Shulman Rogers
Shulman Rogers, a full service law firm with nearly 100 attorneys, provides corporate services including business planning, mergers and acquisitions, securities, employment, intellectual property, immigration, government contracting, tax, telecommunications, cybersecurity, corporate governance, as well as other areas. In addition, the firm has vast experience in real estate transactions, both commercial and residential closings, leasing, landlord-tenant, commercial development, acquisition, sales and related matters. Our litigators offer extensive experience in complex litigation, and all methods of dispute resolution including mediation and arbitration. Personal legal services include trust and estate planning, family law, real estate settlements, medical malpractice and personal injury.

Startup Our Vets

 

Through the Startup Our Veterans Fellowship, any U.S. veteran or service member who wants to start a technology company can apply to a U.S. Founder Institute chapter for free, and the best overall applicant from Washington DC will be invited to participate in the Founder Institute's step-by-step startup launch program for free as well.


Veterans and active service members possess the work ethic, high character, and strong leadership skills needed to launch meaningful and enduring technology companies. To inspire and enable the military community to build technology companies, the Founder Institute has partnered with Vet-Tech, the nation's leading startup accelerator for military veterans, to offer the "Startup Our Veterans" Fellowship.

Through this Fellowship, any U.S. veteran or service member who wants to start a technology company can apply to a U.S. Founder Institute chapter for free, and the best overall applicant from will be invited to participate in the Founder Institute's step-by-step startup launch program for free as well.

Learn more about the program at FI.co/vets.


Eligibility: In order to be eligible for the Startup Our Veterans Fellowship for the Washington DC Spring 2016 Semester, you must complete your application and admissions test by Saturday, April 30, 2016, using this link.


Grant: The recipient of the Startup Our Veterans Fellowship will be awarded within 5 days after the deadline.


Click here to apply for the Startup Our Veterans Fellowship.


Planning Solutions Group
Planning Solutions Group is a financial planning firm that specializes in developing innovative concepts for wealth creation and preservation. PSG is comprised of 3 partners with over 60 years of combined industry experience, a team of associate planners, and a dedicated support staff which includes two an attorney who provides advanced estate and tax planning solutions, and a Chartered Financial Analyst (CFA) for the development of creative investment strategies.

CONNECTPreneur

 

The CONNECTPreneur Fellowship is awarded to the most extraordinary applicant from the  CONNECTPreneur Community, giving them the opportunity to enroll in the Washington DC Founder Institute for free. The recipient will be recognized as somebody with the utmost potential to become a successful technology entrepreneur.


The Washington DC Founder Institute is excited to partner with an organization that shares our goal of fostering a strong local startup ecosystem: CONNECTPreneur, a quarterly forum of 350+ top IT entrepreneurs and investors in greater Washington DC region. Through the CONNECTPreneur Fellowship, everyone from the CONNECTPreneur community is invited to apply to the Washington DC Founder Institute for free, and the best overall applicant from the community will receive a Fellowship to participate in the program for free as well ($1,650 value).


Eligibility: In order to be eligible for the CONNECTPreneur Fellowship for the Washington DC Spring 2016 Semester, you must complete your application and admissions test by April 3, 2016, using this link.


Grant: The recipient of the CONNECTPreneur Fellowship will be awarded within 5 days after the deadline.


Click here to apply for the CONNECTPreneur Fellowship.


Six Reasons Your Startup WONT Raise Capital, by @DaveParkerSEA

Posted by Jonathan Greechan on 2013-10-30

Founder Feedback gives you insight from the startup trenches.

In a post from his blog, Dave Parker, VP of Product at UP Global and mentor for the Seattle Founder Institute, lists his top 6 reasons startups fail to raise capital. He says, before taking friends and family investments, make sure you aren’t making any of these 6 mistakes.

Below, Six Reasons Your Startup WON'T Raise Capital has been republished.


Here are Six Reasons your startup will never raise capital:

6. You’re a Services Business - services businesses don’t raise outside capital because they don’t have the potential return.  The reason is that you need to increase your staff every time you add a new customer. You need a scalable product business so that as you grow sales you aren’t required to grow staff proportionately. Don’t know if your business is a product or a service? Can you make money when you sleep? You have a product.

5. You don’t have a product - you have a “concept” or an “idea”. The Founder Institute runs a program called the Founder Showcase, and to even be considered for presenting to a group of 400+ people with around 100 investors, you must have a product – not slideware, a prototype or demo. Can a person or a business go to your product and place an order (even if it’s free) and then use the product? Landing pages and demos are great for proving your concept, but don’t plan on raising capital until you actually have a product.

4. You’ve picked a crummy market - because it’s small, not well-defined or incredibly difficult, like music (see Is Your Company Standing in a Graveyard). Your market doesn’t have to be multi-billion $$, but it can’t be small. I see folks pick non-profit markets for for-profit ideas, another bad idea.

3. You don’t have a team  - it’s just you, and sure you’re the smartest person you know, but you need a team. Many investors will tell you that they are betting on the team because they know it’s highly likely that your first idea isn’t going to be right. Then it’s all about the team pivoting to a new and better idea. Take Odeo becoming Twitter as an example.

2. You don’t have any market traction - you have a product, now the question is “do your customers care?”. Do you have registered users, letters of intent, actual sales or revenue? Even if you have two customers, that’s not validation of your product (unless they are $1M each). Are you making clear progress into a model that you can scale? Traction can be defined in a lot of ways - here’s a great blog post from Fred Wilson on Traction -

1.  You need the money - just because you need the money doesn’t mean you can raise any money. In the early stage you’re going to have to boot-strap your idea. That may mean you need to write a check or learn how to code.

But, but, “all those things don’t apply to me or my idea”! I know, you’re “special” and Aunt Millie will give you money. That may be true, but before you take “friends and family” money, increase your chance of providing a return by doing the above six things.

Dave Parker blogs at http://dkparker.comYou can also follow him on Twitter at @DaveParkerSEA. If you could benefit from expert training and feedback to launch a startup in Seattle, click here to learn more and apply today. Final applications are due Sunday, November 10.

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Six Reasons Your Startup WONT Raise Capital, by @DaveParkerSEA

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