The opportunities published on our website are only intended to be viewed by self-certified high net worth or sophisticated investors.

Investing in early-stage businesses is itself a risky business. There is a good chance that you could lose all or some of the money that you invest. You should therefore not invest more money than you can afford to lose without your quality of life being impaired as a result.

You should therefore consider the following key risks before making any investment in an early-stage business:

Due to the risks of investing in early-stage businesses, you should consider diversifying your investment portfolio – spreading your money across multiple investments, including safer investments, to reduce your overall risk of incurring losses.

There is no guarantee that dividends will be paid at any time. It is rare for early-stage businesses to pay dividends as they tend to make heavy losses and reinvest any profits for growth. Any dividends will be subject to tax based on your income tax band, subject to any allowances.

The value of investments may be reduced where the inflation rate exceeds the investment rate of return.

The value of investments and any income from them can go down as well as up. There is a chance that you could lose all the money you have invested. Past performance should never be used as a guide to future performance.

Shares and other securities in a private limited company are not freely marketable, with the only market for a company’s shares generally being its own shareholders. You may therefore have to wait some time before an exit occurs and you can realise your investment. Transfers of shares and other securities may be subject to restrictions in an investee’s constitutional documents or agreements between investors.

Shares and other securities in a private limited company are not freely marketable, with the only market for a company’s some opportunities published by us may be expressed to be eligible for tax relief under the Government’s Enterprise Incentive Scheme (EIS) or Seed Enterprise Investment Scheme (SEIS). However, both investees and investors must meet certain eligibility requirements for these tax reliefs to be available both at the time of investment and over a specified period. Professional advice should be obtained where obtaining these reliefs is central to your decision to make an investment.

Investments in SEIS or EIS-eligible companies should be viewed as risky long-term investments.

HMRC may withdraw an investee’s qualifying status for SEIS or EIS at any time and any tax reliefs given may have to be repaid if an investment does not comply with the relevant regulations.

For further information, we recommend that you consider members of the UK Business Angels Association which publishes a range of materials relating to angel investment.

Ethical Equity is a member of the UK Business Angels Association.