What is a certified HNWI and a certified sophisticated investor?
There is a regulatory framework for angel investing that both protects the Angel and the entrepreneurs.
Before receiving business plans or beginning to make angel investments, you should ensure that you are self-certified as either a High Net Worth Individual or a Sophisticated Investor, as defined under the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005.
A certified high net worth individual
You confirm that you either:
- have an annual income in excess of £100K or
- have net assets in excess of £250K beyond your pension fund assets and your private residence
Download and complete the High Net Worth Individual Investor Statement
A certified sophisticated investor
You confirm one of the following:
- You have been a director of a company turning over at least £1 million within the last two years
- You have been a member of a network or syndicate of business angels for at least six months
- You have made two or more investments in an unlisted company in the last two years
- You have worked in the past two years in a professional capacity in the private equity sector or in the provision of finance for small and medium enterprises
Download and complete the Self-certified Sophisticated Investor Statement