Terms and Conditions

MKIG Limited (t/a The Milton Keynes Investors Group).
Company Number: 12601648.

Registered Address: Bell House, First Floor, Seebeck Place, Knowlhill, Central Milton Keynes, Milton Keynes MK5 8FR.

MKIG Limited provides a range of support services to startups and scaleup businesses. This includes, but is not limited to;

  1. Fundraising Support in the form of private pitch events, open networking events and introducing companies to self-certified and sophisticated angel investors, and venture capital organisations with the intention of raising investment;

  2. Startup Clinics which provide startups with the opportunity to seek our advice in free 30 minute sessions;

  3. Fractional CFO Support which provides companies with a freelance Chief Financial Officer who can assist with financial tasks such as building revenue models, cash flow forecasting, setting up financial management processes, investment documentation preparation, general bookkeeping, payroll and preparing monthly management accounts. This service will be performed under a separate contractor agreement, to be entered into between MKIG Limited and the company receiving the services, prior to any services being provided.

  4. Deck Roasters which involves reviewing and evaluating investment pitch documents such as pitch decks, financial statements and exit plans. This also includes fundraising strategy reviews and practice pitch sessions. This service is conducted under the brand name ‘Deck Roasters’ and has its own website www.deckroasters.com which is also accessible via www.themkig.com .

  5. Additional Services. From time-to time, we may also provide additional services such as administering grant funding or running different types of events. Separate terms and conditions will apply to those who make use of these services, if required.

Individual terms and conditions (the ”Terms”) for each service (where required) can be found below. By attending and participating with MKIG Limited’s services, you confirm that you accept the following terms and conditions and that you agree to comply with them. Please read these Terms carefully before attending any events or engaging with any services we offer. If you do not agree to these Terms, you must not engage with our services. We recommend that once you have agreed to these Terms, you retain a copy of them for future reference.

Fundraising Support

There are separate terms and conditions for startups and investors Please refer to the section that applies to you.

Terms and Conditions for startups who attend our events and/or take part in pitch opportunities

If you are invited to take part in a private pitch event, whereby you will pitch your business to investors for the purpose of raising investment, you will be provided with a separate agreement to sign prior to attending the event.

If you are attending an open networking event (the ”Networking Event”), these Terms apply to you.

Purpose of the Networking Events and MKIG’s Involvement

  1. MKIG acts solely to provide events for start-up companies that are seeking investment and would like the opportunity to pitch their business ideas to potential investors. The purpose of the Networking Events is therefore to introduce the Company to potential investors (the “Investors”).

Suitability of the Investor, Warranties and Liability

  1. MKIG does not carry out any due diligence, investigation or checks of any nature in respect of any Investor, including but not limited to background checks, financial or regulatory checks (including but not limited to checks carried out pursuant to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, the Terrorism Act 2000 and The Proceeds of Crime Act 2002), general checks as to the qualifications, skills, reputation or experience of the Investors or checks as to the overall suitability of making an investment in the Company (the “Investment”) for any of the Investors.

  2. This communication and any other communication by MKIG regarding the Networking Event should not be considered as a recommendation by MKIG of any of the Investors, and recipients interested in receiving investment from the Investors are recommended to seek their own independent financial, legal and other advice. Nothing in this communication or any other communication by MKIG regarding the meeting constitutes investment, tax or legal advice. You must rely on your own examination of the legal, taxation, financial and other consequences of an Investment, including the merits and the risks involved.

  3. MKIG gives no warranty as to the background, financial standing, regulatory compliance, qualifications, skills, reputation or experience of the Investor or the overall suitability of the Investor for the Investment and/or Company.

  4. MKIG does not represent, warrant or undertake to find a suitable (or any) Investor and/or investment for the Company.

  5. MKIG cannot guarantee the number of Investors who will attend Networking Events and MKIG will not in any way be liable to you should no Investors attend the Networking Events.

  6. The Company acknowledges that it is the Company’s sole responsibility to carry out its own due diligence in respect of the Investor and the Company must satisfy itself as to the background, financial standing, regulatory compliance, qualifications, skills, reputation and experience of the Investor and the overall suitability of the Investor for the Investment and/or Company.

  7. MKIG shall not under any circumstances be liable to the Company for any direct and/or indirect costs, expenses, losses, damages, legal costs, damage to reputation, loss of profits, failure, error, omission, and/or any other matter of any nature (including but not limited to those which are attributable to and/or caused by the Investor in respect of the Investment). This shall not apply to personal injury or death caused by the negligence or deliberate default of MKIG.

Financial Services and Markets Act 2000

  1. MKIG is not authorised or regulated by the Financial Conduct Authority.

  2. MKIG will only provide a forum, by providing the Networking Events, for the Company to be introduced to potential investors. MKIG will not provide any other service to the Investor or the Company including, but not limited to, any service that is designed to facilitate the making of or arrangements for investments in the Company.

  3. For the avoidance of doubt, MKIG will not and this Agreement does not require MKIG to carry on any activity that would cause MKIG to be or become at any time in breach of the general prohibition (the “General Prohibition”) set out in section 19 of the Financial Services and Markets Act 2000 (“FSMA”) and MKIG is entitled, at its sole discretion, to refuse to act on any instruction or perform any activity that might cause it to breach the General Prohibition.

  4. MKIG has not endorsed, has not authorised and accepts no responsibility for any information that is passed between the Company and the Investors at or following the Networking Events. The Company and the Investors are solely responsible for any information passing between the Company and the Investor, including, but not limited to whether it has been approved by an authorised person or is an exempt communication as defined in the handbook of principles, rules and guidance issued by the Financial Conduct Authority and updated from time to time.

  5. Although MKIG has made reasonable endeavours to only invite Investors that fall into one of the categories at (a) to (c) below to the Networking Event, MKIG does not guarantee and accepts no responsibility whatsoever that all of the Investors at the Networking Events will fall into the following categories:

    a. a “certified high net worth individual” within the meaning of article 48 of the Financial Services and Markets Act 2000 (Financial Promotions) Order 2005 (“FPO”);

    b. “high net worth companies, unincorporated associations etc” within the meaning of article 49 of the FPO;

    c. a “self certified sophisticated investor” within the mean of article 50A of the FPO.20.

  6. MKIG accepts no responsibility for the Investors that attend the Networking Events. The Company will be solely responsible for and will take all steps necessary to ensure that any communication to an Investor that is a financial promotion as defined in the FCA Handbook has been approved by an authorised person or is exempt from the general restriction in section 21 of FSMA on the communication of invitations or inducements to engage in investment activity.

Terms and Conditions for investors who attend our events or receive investment opportunities via MKIG Limited

We refer to the private pitch events and networking events that you have expressed an interest in attending (the ”Meetings”) to be hosted (in person or virtually) by MKIG Limited (company number 12601648) t/a Milton Keynes Investors Group (”MKIG”), in which start-up companies will meet you and potentially deliver presentations and pitches (the ”Pitches”), with the intention of raising investment funds from investors such as yourself.

By subscribing online, attending and participating in the Meetings, you confirm that you accept the following terms and conditions (the ”Terms”) and that you agree to comply with them. Please read these Terms carefully before attending any Meetings or engaging with the process. If you do not agree to these Terms, you must not attend the Meetings. We recommend that once you have agreed to these Terms, you retain a copy of the signed Terms for future reference. If you attend Meetings but have not signed these Terms you will be deemed to have agreed to these Terms.

Purpose of the Meetings and MKIG’s Involvement

  1. MKIG acts solely to provide events for start-up companies that are seeking investment and therefore would like the opportunity to pitch their business ideas to potential investors, such as you. The purpose of the Meetings is therefore to introduce you to start-up companies seeking investment into their business (the ”Investees”) and to provide a forum in which the Investees can present Pitches to potential investors. You must inform us of any investments that you make into Investee companies following an introduction to the Investee by MKIG.

Suitability of the Investee, Warranties and Liability

  1. MKIG does not carry out any due diligence, investigation or checks of any nature in respect of the Investee, including but not limited to background checks, financial or regulatory checks (including but not limited to checks carried out pursuant to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, the Terrorism Act 2000 and The Proceeds of Crime Act 2002), checks as to the viability of the Investee’s business and/or business plan, general checks as to the qualifications, skills, reputation or experience of the Investee or checks as to the overall suitability for you of an investment (the ”Investment”) in an Investee.

  2. This communication and any other communication by MKIG regarding the Meeting should not be considered as a recommendation by MKIG to invest in any of the Investees, and recipients interested in investing in any of the Investees are recommended to seek their own independent financial, legal and other advice. Nothing in this communication or any other communication by MKIG regarding the meeting constitutes investment, tax or legal advice. You must rely on your own examination of the legal, taxation, financial and other consequences of an Investment, including the merits of investing and the risks involved.

  3. MKIG gives no warranty as to the background, financial standing, regulatory compliance, viability of business and/or business plan, qualifications, skills, reputation or experience of the Investee or the overall suitability of the Investee as an investment.

  4. MKIG does not represent, warrant or undertake to find a suitable Investee and/or Investment for you.

  5. You acknowledge that it is your sole responsibility to carry out your own due diligence in respect of the Investee and you must satisfy yourself as to the background, financial standing, regulatory compliance, viability of business/business plan, qualifications, skills, reputation and experience of the Investee and the overall suitability of the Investee as an investment for you.

  6. MKIG shall not under any circumstances be liable to you for any direct and/or indirect costs, expenses, losses, damages, legal costs, damage to reputation, loss of profits, failure, error, omission, and/or any other matter of any nature (including but not limited to those which are attributable to and/or caused by the Investee in respect of the Investment). This shall not apply to personal injury or death caused by the negligence or deliberate default of MKIG.

Confidentiality

  1. In the course of preparing for and attending the Meetings, observing the Pitches and deciding whether to make an Investment, it may be necessary to inform you, your representatives or advisers (orally, in writing or by electronic transmission) of information concerning MKIG’s business or the business of any potential Investees. In consideration of the provision of such information you undertake to MKIG that:

    a. you and your representatives and advisers agree to keep strictly confidential any confidential or proprietary information that they, or any one of them, may acquire or be informed of during the course of you or their dealings with MKIG or through seeing any of MKIG / the Investee’s materials, documents, equipment, products, processes and the like;

    b. information required to be kept confidential shall not be used by you or your representatives or advisers in any way whatsoever, except as may be necessary to facilitate you preparing for and attending the Meetings, observing the Pitches and deciding whether to make an Investment;

    c. such information shall not be disclosed by you or your representatives or advisers to any other third party without MKIG’s prior written consent; and

    d. you will and you will procure that your representatives or advisers whenever requested by MKIG will delete or destroy or return to MKIG any information disclosed by MKIG and any copies of it in whatever form.

  2. These obligations do not apply to any of the information which has become or becomes public knowledge through no fault of you or your representatives or advisers.

  3. The obligations in paragraph 8 shall apply for the period of 6 years following disclosure of confidential or proprietary information protected by paragraph 8.

Financial Services and Markets Act 2000

  1. MKIG is not authorised or regulated by the Financial Conduct Authority.

  2. MKIG will only provide a forum, by providing the Meeting, for the Company to be introduced to potential investors. MKIG will not provide any other service to the Investor or the Company including, but not limited to, any service that is designed to facilitate the making of or arrangements for investments in the Company.

  3. For the avoidance of doubt, MKIG will not and this Agreement does not require MKIG to carry on any activity that would cause MKIG to be or become at any time in breach of the general prohibition (the ”General Prohibition”) set out in section 19 of the Financial Services and Markets Act 2000 (”FSMA”) and MKIG is entitled, at its sole discretion, to refuse to act on any instruction or perform any activity that might cause it to breach the General Prohibition.

  4. MKIG has not endorsed, has not authorised and accepts no responsibility for any information that is passed between you and an Investee at or following the Meeting. You and Investees are solely responsible for the information passing between you and the Investee, including, but not limited to whether it has been approved by an authorised person or is an exempt communication as defined in the handbook of principles, rules and guidance issued by the Financial Conduct Authority and updated from time to time.

  5. You should only attend the meeting if you have satisfied yourself that you meet one of the following categories of investor: a. a “certified high net worth individual” within the meaning of article 48 of the Financial Services and Markets Act 2000 (Financial Promotions) Order 2005 (“FPO”); b. “high net worth companies, unincorporated associations etc” within the meaning of article 49 of the FPO; c. a “certified sophisticated investor” within the meaning of article 50 of the FPO; d. a self-certified sophisticated investor within the mean of article 50A of the FPO.

Startup Clinics

  1. We refer to the free 1-2-1 sessions that startups (the ‘Company’) can book with the directors of MKIG to seek general advice on starting and running a company, and raising funding.

  2. We provide this advice based on our own experience of starting and running high-growth technology startups. We will only provide informal advice based on our own experiences, and do not provide any guarantees that it is accurate or complete.

  3. MKIG is not qualified to provide professional advice such as legal advice, accountancy advice or regulatory advice. Therefore, all advice is given only as informal advice, and is not intended to replace professional advice.

  4. The Company is urged to conduct their own independent research before acting on any advice given by MKIG. Additionally, this service is free to access, and therefore, MKIG does not provide any financial or other recourse in the event you are dissatisfied with the service you receive.

  5. MKIG shall not under any circumstances be liable to the Company for any direct and/or indirect costs, expenses, losses, damages, legal costs, damage to reputation, loss of profits, failure, error, omission, and/or any other matter of any nature. This shall not apply to personal injury or death caused by the negligence or deliberate default of MKIG.

Deck Roasters

This agreement will govern how we will work with you. We, MKIG Limited will be referred to as “MKIG”, “We”, “Us”, throughout the agreement. You will be referred to as the “Company”. “Deck Roasters” will be referred to as the “Service”.

  1. We refer to the Service you can book and pay for, under the name ‘Deck Roasters’ and available via www.deckroasters.com which is also accessible via www.themkig.com .

  2. This Service provides feedback and direction to startups on their pitch deck, pitching technique and fundraising strategy.

  3. The Company agrees that the Service is provided based on our own experiences starting and running high-growth tech businesses. The results of the Service and any direction should be taken as suggestions only. It remains the Company’s responsibility to decide whether to act on the suggestions given, and the Company is legally and financially responsible for any occurrence resulting from implementing the suggestions.

  4. MKIG is not authorised or regulated by the Financial Conduct Authority and is not qualified or permitted to provide professional advice such as legal, accountancy, tax or regulatory advice. Therefore, all direction is given only as informal direction and is not intended to replace professional advice.

  5. You are urged to conduct your own independent research before acting on any advice given by MKIG.

  6. Using the Deck Roasters Service does not mean you will be selected to pitch at MKIG Meetings.

  7. We do not endorse any company that has used Deck Roasters or MKIG services, and you are not permitted to claim that Deck Roasters or MKIG endorses or promotes your business for any purpose.

  8. MKIG shall not under any circumstances be liable to the Company for any direct and/or indirect costs, expenses, losses, damages, legal costs, damage to reputation, loss of profits, failure, error, omission, and/or any other matter of any nature above or beyond the amount you paid for the Service. This shall not apply to personal injury or death caused by the negligence or deliberate default of MKIG.

  9. MKIG will be an independent contractor, and nothing in this agreement shall make us an employee, worker, agent or partner of the Company.

  10. In the event you are dissatisfied with the Deck Roasters Service you have received, please email info@themkig.com , and we will endeavor to rectify the issue. We does not provide any financial or other recourse in the event you are dissatisfied with the service you receive, above or beyond the fee you paid for the Service.

General

  1. Clause and paragraph headings shall not affect the interpretation of these Terms.

  2. Unless the context otherwise requires, words in the singular shall include the plural and in the plural shall include the singular.

  3. A reference to a statute or statutory provision shall include all subordinate legislation made from time to time under that statute or statutory provision.

  4. These Terms and any dispute or claim arising out of or in connection with them shall be governed by the English law and subject to the exclusive jurisdiction of the courts of England.