We have developed a due diligence process to assist companies, located anywhere in Australia, in the assessment process for Early Stage Innovation Company status. This relates to determining whether the company passes two of the three tests, namely “Early Stage Test”, “Gateway Test” and the “Principles Based Test”.
We have developed a business process to assist companies that are interested in raising capital as Crowd Sourced Funding Companies. This will include a full awareness program on the requirements of the legislation, relative to the preparation of a Crowd Sourced Funding Offer Document and ensuring that the company directors are fully aware of the duties, responsibilities and powers of the Crowd Sourced Funding Intermediary appointed by the company directors.
Towers Business Development can assist businesses wanting to grow by offering a range of services from coaching and mentoring to managerial and financial development of your business, through to applying for government grants (if required and if you’re eligible) to assist your business to be “investment ready” so that you could obtain capital (to assist in growing your business) from investors, business angels, friends, customers, business associates and venture capitalists. We assist businesses to determine eligibility for the Early Stage Innovation Company status by undertaking a due diligence assessment review and to prepare a file of supporting information for submission to potential investors and ultimately the Australian Taxation Office. We assist companies to determine whether they comply with the eligibility requirements to be classified as a Crowd Sourced Funding Company and thus eligible to raise up to $5m per annum (if required) from the public.