Nova Growth Capital Limited
Provider Overview
Nova Growth Capital Limited is an Appointed Representative of Sapia Partners LLP, which is authorised and regulated by the Financial Conduct Authority. Nova Growth Capital Limited is the Investment Advisor to the Fund, and was founded with the aim to benefit both the investor and investee by delivering an Applied Venture capital model through its close relationship with its sister company Nova and its Cofoundery model.
Nova believes that we owe it to our entrepreneurs and our investors to create a more rewarding experience; this belief led Nova to develop the Cofoundery business model. The Cofoundery approach to creating new ventures addresses five of what we believe are the most commonly made mistakes by start-ups. By actively managing these risks, Nova believes you can significantly reduce failure rates.
As you would expect, this belief has resulted in a demonstrable increase in the success rate of Nova’s portfolio companies. As of July 2018, Nova’s portfolio of businesses sourced through the Cofoundery model has enjoyed average annual growth in excess of 80% year on year for 10 years.
Now for the first time, as a private investor, you can invest in the Nova Cofoundery SEIS and EIS Fund. In doing so you are investing alongside Nova in our Cofoundery portfolio. Along with the potential to benefit from the many years of operating experience accumulated by the Nova team you can also benefiting from, in our view, a very attractive category of potential tax reliefs available to UK investors.
Each investor’s funds are co-invested alongside Nova into a diversified cohort within Nova’s portfolio of at least ten early-stage knowledge-intensive companies. Nova’s view is that this diversification is large enough to reasonably mitigate the risk of failure across the whole cohort although this cannot be guaranteed.
For further information please visit wearenova.co.uk
