Ventures investment process
Stage 1: Submit your application
Once we’ve received your application, we’ll email you within 15 working days to let you know the outcome of our review.
If your application meets our investment criteria, we may ask you to provide us with further information and/or a business plan. After we review this, we’ll decide whether we need to organise a meeting with you.
Stage 2: Assessing your proposal
Stage two will take place over several meetings and will involve:
- analysing any additional information;
- discussing the terms of any potential investment;
- consulting with other potential investors and shareholders.
You may ask you to present your business to members of our Ventures team at NESTA’s main office.
Stage 3: Initial due diligence and approval process
A team of experts will confirm the accuracy of the information you supply us with. We’ll then write an investment case and present it to our Investment Committee for approval.
If the investment is approved, we’ll send you an offer letter – subject to contract – outlining the proposed terms of our investment. If you accept our offer, you must agree a period of exclusivity so that we can complete our investment.
Stage 4: Final due diligence and legal contracts
The investment will be complete when you sign all of the necessary contracts. We sometimes offer a convertible loan structure; this will be discussed and agreed upon in earlier stages, if your company is eligible.