Special event: Patagonia and why it's important; What does the mini-budget mean for UK startups?
Alternative Funding resources & community for purpose led founders
Happy Sunday! I’m Esme, the founder of Considered Capital. This is the 28th issue of The Considered Club. Welcome to the 148 people who signed up this week. The most clicked post from our last issue was the list of 195+ impact investors. If you’ve enjoyed what you’ve read today, like it above and share it with a friend.
Considered Capital events
Today we’re excited to announce our next event ‘Patagonia. Inspiring new models of ownership?’
We’ve invited two brilliant practitioners with extensive experience in ownership models to share their take on Patagonia’s decision and why they think it’s important.
RSVP below to attend on 6 October at 12pm BST.
MONEY
Find grants, upcoming accelerators, pitch competitions & more
Grants & Challenges
Inclusive Innovation Awards 2022/23 | receive a £50,000 grant for the scale-up of existing, or development of new, work on inclusive innovations
Sari Azout | five grants of $2,000 for people to go think about anything they want
Elemental Excelerator Innovation Challenges | access up to $2.5M for funded pilots across three challenge areas
Accelerators
Pioneer Group Scale-Up Programme | a seven-month programme supporting the growth of life-science businesses
Accelerate Cambridge | a three-month programme that combines entrepreneurship training, regular coaching and access to a shared workspace
The London & Partners’ Business Growth Programme | three-month programme for businesses based in London
Subscribe to The Considered Club and get funding opportunities in your inbox every Sunday.
Vyld are crowdfunding
Join Alternative Funding School alumni Vyld for their first crowdfunding campaign and help them develop the world's first tampon made from kelp.
Vyld, a brilliant Steward owned company have already received funding from a bunch impact investors including FemTech, The Case for Her and Purpose Ventures. (we featured their incredible fundraising story in our January issue) Now they are exploring further avenues of alternative funding to get their product to market.
Head over to Startnext to read more
Big news for UK startups
Important news for founders announced this week in the Mini Budget.
From April 2023:
✅ companies will be able to raise up to £250,000 of SEIS investment, a 2/3rds increase
✅ the SEIS gross asset limit will be increased to £350,000 and the age limit to 3 years
✅ the EIS scheme will be extended beyond its current end date of 2025
✅ the investor limit for SEIS will be doubled to £200,000
Read more about all the proposed changes
Top recommended reads
Impact Shakers | announce the raise of their first Microfund, supporting purpose driven enterprises through alternative funding
Purpose Foundation | shares their take on Patagonia and it’s new ownership structure
The Conduit, Upstarts | interviews Emma Shaw of Library of Things on her journey as an impact entrepreneur
That’s it. Thanks for reading!
See you next Sunday.
Esme,
Founder of Considered Capital