{"id":521224,"date":"2020-03-04T08:16:12","date_gmt":"2020-03-04T08:16:12","guid":{"rendered":"https:\/\/www.maddyness.com\/uk\/?p=521224"},"modified":"2020-03-04T09:47:36","modified_gmt":"2020-03-04T09:47:36","slug":"creator-fund-encourages-students-to-become-founders","status":"publish","type":"post","link":"https:\/\/www.maddyness.com\/uk\/2020\/03\/04\/creator-fund-encourages-students-to-become-founders\/","title":{"rendered":"Creator Fund encourages students to become founders"},"content":{"rendered":"

Creator Fund, the new student-led venture capital fund, has launched today to unearth startup innovation within European universities, starting with the UK. With both financial and strategic support from Founders Factory, Creator Fund uses its network of student VCs in universities to invest in ground-breaking ventures and give the boost they need to visionary student founders.<\/p>\n

Creator Fund<\/a> offers an alternative route to growth for university-based startups. The VC has already established a network of investors made up of the smartest PhD, Masters and undergraduates within 13 UK universities. These investors will identify and finance hidden talent and startup innovation on their campuses, giving up to \u00a330,000 per startup. This is much earlier than other funds and helps exceptional students get ideas off the ground. The belief is that the best person to find and support the most promising student founders is their classmate next to them in the laboratory or classroom.<\/p>\n

The fund is building teams right across the UK, including areas that have often been overlooked by investors. Great universities are spread relatively evenly around Britain, and Creator Fund sees these institutions as critical to encouraging entrepreneurship right across the country. The fund will help young founders build businesses on their campuses, as well as training students across the UK for careers in VC.<\/p>\n

Creator Fund, which is financed by Founders Factory, will make seven investments over the next 12 months. The VC has already made an investment in Imperial College London-based, Refund Giant- a service that syncs with credit and debit cards to automatically issue fast, hands-free VAT refunds for travellers.<\/p>\n

\n

\u201cAt Creator Fund, we are delivering a new VC model specifically focussed on training students at top universities and invest in deals with their peers to give them the early-stage support they need. And creating a community where they look around and see other people taking this entrepreneurial path\u201d - Jamie Macfarlane, founder and CEO of Creator Fund<\/p>\n

\u201cWhat Creator Fund is doing is very special. They are challenging the VC landscape and we are excited to be part of it. It is giving highly-educated students the skills to be the investors of the future and uncover the founders of tomorrow. At Founders Factory we want to power startup founders to go further, faster.\" - Henry Lane Fox, Co-founder and CEO of Founders Factory<\/p>\n<\/blockquote>\n

Additionally, the Creator Fund addresses the lack of diversity in the VC industry at the grassroots level. The investment teams are made up of a mix of students from an extremely wide range of backgrounds and have been built to bring the greatest possible diversity of thought to the investment table.<\/p>\n

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\"It is fantastic to see a new investment fund helping young people and students turn their ideas into reality and develop the next generation of investors from a wide variety of backgrounds. We are committed to making sure the UK is the best place in the world to start and grow a digital business and I encourage students with the drive and talent to apply and take the first step towards becoming a tech founder.\" - UK\u2019s Digital Secretary Oliver Dowden<\/p>\n<\/blockquote>\n

This fund is a unique solution to shake mentalities and misjudgements around youth and experience. In return, it encourages young talents to fully release their creativity, find smart approaches thanks to their tech expertise and adapt rapidly to changes. Similarly to reducing gender inequalities in VC funds to invest more in female entrepreneurs, the Creator Fund shows that banking on young talents is strategic in leaving a more sustainable future for the next generations.<\/p>\n","protected":false},"excerpt":{"rendered":"

Creator Fund, the new student-led venture capital fund, has launched today to unearth startup innovation within European universities, starting with the UK. With both financial and strategic support from Founders Factory, Creator Fund uses its network of student VCs in universities to invest in ground-breaking ventures and give the boost they need to visionary student […]<\/p>\n","protected":false},"author":122,"featured_media":521230,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ep_exclude_from_search":false,"footnotes":""},"categories":[34357],"tags":[],"hashtag":[24640],"type-d-article":[23048],"maddybasic_maturity":[],"maddybasic_thematic":[],"partnership":[],"poool":[],"class_list":["post-521224","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-decoding","hashtag-maddymoney","type-d-article-classique"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.maddyness.com\/uk\/wp-json\/wp\/v2\/posts\/521224"}],"collection":[{"href":"https:\/\/www.maddyness.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.maddyness.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.maddyness.com\/uk\/wp-json\/wp\/v2\/users\/122"}],"replies":[{"embeddable":true,"href":"https:\/\/www.maddyness.com\/uk\/wp-json\/wp\/v2\/comments?post=521224"}],"version-history":[{"count":19,"href":"https:\/\/www.maddyness.com\/uk\/wp-json\/wp\/v2\/posts\/521224\/revisions"}],"predecessor-version":[{"id":521630,"href":"https:\/\/www.maddyness.com\/uk\/wp-json\/wp\/v2\/posts\/521224\/revisions\/521630"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.maddyness.com\/uk\/wp-json\/wp\/v2\/media\/521230"}],"wp:attachment":[{"href":"https:\/\/www.maddyness.com\/uk\/wp-json\/wp\/v2\/media?parent=521224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.maddyness.com\/uk\/wp-json\/wp\/v2\/categories?post=521224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.maddyness.com\/uk\/wp-json\/wp\/v2\/tags?post=521224"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/www.maddyness.com\/uk\/wp-json\/wp\/v2\/hashtag?post=521224"},{"taxonomy":"type-d-article","embeddable":true,"href":"https:\/\/www.maddyness.com\/uk\/wp-json\/wp\/v2\/type-d-article?post=521224"},{"taxonomy":"maddybasic_maturity","embeddable":true,"href":"https:\/\/www.maddyness.com\/uk\/wp-json\/wp\/v2\/maddybasic_maturity?post=521224"},{"taxonomy":"maddybasic_thematic","embeddable":true,"href":"https:\/\/www.maddyness.com\/uk\/wp-json\/wp\/v2\/maddybasic_thematic?post=521224"},{"taxonomy":"partnership","embeddable":true,"href":"https:\/\/www.maddyness.com\/uk\/wp-json\/wp\/v2\/partnership?post=521224"},{"taxonomy":"poool","embeddable":true,"href":"https:\/\/www.maddyness.com\/uk\/wp-json\/wp\/v2\/poool?post=521224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}