Will Seedcamp London fund your bright idea?

Written on July 17, 2008 – 9:27 pm
Simone Brummelhuis, writing about women on the web

If you’re running a start-up and haven’t heard of Seedcamp before, you’d better take a minute now to read this article. Seedcamp is a much-applauded week-long program for young entrepreneurs from the Middle East, Africa, and…, Europe. That means you can participate as well. From September 15 through 19, London calls you.

So why should you go? At the end of the week - filled with workshops and presentations-, Seedcamp will invest up to 50K Pounds for a 10 percent stake in each of final five teams and provide ongoing mentorship and support for three months in preparation for the companies’ formal rounds of financing. Last year’s winners included Zemanta, an excellent blog service we use at The Next Web as well.

Seedcamp

CEO and co-founder of Seedcamp is Reshma Sohoni, who used to be a banker at 3i. Her business partner is Saul Klein from Index Ventures. They raised capital from a number of informal investors last year.

As the editor in chief of The Next Women, I’m glad to see that the advisory board has many female internet heroes: Sherry Coutu, an early stage investor, Sara Murray, founder of Buddi.co.uk, Bindi Karia of who runs the UK Startup Accelerator Programme of Microsoft and Lori Vokes, Operation Director of Cisco.

If you feel you’re a bright young mind with a game changing start-up, you have the change to be one of the twenty start-ups to participate in the program. That is, if you make it through the application procedure. Not ready yet to go all the way to Seedcamp? Then try the Seedcamp event brite taster events. Here you may find the right team mates that get you going!

I hope you like that post!

The Next Web Blog covers start-up news from all over the world (not just the Valley), exciting new technologies and inspiring entrepreneurs. If you're new here, you may want to read our 'About' page and subscribe to our RSS feed.

Do you have a start-up that we should write about? Contact us! Thanks for visiting and hope you come back again!

brite taster event, seedcamp, thenextwomen

About the author: Simone worked as a successful lawyer before becoming an entrepreneur by setting up her own B2B publishing company Brummsbooks. Thereafter, as co-owner and managing director of IENS (www.iens.nl), she developed this start-up into the no. 1 user generated content database publisher of restaurant guides in The Netherlands. With the Europeanmuseumguide.com, she intends to do the same. She works with Linde Wolters on a book about Female Internet Heroes and launches www.thenextwomen.com.

Related posts:

Have you applied for Seedcamp yet?

We've blogged about Seedcamp before, the program that aims to provide a catalyst for Europe's next generation of entrepreneurs. Seedcamp's CEO, the charismatic Reshma Sohoni, sent word that the deadline for the applications is rapidly...

Seedcamp winners are announced

This week 22 startups came to London to Seedcamp to get advice of European celebrity web mentors. Seedcamp can be compared to Startup School by Y Combinator. The startups get a crash course in marketing,...

Seedcamp partners with The Next Web

About a week ago, Saul Klein (Index ventures) and Reshma Sohoni (3i) started a new pan European initiative for startups and talented entrepreneurs (read the initial Seedcamp post). At The Next Web 2008 edition we will...

3 comments/trackbacks to “Will Seedcamp London fund your bright idea?”

Jul 29, 2008: Have you applied for Seedcamp yet?
[...] blogged about Seedcamp before, the program that aims to provide a catalyst for Europe’s next generation of entrepreneurs. [...]

By Andraz Tori on Jul 17, 2008

Hi,

Andraz Tori from Zemanta here.

I have to say that going through Seedcamp last year was really amazing experience. You learn so much, and because stakes are so high, you also become so much more productive.

I’d recommend to every entrepreneur to have a go and try to get through. Even getting in final 20 gets you a week of experience that you can’t put a price on.

But the important thing is to keep trying to get through all the time. You might make it through Seedcamp, but if not, you learn something and try somewhere else. It’s a win-win situation.

Andraz Tori, Zemanta

[Reply]
By Michael Orland on Jul 18, 2008

Hi - Michael from Seedcamp.

Just wanted to point out that Seedcamp Week runs through the 19th, not the 18th, and the investment is *up to* €50k, for a small minority stake.

Thanks for spreading the word!

[Reply]

The Next Web