Waterspring EIS Fund

**The Waterspring Ventures mission is to make Wales the place to start and successfully scale a business in the UK.**

The Waterspring EIS Fund offers investors the opportunity to build stakes in exciting early-stage companies in Wales, whilst benefiting from the generous tax reliefs under the Enterprise Investment Scheme (EIS). We raise £2m per year from a select group of investors who have themselves had a successful career and want to help the next generation of entrepreneurs.

We assess hundreds of companies on our investors’ behalf and select up to three new investments every year. We also lead the negotiation, due diligence and legal processes. After each new investment, we manage the issuing of EIS certifications in order for our investors to claim the relevant tax reliefs with ease.

Each investor will have a portfolio of up to five companies. We aim to return 3-5x capital over 4-7 years.

Download the Waterspring EIS Fund Product Summary

Waterspring EIS Fund Highlights

Invest in Wales’ future

Support promising Welsh businesses and entrepreneurs

Returns

Target returns of 3-5x in 4-7 years

EIS tax reliefs

Benefit from a range of potential tax reliefs such as 30% income tax relief and CGT Deferral

Diversified portfolio

Build a portfolio of between three and five companies operating in different industries

Together stronger

Invest as a group to benefit from attractive terms and investor protections

Why invest with us

Multi-exit track record

We’re a team of experienced value creators with an enviable track record. We’ve achieved exits in excess of £300m and advise on over £200m worth of transactions each year.
Connected

We develop strategic relationships with local accelerators, angel investors, corporate advisors, non-executive directors, universities and co-working spaces. As such we have access to a wide range of deal flow and assess a large volume of proposals.
Better value and protection

In return for Waterspring investing larger sums of capital than individual angels, we are able to negotiate more attractive terms and gain access to the most sought-after companies. Furthermore, we can demand stronger investor protections, board representation and consent right matters.

How to invest

1

Register on the Waterspring Investor Platform

Follow the instructions to create an account and download the full suite of Waterspring Investor Documentation.

2

Read the Information Memorandum

The Information Memorandum and the Key Information Document have all the required information for you to make an investment decision. They spell out the opportunity, our investment strategy, the potential risks involved as well as the costs.

3

Make an investment

Sign into the Waterspring Investor Portal. Click “Make a new investment” at the top of the portal homepage and complete the application process. Once completed, there is a 24 hour cooling off period (for regulatory reasons) before being able to transfer funds.

4

After 24 hours…

You will receive an email prompting you to finish the process. Return to the Waterspring Investor Portal and follow the instructions to receive our custodian’s bank details and transfer funds. You will receive an email confirming receipt.

5

Monitor your investment

From the outset you will be able to monitor every aspect of your investment via the Waterspring Investor Portal. You will find relevant investor updates, valuation reports and EIS3 certificates required to claim any relevant tax relief.

6

Make a new investment into future Waterspring Funds

We invest on an ongoing basis. Every year you will have the opportunity to contribute further to our mission of supporting the best companies in and coming to Wales by investing in the latest tranche of the Waterspring EIS Fund. You will be able to invest at your convenience via the Waterspring Investor Portal.