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Invest in the UK Carlos Eduardo Espinal Partner at @Seedcamp

Coming to & Scaling in the UK

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Page 1: Coming to & Scaling in the UK

Invest in the UKCarlos Eduardo EspinalPartner at @Seedcamp

Page 2: Coming to & Scaling in the UK

Who is Seedcamp?

Page 3: Coming to & Scaling in the UK

How did I get here?

Page 4: Coming to & Scaling in the UK

How things have changed (2006-2017)

Page 5: Coming to & Scaling in the UK

Investing in the UK

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A Vibrant Startup Ecosystem

• 12 of the top 22 most prominent VC Investors across Europe according to Business Insider, have London offices

• Tech firms attracted over $800m in venture capital funding in the final half of 2016 alone. Source: London & Partners

• London is home to 70K+ professional software developers > NYC or any other European City. Source: Stack Overflow

• The Entrepreneurs Visa for founders raising 50K or more (from qualified organizations)

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A Supportive Tax Regime

• The UK is a low taxation economy with corporation tax at 20%, the lowest in the G20, and set to be reduced to 17% by 2020.

• The UK also offers tax incentives for R&D and the most flexible labour regulations in Europe. 

• The UK through initiatives like SEIS/EIS and Investors/Entrepreneur's relief, provide further tax incentives for both entrepreneurs and investors

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An Easy Place for Business

• The UK ranks consistently in the top 10 in the world for ease of doing businesses.

• London is Europe’s leading city for patent registrations in a range of industries including healthcare, informatics, wireless technology, video games, communications, multimedia and software. - Source: fDi Intelligence from The Financial Times Ltd based on US Patents and Trademarks Office. 2015

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Working in the UK

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The first things to set up in the UKAccounts (personal & business)

• Monese.com https://www.monese.com/

• Transferwise https://transferwise.com/gb/borderless

• Revolut https://business.revolut.com

Short Term Living - The Collective.co.uk

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Building a Network & Meeting People• Campus London + Ozone Coffee + Shoreditch Grind

• Silicon Drinkabout events

• Don’t Pitch Me Bro events

• meetup.com events

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Building a Team• StackOverflow Jobs

• Workinstartups.com

• Silicon Milk Roundabout

• Hiring/Firing - more flexible than rest of EU.

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Finding Office Space• HubbleHQ.com

• Runway East

• WeWork

• TechHub

• Central Working

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Meeting investors• Focus on introductions from your network

• Techcrunch Disrupt, NOAH Conference

• EU Wide events - NextWeb, Pioneers, Slush, etc

• Runway East / WeWork / Campus Events

Page 15: Coming to & Scaling in the UK

Thank you@cee

Carlos Eduardo Espinal