Millions of current pensioners, and those who qualify before the cut-off date, will continue to receive their entitlement under the current system.

BBC: Flat-rate state pension 'expected to start in 2017'

These intermediaries pay the suppliers immediately and then receive payment from the manufacturers at a later date.

FORBES: Manufacturing Takes Its Time, High A/P Days

To date CoVenture has helped every company in its portfolio receive follow-on funding and receive features in some of the biggest publications in the world.

FORBES: Access to Austin for Young Entrepreneurs