At VN-HPG we anticipate paying for a one-off charge against funds raised, plus a small equity option ‘carry’ for large fundraisers to pay for access to investors. This fee is paid to Intermediaries, IFA’s and Introducers as a single payment for raising the required funds in each HMRC pre-approved SEIS or EIS project SPV.
Annual Administration Costs
We have a fixed cost of £5k pa to cover all administration, accounting, legals, official filing, office accommodation, meeting rooms etc.
No salaries are paid until the project is creating revenue (usually Stage 3).