FounderFuel is an intensive 12-week mentor-driven startup accelerator that will help your startup increase traction, secure partnerships, and get to revenue faster, all in effort to help you raise follow-on funding. We provide seed funding and access to a network of investors (VCs and Angels), experienced entrepreneurs and top executives, all to help you accelerate the success of your business.
What’s all the hype about? Every year, hundreds of teams apply; only 20 teams are chosen to complete the two 3-month cohorts. Getting selected to join the program ain’t no walk in the park!
What happens after I get in? Upon selection, your team will receive $50K of financing in exchange for 9% equity in your company. You’re are also eligible for a $150K convertible note if you’re judged to be “venture ready” upon completion of the program.
You’re then thrown into a high-octane environment where you are surrounded by like-minded entrepreneurial teams, investors, execs, and entrepreneurs. From this network you’ll receive invaluable advice through workshops, feature presentations, and one-on-one meetings with mentors and investors.
In addition, you get immediate access to over $150K worth in additional perks and services from companies like Amazon AWS, Rackspace and Azure, not to mention as much RedBull as you can handle. Gotta have something to keep you going late at night right?
At the end of the program, you’ll pitch before an audience of investors, members of the press and the startup community in efforts to secure financing for your startup on Demo Day. This provides you with a great opportunity to get exposure to investors from the US, Europe and Canada, as well as with the media and startup community.
Your company is also eligible to 3 months of free office space in Silicon Valley after Demo Day. less