Z21 INNOVATION FUND – CALL FOR APPLICATIONS

Article Source: Future Worlds

Z21 Innovation Fund | Apply for pre-seed funding to develop your startup ideas

The Z21 Innovation Fund is a collaboration between the Web Science Institute (WSI) at the University of Southampton and the Solent Local Enterprise Partnership (LEP).  The mission of the Fund is to accelerate the University of Southampton Web startups towards investment and rapid growth and create high-tech jobs in the Solent region.

The Z21 Innovation Fund is seeking applications from potential ventures to create a Minimum Viable Product (MVP), achieve product market fit, and gain traction with users.  Applicants can apply for funding up to £6,300 for a 3-month MVP Project.  At the end of this period, MVP Projects will present to the Z21 Grant and Investment Panel and will have the opportunity to apply for Pre-Seed funding up to £31,500.  The award of an MVP grant does not guarantee progression to the Pre-Seed stage: progression is determined by the Grant and Investment Panel, based on the success of the MVP stage.

Future Worlds will offer acceleration throughout the programme and projects will be invited to a Demo Day to pitch to investors.  Full details of this support is in the document below.

To apply for MVP funding, visit this link and read the Technical Guidance for Applicants and complete the Application Form at the bottom of that page and return your application to Susan Davies at z21@soton.ac.ukThe closing date for applications is 5pm on Tuesday 14 May 2019. There will be further Calls in 2019.

We are only able to accept applications from students or staff studying or working at the University of Southampton.  Note that students who have graduated may apply within one year of graduating.

Successful applicants will be notified on Monday 20 May and will be invited to attend an interview with the Z21 Grant and Investment Panel on Tuesday 21 May 2019. If there are particular times on Tuesday 21 May that you would not be able to attend for interview, please notify Susan Davies when submitting your application.

Funded MVP Projects will run from 1 July to 30 September 2019.

If you have any questions about the application, the stages of the Z21 Innovation Fund, the eligibility criteria, and the operating processes, please contact Ben Clark at z21@soton.ac.uk.

The closing date for applications is 5pm on Tuesday 14 May 2019.


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