EnviraBoard is only suitable for investors with professional experience and expertise. These include the following categories of investors – high net worth, self-certified sophisticated, accredited investor, advised, professional investors and institutional investors. 

High net worth investors are investors who 1. in the preceding financial year had an annual income to the value of £170,000 or more. Annual income for these purposes does not include money withdrawn from pension savings (except where the withdrawals are used directly for income in retirement) and/or 2. in the financial year immediately preceding, held net assets to the value of £430,000 or more. Net assets for these purposes do not include:

• the property which is my primary residence or any money raised through a loan secured on that property; or
• any rights of mine under a qualifying contract of insurance; or
• any benefits (in the form of pensions or otherwise) which are payable on the termination of my service or on my death or retirement and to which I am (or my dependants are), or may be, entitled; or any withdrawals from my pension savings (except where the withdrawals are used directly for income in retirement).

Self-certified sophisticated investors are investors are investors to whom at least one of the following applies:

• are a member of a network or syndicate of business angels and have been so for at least the last six months prior to the date of categorisation;
• are working, or have worked in the two years prior to the date of categorisation, in a professional capacity in the private equity sector, or in the provision of finance for small and medium enterprises;
• are currently, or have been in the two years prior to the date of categorisation, a director of a company with an annual turnover of at least £1 million.
• are set up as a legal entity and the person/s that will manage the investment on behalf of the legal entity can be categorised as another qualified investor.

Accredited investors are an investor with a special status under financial regulation laws. The definition of an accredited investor (if any), and the consequences of being classified as such, vary between countries. Generally, accredited investors include high-net-worth individuals, banks, financial institutions, and other large corporations, who have access to complex and higher-risk investments such as venture capital, hedge funds, and angel investments.

Professional investors are one of the following:

• an FCA authorised person 
• any other person 1. whose ordinary activities involve them carrying on the controlled activity to which the communication relates for the purpose of a business carried on by them; or 2. who it is reasonable to expect will carry on such activity for the purposes of a business carried on by them
• a government, local authority (whether in the United Kingdom or elsewhere) or an international organisation 
• a person (“A”) who is a director, officer or employee of a person (“B”) and the communication is made to A in  that capacity and where A’s responsibilities when acting in that capacity involve them in the carrying on by B of  controlled activities.

Institutional investors are set up as a legal entity and the person/s that will manage the investment on behalf of the legal entity can be categorised as another qualified investor.