The Fund is a select international team of entrepreneurs, investors and industry specialists from the Oxford MBA cohort
Each year a team of MBA candidates at Saïd Business School are selected to join the Entrepreneurship Centre’s Oxford Seed Fund (OSF) programme – a student led investment fund that annually invests a total of £50,000 in startups affiliated with the University of Oxford. In 2019, the Oxford Seed Fund invested in Boresha and SociAbility, and applications for funding in 2020 are now open.
Boresha is a financing platform for farmers. 50% of the world’s food supply is sourced from small farms which often encounter problems with cash flow liquidity, harming both the farmers livelihood and global food production. Boresha’s solution enables large buyers – such as supermarkets and coffee shop chains – a new way of financing small farms, while also providing software for tracking the farm’s deliveries and income. For small farms, Boresha will provide quick cash flow when they need it most.
SociAbility empowers social inclusion through better accessibility information. The app curates detailed information for venues such as restaurants, bars and cafes while allowing users to add or update information themselves. SociAbility believe their product will enhance the lives of disabled people, the elderly and young families while bringing new customers to businesses across the UK.
Boresha and SociAbility use tech for good. Diana Kolar, Managing Director of the 2018/19 Fund, noted that ‘while the Oxford Seed Fund is not a social impact fund by design, the fact that our two investments this year are in companies with a social purpose is a testament to the incredible business models that are emerging from the Oxford ecosystem.’
Both companies also won a Skoll Venture Award (Boresha in 2018 and SociAbility in 2019), which provides early stage funding to teams aiming to tackle the root causes of social and environmental challenges. They also took part in the Oxford Foundry’s LEV8 accelerator programme.