1Cohort proof Sept–Oct 26
10–20 companies driven end-to-end through the live pipeline.
Every score traceable to a live source, clickable by any investor.
2Automated refresh Oct–Nov 26
Ratings re-check themselves on schedule: the step from directory to live rating service.
3Full coverage Nov 26–Jan 27
Pipeline pointed at the remaining ~330 rated companies; QA backlog worked down.
4Methodology v2.0 Q1 27
Finalised on the strength of full-coverage data; already specified.
5Public launch Q1 27
Into a market where EmpCo enforcement is live and self-made badges are unlawful.
£10,000 invested 45% taxpayer 40% taxpayer
Income tax relief (50%) £5,000 £5,000
Net cost of investment £5,000 £5,000
Loss relief if total failure £2,250 £2,000
Maximum capital at risk £2,750 (27.5%) £3,000 (30%)
3 x exit after 3 yrs: CGT payable £0 £0
3 x exit: return on
net cost
6.0x 6.0x

Personal SEIS calculator in development: every investor sees their own numbers.