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Setting the bar for starting a company

12/6/2011

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A week ago I visited the TechCity in East London to have a tour and meeting with people from the UK Trade and Investment department. My guides were incredibly nice showing me around and I had a great time. They answered all of my questions, even the not so bright ones. After seeing the incubator where DJ Hero was developed (I was actually in their old office) and a good walk about Shortditch, we parted ways. The next day I was signed up for a mentoring program about access to finance  and being put in touch with adviser and contacts all over the UK who can help me move things along. 

The biggest piece of information I received is that to qualify for an entrepreneurial visa for me to stay in the UK, I need to raise £50,000 of investment. Of course I knew that I would need money but having been given a minimum goal to reach has compelled me further to structure my work and take this all the more seriously. Its scary and exciting all at the same time. We'll keep the project rolling as January and the mentoring session fast approaches. In the mean time I'll be looking into options in Cambridge and Silicon Valley and see where we go.
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    I am a producer, and fledgling entrepreneur.

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