We all need the peace of mind that our children are in safe hands when out of our sight.
- 1. Invest in Your Future by Safeguarding Theirs Seed Stage Investment Pack for Friends & Family INVESTMENT GUIDE2018
- 2. introduction Despite rigorous legislation and high-profile case history, there are still too many poorly checked or un-vetted individuals working and volunteering with children and vulnerable adults. Sex crimes committed by adults in positions of trust have increased by more than 80 per cent since 2014, according to official figures released by NSPCC in November 2017. We all need the peace of mind that our children are in safe hands when out of our sight. We need to trust that whoever is teaching, coaching or caring for them are checked, safe and ready to do so. Safeguard-Me provides that assurance by offering a complete digital vetting solution for every individual and organisation working with children and vulnerable adults. Sex crimes committed by adults in positions of trust have increased by more than 80 per cent since 2014, according to official figures released by NSPCC in November 2017. Safeguard-Me Investment Guide 2018 2014 2017
- 3. We are seeking £150k investment (minimum £1,500) in exchange for 10% equity. Your investment will be used to further develop and launch the application. As an early stage investor in our company, you will benefit from the UK government's Seed Enterprise Investment Scheme (SEIS) offering significant tax breaks of up to 50% on your investment. Our growth forecast for the next five years is to reach £6m sales income per annum. Our exit strategy is to be acquired by a large software vendor after five years e.g. Capita, Sage, HP-Education. Based on this strategy and a valuation of £9m in 2022, we are predicting a 6x return on your investment. Safeguard-Me Investment Guide 2018 20 second investment overview
- 4. Problem The Bichard inquiry (2004), published following the Soham murders, recommended that 'those who wish to work with children should be registered…. supported by a card/licence.' To date no such card/license exists and no records are digitised; everything is paper based. With over a million individuals employed in schools alone and a further 1.3 million working with children/ vulnerable adults for the NHS, the task of ensuring personnel are safe to work has become unmanageable. In addition, there are approaching 5 million (McKinsey 2017) self-employed professionals from Football Coaches to Uber drivers working in the so called 'gig' economy, who have no recognised mechanism for assuring their end users that they are checked, safe and ready to work. Safeguard-Me Investment Guide 2018 "It is vital that schools and colleges create a culture of safe recruitment and, as part of that, adopt recruitment procedures that help deter, reject or identify people who might abuse children." Keeping Children Safe in Education - Department for Education, 2016
- 5. solution Safeguard-Me is a secure web application which allows essential vetting information including identity, criminal records and UK right to work checks, to be easily recorded, updated and maintained. An individual’s data is collated from multiple sources, in a unique digital record, creating a real-time overview of their safeguarding status and suitability to work with children or vulnerable adults. In short, Safeguard-Me creates the license recommended by Lord Bichard; we call this the Safeguard–Me Passport. Following initial demonstrations of the application we have received overwhelming support from Liverpool City Council, Herts County Council, NSPCC and the Off-Side Trust. Accepted Queried Declined Pending About-Me Personal information Forename(s) John Status Surname Smith Status Date of birth 30/06/1989 Status Position Support Staff Status Passport information Passport No. (PRN) Pending Status Created by Admin Status Completed on 08/01/2018 Status Updated on 24/01/2018 Status Updated by Admin Status Personal information Forename(s) Verified Status Surname Verified Status Date of birth Verified Status Position Verified Status Passport information Passport No. (PRN) Verified Status Created by Verified Status Completed on Verified Status Updated on Verified Status Updated by Verified Status Vetting-Me Open Verifying-Me Safeguard-Me Investment Guide 2018
- 6. the team Jon has over 20 years’experience in Education, in the main recruiting teachers and support staff for over 800 schools across the UK and four continents worldwide. A qualified teacher, Jon has taught in schools and was a project lead for a Local Authority and is now Recruitment Director of Futureactive, which was established in 2005. Futureactive specialise in the safe recruitment of temporary PE teachers and Sports Coaches to work in schools across the UK. It is whilst in this role that Jon recognised the need for a standardised, transparent vetting application and the concept of Safeguard-Me was developed. Safeguard-Me Investment Guide 2018 Jon Pettit Chief Executive Officer
- 7. David has over 20 years’experience working in Management Consulting and Programme Delivery. David has led Digital Transformation Programmes in Health, BioScience and Media industries with leading consultancies including Channel3, Block and Populo. David is Director of Toller Consulting and is the Project Lead for Safeguard-Me. Safeguard-Me Investment Guide 2018 the team David Atkins Chief Operating Officer
- 8. Ricci Hammond has over 20 years’experience in software and web development. Ricci started his career at Glaxo Smith Kline before moving into Lead DevOps roles specialising in Unified Comms and messaging applications. Ricci is the Lead Developer for Safeguard-Me. Safeguard-Me Investment Guide 2018 the team Ricci Hammond Chief Technology Officer
- 9. As a safeguarding and compliance officer, Leah has vetted 100s of teachers and education professionals, ensuring they are checked, safe and ready to work with children. With in-depth knowledge of the Department for Education’s, Keeping Children Safe in Education legislation, Leah ensures our safeguarding policies and procedures are current and robust. Safeguard-Me Investment Guide 2018 the team Leah Rogers Compliance Officer
- 10. A highly experienced teacher and member of her school’s leadership team, Aysha has been Safeguarding Lead and Designated Senior Person (safeguarding) in her current role for a number of years. Trained in Safer Recruitment she ensures her school adheres to best practice guidelines through the correct completion and reporting of the Single Central Record. She is also an experienced club welfare officer having undertaken the role for a local swimming and netball club, working to ASA (Amateur Swimming Association) and AENA (All England Netball Association) safeguarding guidelines in addition to being a certified DBS verifier. Safeguard-Me Investment Guide 2018 the team Aysha Pettit Safeguarding Lead
- 11. Commercial Model Institutional Usage (B2B) • Monthly subscriptions start at £25. This allows an organisation to create, store and update 50 passports. • Organisations with more than 50 staff will pay a simple tariff of 50p per passport per month. • 12 month minimum term Individual Usage (B2C) • Targeted at individual users e.g. Sports Coaches, Music Teachers and Taxi Drivers • Single User subscription based on £5/month • 12 month minimum term Safeguard-Me Investment Guide 2018
- 12. growth projections Safeguard-Me Investment Guide 2018 2018 2019 2020 2021 2022 £4,000,000 £7,000,000 £3,000,000 £6,000,000 £2,000,000 £5,000,000 £1,000,000 AnnualRevenueTotals Year 2018 2019 2020 2021 2022 Sales Income £91,500 £679,700 £1,726,800 £3,658,500 £6,112,500 Business Costs £150,000 £325,000 £660,000 £970,000 £1,550,000 Profit (EBITDA) -£58,500 £354,700 £1,066,800 £2,688,500 £4,562,500
- 13. What do we need? We are seeking £150,000 initial investment. Investment breakdown • Internal Development Costs - £50,000 • Marketing Costs - £35,000 • External App Development Costs - £35,000 • External Consultancy Costs - £15,000 • Hosting and Hardware - £15,000 Funding Requirements • We are seeking an initial investment of £150,000 in exchange for 10% Equity in the company • Forecast Year 2 turnover - £680,000 • Forecast Year 3 turnover - £1,727,000 • Forecast Year 5 turnover - £6,113,000 • Our exit strategy is to sell Safeguard-Me in year 5 (2022) • Based on a 2022 valuation of £9m we are offering a 6x return upon exit for this stage of investment Safeguard-Me Investment Guide 2018
- 14. The Seed Enterprise Investment Scheme (SEIS) We have a certificate of assurance from HMRC stating that investments in Safeguard-Me are eligible for the Seed Enterprise Investment Scheme ('SEIS') SEIS is a UK Government scheme designed to help small, early-stage companies to raise equity finance by offering a range of tax reliefs to individual investors who purchase new shares in those companies. To say that the Seed Enterprise Investment Scheme, or SEIS, is incredibly generous is somewhat of an understatement. Of course we all hope our investments do well, but if you pay tax at 45% and make an investment of £10,000 that fails completely, you only lose £2,750 due to the tax relief. Safeguard-Me Investment Guide 2018
- 15. Next Steps and Call to Arms We are planning to go live for investment in March 2018 Please register your interest in investing at www.safeguard-me.co.uk/invest Or get in touch at hello@safeguard-me.co.uk We will keep you informed on progress via email updates. Safeguard-Me Investment Guide 2018