Our Due Diligence Process
At GrowthInvest we offer businesses the ability to select from various levels of due diligence in order to increase their chances of a successful fundraise. This enables investors to feel comfortable with the level of scrutiny a business has received. In addition, the tiers enable advisors and their clients to easily filter and select only those investment propositions that meet their compliance requirements. All businesses have, as a minimum requirement, been risk-assessed by a panel of analysts and have confirmed SEIS/EIS eligibility by HMRC.
For further information or examples of the below Due Diligence tiers please contact a member of the GrowthInvest team.
GROWTHINVEST INCUBATOR – FOC
Once a business has successfully created a profile by answering the business profile and due diligence questionnaires and we at GrowthInvest feel it contains the relevant information we will place the business under the incubator tier.
This allows the business to be visible to investors, however investments cannot be received until a further level of due diligence has been completed.
GROWTHINVEST DUE DILIGENCE – £500
The Bronze tier is designed to confirm HMRC compliance, test the rationale of the business proposition and ensure the creditworthiness of the business and directors. The GrowthInvest analyst will review the business plan and financial projections coming back with his questions and analysis on the business.
This stage of due diligence must be completed for a business to become live on our platform and be ready to receive investments.
ANALYST REPORT – £500 ADDITIONAL (Total £1000)
The Silver tier can be added to the Bronze at any stage in order to make the proposal more appealing to investors. This report is conducted by an independent business analyst and is designed to highlight key characteristics, stress risks within the business model and provide more visibility on the investment profile for the client.
MICAP Report – £1000 ADDITIONAL (Total £1500)
The Gold tier is the MICAP Single Company report which provides an independent review of the efficacy of the investment proposition relative to others in the market. Again this can be added to the Bronze tier in order to gain access to a database of over 10,000 financial intermediaries. MICAP is the UK’s only Whole of Market comparison tool for SEIS, EIS, VCTs and BPR investments.
Through the highest quality research, MICAP aims to provide greater confidence and reassurance to investors and advisors when selecting these investments.