Business Quarter

Glasgow: Digital Health Institute, U.Edinburgh-Informatics, Digital Enterprise Glasgow, Creative Clyde, Scottish Edge

• Tech City has emerged as a natural cluster of innovation & growth

• Growing cluster of >1300 tech, digital, creative companies in East London

• Major companies: Google, Intel, Cisco, Vodafone, Amazon, Microsoft …

• A magnet for entrepreneurs, corporates, venture capital and talent

Our first winners

Sirius Talent

Iconic UK businesses created by immigrant entrepreneurs

1 2 3 4

6 7 85

1 2 3 4

6

7

85

UK Tax Incentives

Corporation tax decreasing from 23% to 20% (April 2015)

R&D Tax Credits - for each £1 spent on R&D (technology development) an SME can deduct £2.25 against its tax liability (£1.30 for larger companies)

Patent Box - new tax relief scheme for patents filed in the UK - any profit derived from these patents will be taxed at 10% rather than the current level of 24%

Enterprise Investment Schemes (SEIS & EIS) & Venture Capital Trusts - a range of tax relief schemes for investors in early stage businesses

Regional growth funds - available for companies that are setting up in the regions (outside London)

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The Angel Market• UK BAs invest £850m-£1bn

• UK # of BAs: ~18,000

• Avg. deal value: £40k / Avg. deal size: £450k

• VC Investment :£350m (BVCA stats 2013)

• EIS/SEIS schemes drive investment

Source: UKBAA

Register online:www.siriusprogramme.c

om

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Any Questions

ContactAlessio Bortone - Talent Scout EMEA & LATAM

Twitter: @alessiobortoneEmail: info@siriusprogramme.com

UKTI is a government department with offices in all major countries around the world.

UKTI has an extensive network of experienced sector consultants who can provide market information, location guidance and practical help getting your UK operation up and running.