It was announced today that Bloomingfeld Ltd, an environmental consulting and engineering group based in London, is to setup a seed capital investment unit called Zungzi. The aim of which will be to support young entrepreneurs and tech heads turn their ideas into reality. They hope they can help start ups by investing up to £20,000 if successful. They will also then help businesses in finding future funding as well as training in all aspects of entrepreneurship.
This can be invaluable for many young start-ups who have the ideas but maybe lack the business acumen to take their ideas to the next level. A good grounding can help build a successful future for any new business and Zungzi’s proposal is a great opportunity for any budding young entrepreneurs.
To be in with a chance of receiving investment, youngsters are invited to submit their ideas via the companies website, where it will be looked at, before the selected start-ups will be given the opportunity to pitch their concept at a talent day.
CEO Willem Van Gulck had this to say “Innovation is key to our own survival in an ever changing world, therefore we strongly believe that any support given to young entrepreneurs might encourage others to go boldly ahead in accomplishing their own ideas, transforming our mutual challenges into change."
It is great that a company like this is encouraging young entrepreneurship in the UK and hopefully we will see more of the same over the coming years.
You can find out more at www.zungzi.co.uk.
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