Maezawa Fund for start-ups: ZOZO founder to mentor entrepreneurs
※This is a machine-translated text of the original article.
Yusaku Maezawa, the former president of ZOZO fashion brand, announced that he would establish Maezawa Fund and start supporting entrepreneurs.
In his own note, he says he targets “entrepreneurs with dream business plans and ideas who are motivated to take on challenges and contribute to society.”
Yusaku Maezawa makes announcement on note.com
As part of the plan, the company will invest about one billion yen, and he will own about 20% of the company’s stock.
He also participates in management and utilizes all of his assets (personal connections, influence, funds, etc.) to provide full support for starting a business. “The goal is very simple. It is to provide full support for you and realize your dreams in the form of business. It is also to change the world and make people and society happy,” he wrote.
The proposal period ranges from February 7 to February 16 (Sunday), 23:59. An examination fee of 100 thousand yen is charged for each proposal for the document review.
Original Text: https://ampmedia.jp/2020/02/08/maezawa/