This is now an online event. We will make the Zoom link available to people who RSVP
Want to become an Angel Investor?
Or meet like-minded Angel Investors, develop your investing knowledge and get opportunities to support exciting young companies?
Then please come along to our Angel Investor Meetup with Paul Atkinson of Par Equity on Thursday 24th March at 6:00pm in the offices of Cazenove Capital in Edinburgh.
POSSIBLE BENEFITS TO BECOMING AN ANGEL INVESTOR:
Do something more exciting with your money
Partner with Entrepreneurs who can change the world
Benefit from Income Tax Relief and CGT Exemption
Possibly, maybe get a better return from your assets
Your Capital Will be at Risk!
AGENDA:
6:00pm – 9:00 PM Virtual Event on Zoom
WHO IS THIS EVENT FOR?
This event is for Aspiring and Self Certified Angel Investors / High Net Worth Individuals – people who want to help make Scotland the most entrepreneurial country in the world.
ABOUT OUR GUEST SPEAKER – Paul Atkinson
Paul is a professional investor, venture capitalist and board advisor with a substantial track record of creating value for companies in the technology and services sector and taking them to a successful exit.
Paul had started three previous businesses: Head Resourcing, which was founded in 2001 (2017 turnover – £65 million); Direct Resources, which was acquired by NASDAQ listed iGate Corporation in 1999; and RecruitmentScotland.com, which was acquired by another NASDAQ listed business, TMP Worldwide, in 2000.
Photo of Paul Atkinson Founding Partner at Par Equity
He has founded, invested in, and advised businesses within, Technology, Business and IT Services, achieving successful exits for more than 20 businesses.
He is a founding partner of the investment business, Par Equity, which provides EIS investment opportunities in the technology space as well as managing investment funds in residential property and forestry. Since its launch in 2008, Par Equity has invested more than £150m in companies, with numerous realisations to its credit, including winning the best UK exit award in 2018 for Glasgow based ICS Learn.
Alongside his Par Equity interests, Paul is also Chairman of the global recruitment business, Taranata Group as well as being a visiting Professor of Edinburgh Napier University’s business school.
You can find out more about Par Equity here www.parequity.com
ARE YOU AN ENTREPRENEUR/ADVISER?
We do allow a small number of Entrepreneurs and Advisers to attend this event. We also offer support for those who want to pitch for investment.
WOULD YOU LIKE TO PITCH AT THIS EVENT?
We offer the following support for those who want to pitch for investment:
A presentation template that enables you to get an Angel Investors attention and a meeting afterwards
30 minutes coaching session to ensure you make the most of your opportunity
A 15-minute Pitch and Q&A opportunity at The Angel Investor Meetup
A 30-minute de-brief/coaching session afterwards to guide your next steps
ABOUT OUR SPONSORS Scholes Chartered Accountants
Scholes CA are providing the food and drink at our Angel Investor Meetups.
BUT
Angel Investing can be very rewarding, exciting and great fun but you should be aware of the risks and challenges in trying to do it on your own.
Here is a thought provoking article for you to read. observer.com
Burning money
JOIN OUR MEETUP GROUP
Our monthly events are intended to create an open an inclusive community of ambitious individuals who want to make a difference, have fun and make money through Angel Investing.
If you are an Angel Investor already or are interested in becoming one, please join our group the Angel Investor Meetup by clicking here www.meetup.com
ABOUT THE ORGANISERS
The Angel Investor Meetup – Edinburgh was CoFounded in February 2018 by James Shoemark, Michael Clouser and Jane Darkes.
James Shoemark is a serial entrepreneur and the CoFounder/CEO and Director at the The Startup Race Ltd which is a radical new approach to identifying the top performing startup teams.
Michael Clouser is the Cofounder/CSO and Director of The Startup Race. He is a former venture capitalist in the US and has a large network within the US and UK Investor community. Michael also led the Edinburgh-Stanford Link and co-founded the Edinburgh Entrepreneurship Club (E-Club). He earned advanced degrees from Cornell University (Hotel School and Johnson School) and the University of Edinburgh (Business School) and is a professor and serial entrepreneur in the technology and education spaces.
Jane Darkes has over 18 years professional experience in both B2B and B2C marketing on both client and agency side.
You can find out how The Startup Race helps Entrepreneurs become market and investor ready here thestartuprace.com
CONTACTING YOU POST EVENT
By agreeing to attend an event, we reserve the right to contact you post event. If you do not wish to be contacted, please let us know.
LEGAL NOTES
Please be aware that any investment opportunity that may become available through the Angel Investor Meetup group or The Startup Race Ltd is only suitable for accredited investors who are familiar with and willing to accept the high risk associated with private investments. Any investor who intends to take up any investment opportunity must be an accredited, qualified or sophisticated investor according to local or national regulations that apply.
There will be no investigation to the accuracy of any information or terms provided by any companies seeking investment. and there may well be errors in the information provided so we strongly suggest that you seek legal advice prior to commencement of any potential transaction. All information provided by the Angel Investor Meetup group or The Startup Race Ltd is strictly for informational purposed only and does not constitute business, financial, investment, hedging, trading, legal, regulatory, tax or accounting advice or services. The Angel Investor Meetup group or The Startup Race Ltd are not a registered brokers or dealers or any other regulated entity. The Angel Investor Meetup group or The Startup Race Ltd do not sell or offer to sell any securities and no information provided by the Angel Investor Meetup group or The Startup Race Ltd is intended to constitute or to be interpreted as any such offer. Any investor requesting to contact a company through the Angel Investor Meetup group or The Startup Race Ltd does so at his/her own risk and is solely responsible for conducting any legal, accounting or due diligence review.
The Angel Investor Meetup and The Startup Race Ltd is not regulated by the FCA, does not give financial advice and does not propose financial investments. Our mission is to run events and services to inform, inspire and provide opportunities for appropriate partners to meet.
Warning – Financial Services and Markets Act 2000
The information is directed only at persons who have valid certification that they are ‘High Net Worth Individuals’, or ‘Sophisticated Investors’ as defined by the Financial Services & Markets Act 2000, or are non-UK residents (in which case they must act in conformity with any relevant laws in their country of residence).
Investment in new business carries high risks as well as the possibility of high rewards. Its highly speculative & potential investors should be aware that no established market exists for the trading of shares in private companies. Before investing in a project about which information is given, potential investors are strongly advised to take advice from a person authorised under the Financial Services and Markets Act 2000 (FSMA) who specialises in advising on investments of this kind. Angel Investment Network Ltd cannot advise on the merits or risks of investment and is not authorised to arrange transactions or circulate offer documents under the Financial Services & Markets Act 2000.
The information has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000. Reliance on such promotion for the purpose of engaging in any investment activity may expose an individual to a significant risk of losing all of the property or other assets invested.
Self-Certification as a High Net Worth or Sophisticated Investor: Financial Services and Markets Act 2000 (Financial Promotion and Promotion of Collective Investment Schemes) (Miscellaneous Amendments) Order 2005
In terms of the Financial Services and Markets Act 2000 (“FSMA”) and the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (“FSMAO”), individuals seeking to make angel investments in SMEs are required to provide evidence that they are either a “certified high net worth individual”, “self-certified sophisticated investor” or a “certified sophisticated investor”. If you are in either of these categories then you are exempt from the provisions of the FSMA.
To satisfy the requirements of the FSMA you must satisfy one of the following three options:
1. Certified High Net Worth Individual
I confirm that I am a certified high net worth individual for the purposes of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005.
I understand that this means:- (a) I can receive financial promotions that may not have been approved by a person authorised by the Financial Services Authority; (b) the content of such financial promotions may not conform to rules issued by the Financial Services Authority; (c) by signing this statement I may lose significant rights; (d) I may have no right to complain to either of the following: (i) the Financial Services Authority; or (ii) the Financial Ombudsman Scheme; and (e) I may have no right to seek compensation from the Financial Services Compensation Scheme.
I am a certified high net worth individual because at least one of the following applies:-
(a) I had, during the financial year immediately preceding the date below, an annual income to the value of : £100,000 or more; or (b) I held, throughout the financial year immediately preceding the date below, net assets to the value of : £250,000 or more.
“net assets” for these purposes do not include:- (i) the property which is my primary residence or any loan secured on that residence; (ii) any rights of mine under a qualifying contract of insurance within the meaning of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001; or (iii) any benefits (in the form of pensions or otherwise) which are payable on the termination of my service or on my death or retirement and to which I am (or my dependants are), or may be, entitled.
I accept that I can lose my property and other assets from making investment decisions based on financial promotions.
I am aware that it is open to me to seek advice from someone who specialises in advising on investments.
Or:
2. Statement for Self-Certified Sophisticated Investor
I confirm that I am a self-certified sophisticated investor for the purposes of the Financial Services and Markets Act (Financial Promotion) Order 2005.
I understand that this means: (a) I can receive financial promotions that may not have been approved by a person authorised by the Financial Services Authority; (b) the content of such financial promotions may not conform to rules issued by the Financial Services Authority; (c) by signing this statement I may lose significant rights; (d) I may have no right to complain to either of the following:- (i) the Financial Services Authority; or (ii) the Financial Ombudsman Scheme; and (e) I may have no right to seek compensation from the Financial Services Compensation Scheme.
I am a self-certified sophisticated investor because at least one of the following applies:-
(a) I am a member of a network or syndicate of business angels and have been so for at least the last six months prior to the date below; (b) I have made more than one investment in an unlisted company in the two years prior to the date below; (c) I am working, or have worked in the two years prior to the date below, in a professional capacity in the private equity sector, or in the provision of finance for small and medium enterprises; (d) I am currently, or have been in the two years prior to the date below, a director of a company with an annual turnover of at least : £1 million.
I accept that I can lose my property and other assets from making investment decisions based on financial promotions.
I am aware that it is open to me to seek advice from someone who specialises in advising on investments.
Or:
3. Statements for Certified Sophisticated Investor
Part 1 – Statement by the investor:
I confirm that I am able to receive promotions which are exempt from the restrictions on financial promotion in the Financial Services and Markets Act 2000. The exemption relates to certified sophisticated investors and I declare that I qualify as such in relation to investments of the following kind: investments in unquoted private companies and unquoted public companies. I accept that the contents of promotions and other material that I receive may not have been approved by an authorised person and that their content may not therefore be subject to controls which would apply if the promotion were made or approved by an authorised person. I am aware that it is open to me to seek advice from someone who specialises in advising on this kind of investment.
Part 2 – Certification by an Authorised Person advising the investor:
An “authorised person” in terms of the Financial Services and Markets Act 2000 must certify that the person who has signed the above statement (in Part 1) is a “sophisticated investor” in terms of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005.
#Inspiring #Startups, #Entrepreneurs and #Investors in #Edinburgh
thestartuprace.com
Code of Conduct:
thestartuprace.com
More details and tickets: thestartuprace.com
Maybe attending: 1 person.
About League of Entrepreneurs
The League of Entrepreneurs (LoE) is a virtual, global network of technology entrepreneurs that shares and communicates on the Slack platform. We believe in data, metrics, lean methodologies, and scientific, disciplined approach to building new global technology ventures rapidly. Amongst other offerings, we host monthly "Ask Me Anything" sessions with Silicon Valley entrepreneurs and venture capitalists on our Slack channel. We also are building local chapters for face-to-face intervention. Our local chapter in Edinburgh was born from CofoundersLab Scotland, founded and organized by Michael Clouser and James Schoemark. We continue same themes as envisioned by CoFoundersLab for its once-international network of local chapters, including creating a positive, motivating environment where entrepreneurs can find cofounders, in the midst of interactive meetings where entrepreneurs are encouraged to "get up and pitch" and tell us about what they are looking for not only in terms of cofounders, but also in terms of mentors, advisors, investors, and interns. We used a combination of straight presentations and Fireside Chats to engage with our guest entrepreneurs, which have included Rob Jones (formerly of Fanduel), Mike Ramsay (founder of Tivo and Silicon Valley venture capitalist with NEA), and local serial and social impact entrepreneur, Daniel Winterstein. We hold monthly meetings in Edinburgh, and are strong supporters of Global Entrepreneurship Week (GEW), hosting and supporting numerous events in Edinburgh and Glasgow during the month of November. We also throw the annual Startups Christmas party for startup professionals, friends and family in Edinburgh, and invite those from all over Scotland to attend. We are currently growing our global network virtually, as well as seeking partners for local chapters around the world.
