Starting a business these days can be heart wrecking, especially if you do not have access to the required financing. Many people with great business ideas are unable to bring that idea to light because they do not have the financial wherewithal to do that. If you find yourself in this situation, your case is not completely hopeless. There is still something you can do about the satiation. Do you reside in the UK and you are looking for financial assistance that can help you to start your business successfully? Then you should get in touch with RLC Ventures and the outlet will be most willing to assist you. The outlet had been able to help several business organizations in times past and you too can benefit from the services offered here. All you need to do is to apply to this outlet for Seed Funding UK and they will be most willing to assist you.
While this outlet can be trusted for business financing, there are certain things that you are expected to bear in mind before you can get the highly desired financial assistance for business from this outlet.
The required criteria
Before you can benefit from the finances offered to entrepreneurs by RLC Ventures, the amount you want to raise for the business must not be up to £2m. The outlet will provide the backing you need at the pre-seed and seed stages of your business. As a result of this, it may be too late to get any fund larger than this amount. Before you can get Seed Funding UK from this outlet, your business must have its headquarters in the UK. This is because RLC Ventures work though Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS). So, your company must be incorporated in the UK before you can get from this outlet. You also stand a better chance if your company has an MVP or an existing commercial traction.
Other requirements you must meet up with before you can enjoy the services offered at this outlet are highlighted below:
- Your business must be focused on changing the world in the areas of Work, Play and Finance
- Your business idea must also be software-enabled. This means that RLC Ventures does not invest in Life Science or Hardware-related business ideas.
- You must also show signs that you are committed to making the project work.
Hitch-free access to funding
You will not have to go through a lot of stress at all before you can access funding offered by RLC Ventures. The company only needs to meet with you to know about what you are proposing. They will then do their due diligence to determine the viability of the business. You can even apply for funding on this outlet directly on the website.