Olympic Launch for Online Ideas Platform set to Galvanize Global Start-Up Scene

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Investment matchmaker platform, Host of Ideas, launches this week to connect investors with startups, globally. The platform announces its inaugural Female Founders Challenge to find lady startup talent.

London, Chicago and Chennai, 1st August 2012 - Host of Ideas, a new online platform that connects sophisticated investors with entrepreneurs based out of UK, US and India announced its launch today in time for the Olympics. With an impressive list of Founding Investor members, Host of Ideas aims to be the go-to place for early stage investment on both sides of the Atlantic.

Founder Will Andrews, who is based in Chicago, says of the launch “We are thrilled to launch in time for the Olympics, and in some ways have been doing our own Olympic sprint to get the platform live. It’s our dream to see great opportunities efficiently capitalized to become the great companies of tomorrow.” With offices in London and Chicago, and a team in India, Host of Ideas aims to bring both ideas and investment across the Atlantic, exporting European talent and capital to the US and vice versa.

Host of Ideas has an impressive list of Founding Member Investors drawn from a number of countries, which includes Michael Cline of Accretive Ventures, financier Sir Laurie Magnus, entrepreneur turned venture capitalist David Giampaolo, together with members of the Harvard Business School Angels and the Forbes Midas List. Andrews adds, “Unlike other crowd-sourcing investment platforms our investors must be accredited which insures they can adequately assess the risks and rewards involved.”

Andrews says, “There is no shortage of talent or capital but there seems to be a problem connecting the two. We aim to solve this problem.”

Andrews founded the company at the start of 2012 with the aim of galvanizing the start-up scene globally. In his early thirties, his career has included a stint at McKinsey, raising capital for a healthcare business, and also working as a medical doctor.

Speaking of the inaugural "Female Founders Challenge 2012” co-founder and former Al-Jazeera launch team strategist, Georgie Weedon says, “It’s great to be able to stake a flag in the ground and see what female start-up talent we can find. We’re also very much looking to up our pool of female investors so if you are reading this, please get in touch!” Weedon is keen to add that the platform is still open to males. “We have a pool of active and influential accredited investors, and we want to attract the best start-up talent regardless of gender. Female Founders is simply our first talent treasure hunt, we’ve also launched a Healthcare App Challenge and will do a Big Data and Analytics Challenge in the coming months and we’re keen to hear from India and Latin America as well as EU/USA.”

All early stage ventures are encouraged to check out the Host of Ideas website as they intend to run a series of talent challenges to find the next wave of early stage fast growth ventures both here in the UK and abroad.

  • ENDS -

Notes to Editors

1) Host of Ideas is an online platform that connects start-ups with accredited investors and was founded in 2012 by Will Andrews and Georgie Weedon with the aim of galvanizing the start up scene in the UK and States by connecting talent and capital across the Atlantic. http://www.hostofideas.com twitter - @hostofideas

2) Host of Ideas Investor Policy. Host of Ideas investors satisfy the accredited investor guidelines outlined here: http://en.wikipedia.org/wiki/Accredited_investor

3) Female Founders Challenge @XXFounders
Details can be found at https://hostofideas.com/competition-female Startups can be well-established or still conceptual, products or services, software or apps or anything else. The only criteria are that the venture must be for profit and have a woman in a founding or leading role.
Selected startups will be given the opportunity to present their business cases online and in person to a judging panel of professional venture capitalists and angel investors, and to compete for a prize of £5,000. The competition is open now and runs throughout August. Entry is free before 30th July. Ideas will be judged by a panel of international investors and entrepreneurs, there is a cash prize of $7,500 (or £5,000) for the winning venture and entrants receive complimentary access to Host of Ideas’ top-flight investor base looking to invest in promising startups.

  •     Have a female founder/co-founder or director
  •     Have less than £1.3M (US$2M) of investment
  •     Global outlook, all ideas welcome
  •     Extra award for best app idea
  •     Access to top investors via Hostofideas.com for 4 months

Competition Timeline

  •     Application deadline: 30th August 2012
  •     Top 5 pitches present to judging panel at Hub Westminster, London: Autumn 2012
  •     Judging panel of entrepreneurs/ investors including Nick Jenkins (Moonpig.com)

Helly Worsdell - host(at)hostofideas(dot)com
Mob: +44(0) 7812 609 756
Host of Ideas, Hub Westminster, 80 Haymarket, London, SW1Y4TE

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Georige Weedon
Host of Ideas
07812 609 756
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