Since 2009, the Founder Institute's highly-structured accelerator programs, innovative 'Equity Collective', and global network of advisors have been proven to significantly increase a startup's chances of success - across 100+ countries and in any economic environment.
Type of Program: Pre-Seed Accelerator (participants range from an ides to a side husstle to a university spinnoff to an company with an MVP)
Sector or Industry Focus: Tech/Tech Enabled
Managing Organization: Founders Institute
Key Leadership: Randy Eager
Program Length: FI Core Program (4- month Core Program)
Investment (if any): NA
Cost: Entrance Fee of $699 + 2.5% Equity pledge (includes 1% for FI HQ, 1% for Local Pgh Leaders, and 0.5% for Program Mentors). Since 2009, the Founder Institute has utilized a unique "Equity Collective" model to align financial incentives and ensure long term support for our Alumni throughout the entire lifecycle of their business. More than just a series of classes, Founder Institute is invested in your success and your community's success by literally aligning our business model with your company's achievements for the long term.
Key Benefits for Participants:
The Founder Institute program is famious for helping you to achieve 2 years worth of progress (if working alone) in 4 months thanks to being surounded by seasoned startup experts, almost 100 mentors, and supportive members of the cohort. You will graduate with (depending on your track):
Launch Track:
Fully Validated Business Idea & Vision
Significant Progress on Team
Significant Progress on Product Requirements
Investor-friendly Corporation
Formal Business Advisors
Clear Milestones & Actionable Next Steps
Growth Track:
Significant KPI Growth
Investment-ready Pitch Deck
Diligence-ready Business
Fully Validated Product & Team Roadmap
Formal Advisory Board
Clear Milestones & Actionable Next Steps
FI Core Program
It all starts with our renowned Founder Institute 'Core Program', which combines aggressive growth sprints and constant feedback to help idea and pre-seed founders reach the milestones needed for investment and sustained growth.