Sirius Programme - Launch your company in the UK
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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
12 Presentation title - edit in the Master slide
13 Presentation title - edit in the Master slide
Your journey
16 Presentation title - edit in the Master slide
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: [email protected]
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.