The British Private Equity & Venture Capital Association (BVCA) is the UK's private equity and venture capital industry's trade organisation and public policy champion. They have represented the investment industry in the UK for more than 30 years, providing authoritative research and analysis, exclusive publications, expert training, topical conferences, and best practise standards.
This shareholders and subscription agreement has been drafted by BVCA for signature as a contract under hand which means it is executed by one person who can be authorised by the company's directors. This sort of agreement can avoid the execution formalities that are usually required for deeds. This agreement has been revised and re-launched by BVCA following a review involving their Venture Capital and Legal committees.
Articles of association are a multi-page document which outline agreed rules and restrictions relating to the way a company is governed, operated, and owned. Use this particular model from the BVCA if you would like to form an article to set out a company’s constitution and to govern the internal management of
company’s affairs. Note: These articles are subject to the requirements of the Companies Act 2006.
This model term sheet for Series A round has been drafted by BVCA for companies anticipating a significant investment made either in part or whole by fund investors.
The term sheet, for early stage venture capital investment, has been revised and re-launched by BVCA following a review involving their Venture Capital and Legal committees. The aim is to provide industry-standard legal documentation to allow entrepreneurs and investors to save time and money when negotiating a deal.