Gomif Partners, an early stage investment advisory network co-lead by philanthropist and investor Tey Por Yee (Larry), is launching a startup fund.
Socialpreneur Growth Fund, which has a target of $200m, plans to invest in social business concept startups and growth stage financing for innovation and technology-related companies in Europe, as well as within the Asia Pacific region.
Earlier this month, the socialpreneur-focused startup accelerator announced the soft-launch of its ’17 program in Singapore as well as Japan. Gomif and its advisors will mentor the companies and help them enhance their business plans and products. As a part of the partnership, Gomif will also pick up equity stake in these companies.
The program will provide startups with the opportunity to work together with Gomif Partners and associates and influential players in each of their business segments.
The firm will also provide mentorship, office space and access to funding and a network of industry partners, investors and venture capital firms for up to 5 selected global social business startups.
To kick off, startups are invited to apply for Gomif Accelerator’17 here.
Submitted applications will be reviewed between January 9, 2017, and March 31, 2017.