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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)
4
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 8
5
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)
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
Register online:
www.siriusprogramme.com
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.
Sirius Programme - Launch your company in the UK

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Sirius Programme - Launch your company in the UK

  • 1.
  • 2.
  • 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
  • 12. 12 Presentation title - edit in the Master slide
  • 13. 13 Presentation title - edit in the Master slide Your journey
  • 14.
  • 15.
  • 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
  • 20. Iconic UK businesses created by immigrant entrepreneurs 1 2 3 4 6 7 8 5
  • 21. 1 2 3 4 6 7 85
  • 22.
  • 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.

Editor's Notes

  1. 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
  2. Why the UK for entrepreneurs? Use data and figures from Startup Britain & other sources
  3. Talk about the 8 Great technologies, their context in the Industrial Strategy, the Innovation is Great Campaign
  4. Cambia colore
  5. Access to UK ecosystem --> main point
  6. Who is the sirius programme for? / success criteria
  7. 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
  8. Cambia colore e formato if successful
  9. 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
  10. 1 Tesco 2 Ribena 3 Easyjet 4 Cobra 5 Selfridges 6 M&S 7 Schroders 8 WPP
  11. Sirius in the media
  12. Combine in one shot UK ecosystem