Vote for Push Doctor to become Growth Champion of the Year 2018

Vote for Push Doctor to become Growth Champion of the Year 2018

  • Our portfolio company, Push Doctor, is competing among nine remarkable SMEs over Growth Champion of the Year title at the fourth annual Growth Investor Awards 2018. The category is sponsored by Smith & Williamson.
  • Public vote kicks off on Monday September 17 at midday. You can vote for Push Doctor until Monday October 1.
  • Visit growthinvestorawards.com/finalists for a full list of all finalist and information how to attend the event.

Push Doctor has outpaced an impressive number of entrants and secured a highly coveted spot on the shortlist for the Growth Champion of the Year award at the Growth Investor Awards 2018. The category is sponsored by Smith & Williamson.

The Growth Champion of the Year award recognises scale-up businesses and their founders or CEOs. The competition is open to any UK-based scale-up with a turnover of £3m+ in the last financial year that has best used alternative investment to grow.

The Growth Champion of the Year will be determined by collating judges’ scores and the results of the public vote, which will make up for 20% of the final score.

With a record number of finalists this year, the competition is going to be extremely tight, so every vote matters. You can express your support for Push Doctor by voting on this page growthinvestorawards.com/vote

The public vote will remain open from September 17 till October 1.

Push Doctor will compete in the Growth Champion of the Year category alongside eight other outstanding finalists.

The winner will be announced at an exclusive black-tie awards dinner for 450 guest on Wednesday November 7 at the Royal Lancaster Hotel in London.

Launched in 2015, the Growth Investor Awards celebrate companies and individuals involved in putting investment to work in high-potential businesses. The awards honour those providing or helping to source investment and leading players that are helping to optimise growth capital for scaling UK companies.

Information about previous award winners, judges and selection criteria for each award can be found at growthinvestorawards.com.

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Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be high risk.

What are the key risks?

  1. You could lose all the money you invest
    1. If the business you invest in fails, you are likely to lose 100% of the money you invested. Most start-up businesses fail.
  2. You are unlikely to be protected if something goes wrong
    1. Protection from the Financial Services Compensation Scheme (FSCS), in relation to claims against failed regulated firms, does not cover poor investment performance. Try the FSCS investment protection checker here.
    2. Protection from the Financial Ombudsman Service (FOS) does not cover poor investment performance. If you have a complaint against an FCA-regulated firm, FOS may be able to consider it. Learn more about FOS protection here.
  3. You won’t get your money back quickly
    1. Even if the business you invest in is successful, it may take several years to get your money back. You are unlikely to be able to sell your investment early.
    2. The most likely way to get your money back is if the business is bought by another business or lists its shares on an exchange such as the London Stock Exchange. These events are not common.
    3. If you are investing in a start-up business, you should not expect to get your money back through dividends. Start-up businesses rarely pay these.
  4. Don’t put all your eggs in one basket
    1. Putting all your money into a single business or type of investment for example, is risky. Spreading your money across different investments makes you less dependent on any one to do well.
    2. A good rule of thumb is not to invest more than 10% of your money in high-risk investments. https://www.fca.org.uk/investsmart/5-questions-ask-you-invest
  5. The value of your investment can be reduced
    1. The percentage of the business that you own will decrease if the business issues more shares. This could mean that the value of your investment reduces, depending on how much the business grows. Most start-up businesses issue multiple rounds of shares.
    2. These new shares could have additional rights that your shares don’t have, such as the right to receive a fixed dividend, which could further reduce your chances of getting a return on your investment.

 

If you are interested in learning more about how to protect yourself, visit the FCA’s website here.