Turn Your Startup Vision into Reality (with potential funding up to $250k)
Introducing Gen F Entrepreneur In Residence: Turn Your Startup Vision into Reality (with potential funding up to $250k)
Embark on a transformative journey with the Gen F Entrepreneur In Residence studio, a pioneering initiative by Founders Factory Africa. Within just 12 weeks, we will convert your startup concepts into tangible ventures through our dynamic Venture Design Studio, coupled with substantial funding to validate your innovative ideas.
Empowered by Founders Factory Africa, a stalwart in hands-on investment across the continent, Gen F stands as one of the most influential platforms to nurture entrepreneurial brilliance.
No more struggling to bootstrap your brainchild! Gen F is here to provide pivotal assistance. We extend a monthly stipend, a budget for experimentation, and the privilege to tap into expert insights for testing and launching your brainwave.
What lies beyond? Once you’re prepared, you’ll have the opportunity to pitch for up to $250k in additional funding to kickstart your vision.
The Gen F Advantage:
- Engage in an intensive 12-week sprint powered by our Venture Design Studio.
- Leverage a $5,000 budget for validating your concepts through real-world experimentation.
- Upon internal endorsement, access potential investment of up to $250,000.
- Benefit from tailored guidance from FFA’s adept team of experts.
Gen F is a perfect match for:
- Visionary founders and aspiring entrepreneurs eager to transform concepts into impactful realities, achieving commercial success with widespread influence.
- Accomplished professionals and domain experts navigating a transition from the corporate realm to the entrepreneurship landscape.
- Innovative minds committed to crafting tech solutions that tackle Africa’s most pressing challenges and spark revolutionary change.
- Entrepreneurs possessing a keen insight into local market gaps and a resolute commitment to solving pertinent local issues.
Eligibility Criteria:
Ideal candidates include:
- Former startup founders equipped with the wisdom of building entrepreneurial dreams.
- Domain experts armed with unique perspectives on the problems they are determined to solve.
- Corporate professionals transitioning into entrepreneurship due to discerned market gaps.
- Seasoned operators with prior experience in African startups.
- Founders presenting well-researched concepts addressing deep-seated African issues within expansive markets.
- Entrepreneurs ready to dedicate full-time efforts to refine and validate their concepts for 10-12 weeks, followed by a seamless transition into full-time startup mode.
- Ideas boasting substantial commercial potential and inherent impact.
- Visionaries at the earliest phases of molding their startup ideas (pre-revenue).
Gen F Offers:
During the Gen F journey, Founders Factory Africa bestows:
- A $3,000 stipend for founders over a 3-month period.
- A one-time $5,000 grant for conducting market validation experiments.
- Close collaboration with our venture builders, refining your concept and preparing for the Investment Committee.
- Upon Investment Committee approval, complimentary access to our studio services for your startup launch.
- The possibility of securing up to $250,000 in funding.
Application Deadline: Rolling basis. Apply now to seize this extraordinary opportunity.
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