I am delighted to announce the launching of Seedcamp, an idea of my friend Saul Klein, that I think is great. Seedcamp will take place in London in September of this year and the proposal is to turn it into an annual event for young entrepreneurs in the technological world in Europe, Middle East, Latin America and Africa. The idea is to dedicate one week of work to find the most innovative and aggressive entrepreneurs to help them get venture capital and first rate connections to develop their projects.
From all signed-up entrepreneurs, 20 will be chosen to participate in the event. And at the end of the week, 5 of them will be offered an investment of €50K , which will be considered equivalent to a 10% of the company. Entrepreneurs who accept this offer will move to London for three weeks to prepare the start up of their project assisted by Seedcamp’s network of mentors. All young entrepreneurs presenting an innovative idea and the wish to develop it can, right now, sign up online!