Nicola Horlick to ask investors for £10 for start-up

Investors who can claim Seed Enterprise Investment Scheme (SEIS) tax relief worth up to 78pc, will be able to invest as little as £10 in the funds. Seedrs, which holds shares in a nominee structure, is fully authorised by the Financial Conduct Authority.

“I was delighted to be able to offer the opportunity for crowd investors to participate in this business, and very pleased with how well the initial raise of seed capital on Seedrs went last year,” Ms Horlick said.

“Seedrs’s professional approach and nominee structure were essential, giving me the structure I needed to grow this business and my investors the important protections and guaranteed levels of post-investment service and support that they deserve.”

Returning to Seedrs for this next round of funding really was a no-brainer and I look forward to welcoming more investors from across the UK and Europe as they join the Glentham Capital project.”

Ms Horlick made her name in the Nineties by turning around blueblood institution Mercury Asset Management and later in a very public and bitter falling out with the management at Morgan Grenfell. She later established SG Asset Management, a UK offshoot of Societe Generale.

She also attracted headlines for the wrong reasons when her Bramdean Alternatives portfolio was found to have invested nearly £21m with American fraudster Bernie Madoff.

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