Can you kindly share some of the ways other than patents to prove this as I could not find an explanation of this on TN website? I believe you might have known some other methods people have used in successful applications.
Tech Nation gave different examples for showing innovation.
Examples of relevant evidence include:
- Evidence of innovation/product development, proof of product in market and associated traction through revenue.
- Evidence for each business should include your last set of audited accounts, projections for current financial year and articles of association.
- Evidence of domestic and/or international sales should show customer numbers for each country in which the company is operating, including a ranking of your distribution channels with a breakdown of when these sales were achieved for each channel (i.e. online, physical retail, 3rd party distributors, resellers etc.).
- Evidence of employment contract with salary information including any bonus and equity options and history of earnings.
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Please confirm this is for MC1
it’s is for OC1, proof of innovation
A new startup that is less than a new year. There is no audited account, only projections for current financial year and articles of association and registration certificate are available. Do you think this would be accepted?
What is the last set of audited accounts for company? We’ll get it from bank, or it is tax document ?