For R8ER-registered entrepreneurs, our team of experts will provide valuable insights to ensure the best possible chance of securing investment. Once finalized, your company's profile will be directly available to R8ER investors for the period of one full year.
As part of your initial application, we will require a two minute video, which will provide an elevator pitch for your company. This should include an introduction to your business model, how it stands to benefit healthcare and how an investment will support its success.
In addition, you will be provided with a "Step-by-Step" guide for how to submit your documentation before being reviewed by our R8ERs. Our application is designed to be short and succinct. Please refer to the FAQ section for further information.
To submit your documentation, you need to pay an Application Fee of £2,500 (VAT Exempt), which pays the 10 experts to provide the assessment and for you to receive your R8ER Feedback Report. Click here to see some of our R8ERs. This is not a performance metric, rather an assessment of your readiness for fundraising currently and some entrepreneurs choose to undergo our evaluation as an internal improvement tool, without being put in front of investors. Companies will then be provided with a full year of direct exposure to the R8ER investment community, who will be free to contact you directly. The majority of our investors are in the UK, with more countries to be added soon. If you raise investment from one of the investors on the platform, you will be charged a cash commission fee of 3.6% (VAT exempt) based on the investment.
In addition, on 25th April 2024 we will be hosting our first major event called 100x2 in London, bringing together 100 R8ER start-ups (UK+EU) and 100 investors. A series of smaller satellite events will also be held the same week, each with 10 start-ups and 10 investors, showcasing the top 10 start-ups in AI, female founders, overall and others. Our events always have a ratio of 1:1 start-ups and investors. From the 27th February 2024, the first 100 start-ups to submit their documentation for evaluation will receive an invitation to the event and satellite events if applicable. All documentation must be submitted by 25th March 2024 to be eligible. Though we do provide some limited sponsorships of Application fees (join the sponsorship waitlist when you Sign-Up), only companies who pay the Application Fee directly will be guaranteed a spot.
Negotiations take place directly between investors and entrepreneurs, without the involvement of R8ER.
Firstly, congratulations! As a successfully funded business, R8ER will remain on hand to help promote your ongoing successes, while potentially helping to raise further rounds of funding in the future.