720633KuberViewPlus- Development of PrototypeClosedGRD Development of PrototypeInnovate UKThe availability of risk capital for high potential, young SMEs is crucial in the advancement of future UK based innovation & economic growth. HMRC’s flagship tax incentive investment schemes Enterprise Investment Scheme & Seed EIS (SEIS) have become crucial in the promotion of UK SME funding by providing investment lead tax incentives to High Net worth Individuals (HNIs). EIS/SEIS have seen continued growth in recent years but the extent of this growth has been constrained as Independent Financial Advisors (IFA) have shied away from EIS/SEIS due to: High risk liability; Lower economic incentives; Complex paper based systems; and lack of EIS system knowledge. Constraints have led to the significant under-utilisation of EIS/SEIS by HNIs resulting in missed opportunities for HNI tax breaks, UK SME investment & job creation. Kuber seek to address the market opportunity of reducing costs, time, difficulty & compliance boundaries when investing EIS/SEIS schemes. To date Kuber has developed &launched an alpha prototype of KuberView (KVW) - a novel, web-based (paperless), dedicated EIS/SEIS multi-manager platform which has shown clear potential in addressing cost & time with 122 HNIs, 10 fund managers & 42 IFA firms users. Crucially recent user trials have identified essential end user needs: Investment platform integration: streamline investor process cutting time/cost; ‘DIY’ EIS tools: enabling HNIs with limited EIS knowledge to select/invest by themselves; Compliant/secure document storage - mitigate compliance risk & improving security. Kuber seek to develop a pre-production prototype of KuberViewPlus (KVW+) in order to satisfy user need & address KVW limitations. KVW+ represents a step-change advancement on current EIS/SEIS & KVW processes addressing all current limitations with a number of innovations presenting a number of tech challenges. Once developed KVW+ will be targeted at IFAs & HNIs where costs/time savings are considerable. Market entry 2016.