Hi everybody,
I am currently on graduate entrepreneur visa and applying for entrepreneur visa.
I have raised £190k from third-party (angel investors) in seed round. I closed the round last month(April) and the money is in my UK business bank account.
Now that I am applying for entrepreneur visa, I see there are 2 categories given in guidance document:-
1) Previous funding - Money already invested in UK business(Guidance document - Page 27): The money has already gone into the company's bank account, so is the money considered already invested ?
2) Fresh investment - money available must be in a regulated financial institution(Guidance document - Page 31): Since the money is in business bank account(and I am the director of this business) and it is available to invest in the business. So, would it be considered as money available ?
I am confused that which category do we come under. Can somebody please suggest ?
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