HNW individual: Annual Income in excess of £100,000 p/a; or; net assets (excluding pension/primary residence) of £250,000. Sophisticated investor:
You have been a director of a company turning over at least £1,000,000 within the last two years. You have made more than one investment in an unlisted company in the last two years. You have been a member of a network or syndicate of business angels for at least six months. You have worked in the past two years in a professional capacity in the private equity sector or in the provision of finance for small and medium enterprises.