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Want to become an Angel Investor or meet like-minded Angel Investors from around the world, develop your investing knowledge and get opportunities to support exciting young companies?
Then please come along to our special Scottish International Week: Angel Investor Meetup with incredible guest speaker - Ian Ritchie CBE on Wednesday 23rd October at 6:00pm in the Institute of Directors, 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
AGENDA:
6:00pm - Arrivals with food and drink
6:30pm - Interview and Q&A with Ian Ritchie
7:15pm - Entrepreneur Pitches
7:45pm - Networking with refreshments
9:00pm - Close
ABOUT OUR GUEST SPEAKER - Ian C Ritchie CBE, FREng, FRSE, FBCS
For the past 30 years, Ian Ritchie has helped to build Edinburgh and Scotland as a centre for innovative high growth technology companies. He has personally invested in over 40 start-ups and served on the boards of Scottish Enterprise, the Scottish Funding Council and as co-chair of the Scottish Science Advisory Board.
Ian is the non-executive Chairman of Tern plc, Computer Applications Service, and Krotos. He was Chairman of iomart Group plc from 2008-2018. He founded OWL in 1984 which pioneered hypertext application development (a forerunner to the world wide web) and sold the company to Panasonic in 1989. Since then he has been involved in over 40 start-up high-tech businesses. He serves on the board of the National Theatre of Scotland and the Scottish Council for Development and Industry (SCDI). He was a board member of Channel 4 TV (2000-2006), deputy Chairman of the Edinburgh International Film Festival (2002-2011), Chairman of Dynamic Earth science centre (2010-2018), Vice President of the Royal Society of Edinburgh (2012-2016) and Honorary Treasurer of the Royal Academy of Engineering (2012-2016). He was awarded a CBE in 2003 for services to Enterprise and Education. He has a degree in Computer Science from Heriot-Watt University (1973) and has been awarded Honorary Doctorates by Robert Gordons, Abertay, Heriot-Watt and Edinburgh Universities. He was widowed in 2001 and has two grown up children.
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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.
We do allow a small number of Entrepreneurs and Advisors to attend this event but please get the right ticket.
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 https://www.meetup.com/Angel-Investor-Meetup
DRESS CODE
Smart casual or a suit is equally fine.
RISKS
Please be aware that with any investments, your capital will be at risk.
RECOMMENDED READING
Have you read 'Angel: How to Invest in Technology Startups' by Jason Calcanis? It makes an inspiring case for Angel Investing.
"One of Silicon Valley’s most successful angel investors shares his rules for investing in startups. There are two ways to make money in startups: create something valuable—or invest in the people that are creating valuable things."
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. http://observer.com/2015/08/why-i-stopped-angel-investing-and-you-should-never-start/
ABOUT OUR SPONSOR
Many thanks to our hosts, the Institute of Directors Scotland, Edinburgh
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 at the The Startup Race Ltd which is a radical new approach to identifying the top performing startup teams.
James Shoemark CEO at The Startup Race
Michael Clouser is a former venture capitalist in the US and has a large network within the US and UK Investor community. Mike was also with the Edinburgh-Stanford Link and co-founded the Edinburgh Entrepreneurship Club (E-Club).
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 https://thestartuprace.com/
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PHOTOGRAPHY AND FILMING AT EVENTS
By attending an event we reserve the right to take photography and video footage at the event. If you don't want to be included in photography please let us know.
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.
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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
Tags
United Kingdom Events
City Of Edinburgh Events
Things To Do In Edinburgh
Edinburgh Networking
Date And Time
Wed, October 23, 2019
6:00 PM – 9:00 PM BST
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Location
Institute Of Directors
10 Charlotte Square
Edinburgh
EH2 4DR
United Kingdom
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Refund Policy
Refunds up to 7 days before event
Eventbrite's fee is nonrefundable.
Organizer Image
OrganizerThe Startup Race
Organizer of Angel Investor Meetup with Ian Ritchie CBE
Organizer Facebook Profile thestartuprace Organizer Twitter Profile @thestartuprace
Our Mission is to Find and Empower Neo’s
Neo from The Matrix
If you’ve not seen The Matrix, Neo’s are people who have a special ability and role to play in making the world a better place.
Specifically, The Startup Race aims to empower entrepreneurs to create a successful startup more quickly and easily wherever they are in the world.
To achieve this mission, The Startup Race motivates the world’s smartest serial entrepreneurs and startup founders to redefine the definitive path to startup success and then it shares this knowledge with normal entrepreneurs and startup founders around the world.
The Origin Story
The Startup Race was born in the autumn of 2015 as a result of a conversation between startup founders based in Edinburgh, Scotland who wanted to gamify the startup process to help themselves and others.
This was because they believed that:
Problem #1 – 95% of Startups fail because Founders spend too much time overbuilding a ‘Solution’ nobody wants.
And
Problem #2 – 95% of Startups fail because too many Founders get investment based on their charisma and story-telling abilities rather than their ability to generate revenue from their customers.
