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.
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?
@yorex Congratulations! Really happy for you and well deserved.
What is the last set of audited accounts for company? We’ll get it from bank, or it is tax document ?