Omnea Future Founders Fund

Omnea, a London-based artificial intelligence software company that helps businesses manage their supplier spending, is challenging traditional venture models with the launch of the Omnea Future Founders Fund.\n\nCreated in partnership with the European angel fund Firedrop, the initiative gives Omnea employees who have completed five years of service a chance to pitch for $250,000 in seed funding to launch their own companies.\n\nThe initiative doesn’t just aim to discourage employees from hiding their entrepreneurial ambitions from leadership but actively supports them.\n\n“Starting a business, you don’t want to speak to investors who you don’t know. You want to speak to people you know and trust, who want you to succeed and know what they’re talking about,” said Ben Freeman, founder and CEO of Omnea, in an exclusive interview with @crunchbasenews explaining why the company decided to start the initiative. “And ideally, you want to get the advice of your colleagues. But it’s always taboo — telling your colleagues you want to go start something and quit your job. I don’t think it needs to be.”\n\nRead more in the article link in the comments