New York City, New York (PressExposure) November 10, 2011 -- Zigoluft Open Hub Incubator to be operated by Thawer & Co, LLP - and funded by various investment firms and private investors. Alongside with the Open Incubator, Thawer & Co, LLP will also be managing Zigoluft Funds, I, II, III, PIPE, LLP.
A new global incubator announced today will help foster the growth of companies ranging from startups to mature in all the innovative hubs demographically and inject a new culture of innovation across all industries.
Zigoluft is set to start investing as early as January 2012, the program will provide thirty five to fifty startup or early stage companies per year with mentorship and initial capital giving them access to interactive platform to access technologies for acquisitions and growth. Further, Zigouft Funds will be focusing on various companies that are seeking capital for growth, acquisitions, and research and development from private companies to publicly traded on any stock exchanges. Zigoluft has partnered with Thawer Ashcroft Crowne & Co, LLC to underwrite debt and equity offerings for some of the companies and provided leveraged collateralization providing a secured investment vehicle for investors, making ventures more attractive.
Zigoluft Open Hub [http://www.zigoluft.com] platform is an open platform which is schedule to register over 1200 global funds targeting over 30,000 investors including private and institutional by the end of this year. For companies that are seeking mentorship and capital, Zigoluft Open Hub will provide weekly scheduled meeting held virtually, white papers, resources as well as mentorship on subscription basis, and potentially qualify for capital through external funds or direct in-house funds. Currently Zigoluft has closed on 4 funds, where the investment in the ventures will range from initial investments of $25,000 to well over $2M per venture.
"Hosting a global virtual incubator will enable Zigoluft and registered member funds to identify and develop some of the newest, most creative companies and enhancing them further by connecting with fellow entrepreneurs across the globe, we are very excited," said Rahim Thawer, Managing Partner of Zigoluft, LLP "We are embracing the turbulence in this volatile market that is occurring in the venture capital society, and our goal is to take the lead in shaping the way of raising capital, structuring deals and creating synergies between one company to another."
Zigoluft is currently accepting company memberships prior it's scheduled launch in early 2012. To learn more, please contact Zigoluft at the email below.
Emma English, External Relations; Emma@zigoluft.com.