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Silicon Valley Spring 2013
Applications: Mar 17, '13
Sessions: Apr 01, '13 - Jul 09, '13
Our vision is to Globalize Silicon Valley by creating and fostering local startup ecosystems in promising markets across the globe. We aim to help launch 1,000 technology companies per year in over 50 cities worldwide.
Wilson Sonsini Goodrich & Rosati is the premier legal advisor to technology and growth enterprises worldwide, as well as the investment banks and venture capital firms that finance them. Over the past four decades, Wilson Sonsini Goodrich & Rosati has established its reputation by having an unmatched knowledge of its clients' industries and deep and long-standing contacts throughout the technology sector. The firm's legal expertise serves clients at all stages of growth, from venture-backed start-up companies to multibillion-dollar global enterprises. The firm's clients include some of the most recognized names in the technology, retail, life sciences, venture capital, and finance sectors. The firm has offices in Austin, Palo Alto, New York, San Diego, San Francisco, Seattle, Shanghai, and Washington, D.C.
First Republic Bank and its subsidiaries provide private banking, private business banking and the full range of wealth management services with an emphasis on exceptional relationship-based service and a solid commitment to responsiveness and action.
Ravix Group - Ravix Group Inc.provides seasoned consulting expertise to outsource the finance, human resources, and facilities functions of early-stage and middle market companies so that management can focus on their priorities to increase the value of their company.
Purplepatch Services is a strategy consulting firm offering technology firms Marketing Communications and User Experience Design solutions.
Female Founder Fellowship Program
We Can Do it.
The Founder Institute Aims to Graduate
175 Female Tech Founders in 2011
16% of the Founder Institute's 250+ graduated technology companies are founded by females. This beats the average, but quite frankly the average sucks, and we know we can do better. The Institute is currently on pace to graduate over 600 companies in 2011 across our 17 locations - if we double our percentage of female founders to 30%, we will graduate 175 female tech founders in 2011. This is our goal.
Here's Why 'We Can Do It:'
Being a tech founder is not seen as a viable option for most females. This is wrong. In fact, of all applicants to the Founder Institute, the acceptance rate amongst women is equal to that of the men, while the graduation rate amongst women is almost 20% greater than that of the men (data compiled from all completed Founder Institute semesters worldwide, totaling over 1500 total applicants and over 250 total graduates).
The widespread debate and publicity surrounding the 'females in tech issue' over the last year had zero impact on the the number of female applicants to the Institute. However, earlier this week the Institute quietly announced a scholarship for the best female applicant for our Berlin Spring 2011 Semester, and the response in both applicants and support has been overwhelming.
Here's How We Will 'Do It:'
The Institute is rolling out the female scholarship concept that was successful in Berlin across all ten of our Spring Semesters:
The Female Founder Fellowship will provide extraordinary female applicants the opportunity to launch their dream company with the Founder Institute's pre-seed incubation program, free of charge. To reach our goal of launching 175 female-founded tech startups in 2011, the Institute will subsidize the Course Fee for the most extraordinary female applicant in each of our ten Spring Semesters: including Los Angeles, San Francisco, Washington D.C., San Diego, Berlin, Brussels, Paris, New York City, Boston, and Singapore. Any female who applies to any of these Spring Semesters is automatically eligible. Many of the deadlines are approaching, so apply today at http://founderinstitute.com/join.
This is not about providing special treatment - the majority of applicants to the Founder Institute do not get accepted, and this will always be the case because we employ a quantitative Predictive Admissions Test in our application process. This test was specifically designed, and is constantly calibrated, to identify entrepreneurial personality traits and remove all forms of subjective bias. Mentor, Aaron Patzer, provided a great primer on the test here. The Female Founder Fellowship program is designed to double the number of female applicants to the Founder Institute, which, according to the previously stated data, will double the number of accepted females, and more than double the number of graduates - getting us to our goal of 175.
For reference, here's a sampling of some graduates with female Founders who are out of stealth, across a few different locations:
- 2RedBeans – Q Zhao (Bay Area)
- Fashioning Change – Adriana Herrera (San Diego)
- Memetales – Maya Bisineer (Seattle)
- Micromobs – Himani Amoli (Bay Area)
- Skimble – Maria Ly (Bay Area)
- Zebraminds – Oza Klanjsek (Denver)
A special thanks to our partner, Women2.0, for posting the story. Women2.0's mission is to increase the number of female founders of technology startups. We encourage you to sign up for their mailing list, or check out their great Founder Labs Program.