Entrepreneur Team

[hmd]

58.If you have formed an Entrepreneurial Team with another applicant, the documents must
confirm that the funds are available to both team members. Your Entrepreneurial team member
must also qualify to use the same amount of investment if the total amount available to your
entrepreneurial team is £50,000 or more. If the other team member does not also qualify for
this level of investment, the total amount available to the team must be at £200,000 or more.

I have few questions:-
1. Both Applicant should have to be on PSW and need to be in UK???
2. What do they mean by same amount like 50,000 and 50,000 or 25,000 & 25,000
3. Both has to regisered as self-employed/Directors & satisfy the Graduate LEvel Job???

Any thought on this will be highly appreciated

[weikianng]

Yes, both applicants must be on PSW.

The total funds available needs to be at least £50,000.

[NABBZ]

I have few questions:- Regarding Entrepreneur Team memebers and investment

1. How many memebers can be in Entrepreneur 1 Team Max or Min ?
2. We are four brothers and want to apply as a Team (Family Business) ?
3. How much each memeber have to invest if we are four memebers in a Team ?
4. What is 50K and 200k investment ?