Shotput Ventures – New Startup Fund

“Shotput Ventures, a technology startup accelerator fund, will launch a three-month program this summer to give entrepreneurs a shot at converting passion into profit.”

They have $250,000 to be spent on about 8 investments. “The deals will be small — $5,000 per team and $5,000 per founder — and focused on what the eight partners know well: capital-light, Web companies. For its effort and money, Shotput will get 5 percent to 10 percent in common stock in its portfolio companies.”

Full article here.

Another article here.

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About Aristos Peters
I work rest and play in the digital space, with particular interest in digital startup companies and their need for seed, angel and VC investment. As a NED, I have worked with several start-ups, taking them through funding rounds and also work on investment acceleration and business growth helping companies to become investment ready. Currently about to launch the startup fundraising app D RISK IT (www.drisk.it).

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