Cocoon is teaming up with YingDe Group to foster a China-UK investment programme helping UK SMEs to obtain funding and assisting Chinese investors in obtaining a Tier 1 Entrepreneur visa.
Currently, 5 million GBP are available from the YingDe SME Fund via the UK government-backed Tier 1 Entrepreneur visa scheme. The scheme invests in outstanding UK SMEs in our Cocoon network.
Cocoon will form a training programme to introduce the workings of this scheme and offer support and guidance for SMEs seeking investment. During the training programme, which will take the form of workshops, each participating company will receive mentoring support from a qualified Ying De Group investment consultant on the following:
1. How to write a business plan/investment proposal
2. What to include in a 5-year projection
3. How to present your financials in a positive way to attract investors
4. Experience shared by companies who successfully entered the scheme
5. Chinese Culture immersion session
We encourage companies who meet the following criteria to register with us for the programme:
1. Minimum of 2 years’ trading history with full accounts showing healthy financials (i.e. profitable or on track to achieving profitability).
2. Looking for £200,000-1,000,000 to boost their UK growth plans, including plans of creating employment over the next two years.
3. Plans to spend the investment in the UK within 3 years.
4. Desire to collaborate with a Chinese investor and expand the markets in both China and the UK.
The investment activities are supported by Ying De Group, who has an over 50% market share in China for the Tier 1 Entrepreneur visa scheme, and a 80% success rate in the UK Home Office applications. To date, Ying De Group has facilitated the injection of £40 million Chinese funding into 200 businesses in the UK. Due to the collaboration/investment model, there will be a 5-10% arrangement fee if the investment is successful.
HOW TO APPLY?
Please provide a response no longer than two pages of A4 in length detailing the eligibility to the stated criteria and a short summary of your business to firstname.lastname@example.org and state ‘Tier 1 Investment Scheme’ in the title.