The document discusses the Sirius Programme, which provides funding and support for entrepreneurs to relocate to the UK. It offers £12,000 in funding, access to accelerators, mentoring, help finding clients and funding, and visa assistance. Applicants must commit to establishing a UK headquarters and relocating there. Successful applicants will go through an application process and 12-month journey of support to help them start and grow their business in the UK innovation ecosystem.
3. 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)
5. 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
7. 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
8. 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)
9. 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)
10. 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)
11. Your Journey – Application
If successful
If successful
If successful
If successful
16. 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
17. • 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
23. 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)
24. 24
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
26. 26
Any Questions
Contact
Alessio Bortone - Talent Scout EMEA & LATAM
Twitter: @alessiobortone
Email: 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.
Notes de l'éditeur
Additional notes: (numbers correspond to bullets on slide)
1.Budget, March 2012 http://cdn.hm-treasury.gov.uk/budget2012_complete.pdf
2.PM statement, Nov 2011 http://www.number10.gov.uk/news/prime-ministers-speech-on-exporting-and-growth/
3. Lord Green, Exporting for Growth campaign, Nov 2011. http://www.youtube.com/watch?v=6ZHn7ZEWFBg
Autumn Statement, December 2012
Autumn Statement, December 2012
Why the UK for entrepreneurs? Use data and figures from Startup Britain & other sources
Talk about the 8 Great technologies, their context in the Industrial Strategy, the Innovation is Great Campaign
Cambia colore
Access to UK ecosystem --> main point
Who is the sirius programme for? / success criteria
Accelerator per 12 months (“we can’t take part-timers”) (not a subsidiary or a branch) (not just for 12 months) (“no cofounder left behind”) (no individual applicants) style Q&A /checklist
Cambia colore e formato if successful
Quiz /
1 Michael Marks
2 Henry Wellcome - founder of Ribena
3 Johann Stelios – Easyjet
4 Lord Karan Bilimoria – Cobra Beer
5 Jack Cohen
6 Harry Selfridge
7 Johann Henrich Schroder
8 Martin Sorrell