Zinc
Zinc
Zinc backs exceptional talent to build new commercial solutions that solve the most pressing societal issues.
- Use: R&D;
- Date closing: -
- Amount: -
- Industry focus: Health; Others;
- Total budget: 33M £
- Entity type: Accelerator
- Vertical focus: social, environment, health
- Website: https://www.zinc.vc/
- Status: Open
- Funding type: Equity investment;
- Geographic focus:
- Public/Private: Private
- Stage focus: Seed;
- Applicant target: Startup;
Overview
Each of Zinc’s programmes provides unique opportunities for R&D. They are committed to building a new commercial innovation system for the social sciences, to increase the impact of existing research and to generate new R&D opportunities through their ventures. Zinc’s main financial backer is the London School of Economics. Zinc is also a member of the ASPECT consortium which is focused on accelerating the impact of social science.
Zinc aims for a final close of £33 million ($41 million) to invest in startups that build commercial solutions to some of society’s biggest challenges. Zinc will invest up to £250,000 in each of the companies created, that breaks down as: £12,000 stipend across the first 6 months; £75,000 for businesses that advance to our accelerator phase; and ~£150,000 follow on investment at seed round.
Zinc 2 Fund will back talent that is pre-team and pre-idea to build these startups. It will focus on four missions: mental health, the environment, improving the quality of later life and helping people impacted by automation and globalization. Zinc and the entrepreneurs believe that each of these missions is a big opportunity for both social impact and commercial success.
Applicants willing to get in touch with Zinc can do it by following this link, and in order to apply for the fund, candidates can follow this link.
Portfolio: Ferly, Parla, Onigo, Zentor.
Last update: June 9, 2022
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