Skip to the main content.

Manage your portfolio with ease and evaluate potential investments.

The platform is fully synced with Companies House, to provide you with accurate, real-time insight.

Request a demo

manage iconManage

Add your investments for complete visibility of your shareholdings. View cap tables and detailed share movements.

organise iconOrganise

Organise investments by fund, geography or sector, and view your portfolio as a whole or by individual company.

scenario iconModel

Explore future value scenarios based on various growth trajectories, to figure out potential payouts.

streamline iconStreamline

Remove friction and save time. Action shareholder resolutions via DocuSign, access data rooms, and get updates from founders.

SPVs iconSPVs

Set up and manage new SPVs without leaving the platform, then invite co-investors to fund and participate.

capterra rating
The Joy of Enterprise Management Incentives
Read our free guide to the UK's most tax-efficient share scheme.
Get the guide

2 min read

How to get SEIS funding for your startup

How to get SEIS funding for your startup
How to get SEIS funding for your startup

Last updated: 23 April 2024.

Are you looking for a cash injection for your startup? The Seed Enterprise Investment Scheme (SEIS) could be for you. 

What is SEIS? 

SEIS is a government-backed initiative that encourages investment in early-stage companies and startups by providing attractive tax reliefs for investors.

Billions of pounds have been raised since SEIS was unveiled in 2012 which has helped countless businesses get the funding they need to grow and develop. 

Who is eligible for SEIS funding?

As of April 2023, to be eligible for SEIS funding your company must: 

  • Be less than three years old
  • Have fewer than 25 full-time employees
  • Have less than £350,000 in gross assets

Of course, there are further conditions your company must meet to be eligible for the scheme, and some trades are excluded. There are also rules for investors to maintain their tax benefits too. 

How do I apply for SEIS funding?

While advance assurance isn’t mandatory, we highly recommend applying for it before selling shares to investors.

Think of advance assurance as your first step to getting SEIS funding for your startup.

Many investors also require advance assurance before parting with their cash, so they know the company they’re backing is eligible and they can claim their tax benefits.

To apply for SEIS/EIS advance assurance, sign up to Vestd. Our guided workflow simplifies the whole process. Or you can apply via HMRC's website.

But before you do that, download our free SEIS/EIS guide. It contains a checklist, the criteria and everything you need to know to increase your chances of a successful application.

If your advance assurance application is successful, you can then apply for SEIS or EIS with complete confidence.

When the time comes, among other things, HMRC will need:

  • Your business plan 
  • Details of any previous investment from venture capital schemes
  • Financial forecasts

Where do I find SEIS investors?

If you're on the hunt for a new investor, check out our top tips for finding SEIS investors. It's worth knowing that, excluding employees, almost anybody can invest under SEIS, including certain family members and even directors (but there are a few rules to follow).

Take your first steps with Vestd

This has been a super quick look at how to get SEIS funding for your startup! Grab your copy of our free SEIS/EIS guide for an in-depth view.

Hop on a free call with an equity specialist to talk about advance assurance and all the other ways Vestd can help set your startup up for success.

Meet with Vestd

SEIS/EIS advance assurance is free for customers on our Guided plan, or £350 + VAT for customers on all our other plans. If you're already a Vestd customer, you can find SEIS/EIS in the app navigation.

Game-changing startups fuelled by SEIS/EIS funding

Game-changing startups fuelled by SEIS/EIS funding

If you’re looking for a way to fund your startup and you’re not sure where to turn, you may want to consider SEIS or EIS funding. In this article,...

Read More
A quick guide to seed funding for startups

A quick guide to seed funding for startups

As a startup founder, you may wonder what seed funding is and how it can benefit your business. This quick read will get you up to speed.

Read More
How to protect EIS eligibility when using Growth Shares

How to protect EIS eligibility when using Growth Shares

Some of our competitors are telling startup founders that Growth Shares and EIS funding cannot co-exist. But that’s a whole bunch of nonsense - with...

Read More