313:VC
313:VC is an initiative by suqya foundation, where philanthropy meets venture capital to create long-lasting impact for people and planet.
Our aim is to grow a sustainable, tax-efficient fund that transforms lives and keeps on giving to charitable causes beyond our lifetime. It’s part of our commitment to bring abundance, and you are invited to join us in our movement of change.
Our mission is to raise an initial £250,000* to start our fund - that’s just 100 incredible individuals committing to contribute £2,500 each. We're not asking for any funds right now though, all we ask is for your commitment.
*£250K is the smallest investment amount our fund manager will accept to manage and process EIS certificates (the documents required to claim tax relief from HMRC) for individual contributors.
Here’s how it works.
We will invest the 313:VC fund into around 20 impactful startups with the potential for substantial, rapid growth.
1
When the fund makes a return, we will use the profits to provide grants to a selection of life-changing projects.
2
The capital is then re-invested, to create an enduring stream of sustainable charitable giving.
3
Why venture philanthropy?
30%
tax rebate
When you contribute to 313:VC, you’ll receive an income tax rebate of between 30% to 50% on your contribution.
High-return,
high-impact
Early investors with diversified portfolios can make spectacular returns of up to 500x, all while making an incredible impact on the world.
We have
strong traction
We have invested alongside some of the best global venture funds, giving us a net IRR of 41% (unrealised) and three successful exits within three years.
