Kadir Has Üniversitesi iNEO Teknoloji Transfer Ofisi

Harvard Business Review Türkiye

Sabancı Üniversitesi

Turkcell Geleceği Yazanlar

Female Founder Fellowship

The Female Founder Fellowship is awarded to the most extraordinary female applicant for each semester, giving them the opportunity to participate in the Founder Institute for free. The recipient will be recognized as a female with the utmost potential to become a successful technology entrepreneur.

The Founder Institute is committed to narrowing the gender gap in high tech startups. When we announced the Female Founder Fellowship program in 2011, only 16% of Founder Institute companies were founded by females. Since then, the results of this program have been astounding, as our overall number of female-founded companies has more than doubled, to a total of approximately 33%. This is more than twice as high as most other startup programs. Learn more about the Female Founder Fellowship program here

Eligibility: In order to be eligible for the Female Founder Fellowship for the upcoming semester, you must complete your application, be accepted to the program, and submit your payment by the Early Deadline listed on the top of this page. Any female who follows these guidelines will be automatically eligible - no further steps are required. 

Grant: The Female Founder Fellowship is awarded to the most extraordinary female applicant for each semester. The recipient will be awarded and notified within 5 days after the Early Admissions Deadline, and they will receive a full refund on their Course Fee within 1 week of the program start date. All applicants will be notified via email when the Fellowships are awarded.

Click here to apply for the Female Founder Fellowship

What is the Bonus Pool?

Posted by Adeo Ressi on 2011-02-10

Below is an answer that I recently gave to a question about the Bonus Pool. It is not uncommon for applicants to misunderstand the Bonus Pool and therefore look at the Pool like a cost, rather than an innovative benefit. I hope that the answer is helpful.

If an enrolled Founder chooses to join the Bonus Pool, then the Founder contributes 3.5% of their company in the form of warrants to a Bonus Pool. In exchange, the Founder receives a share in the cash returns of the Pool.

If one Graduate sells for $200 MM, this may return $4 MM to the Bonus Pool after some dilution and purchasing the warrants. In such a circumstance, another Graduate from the same semester might receive a Bonus Pool check for $80,000. This return is not an investment. It's a personal bonus. It's cash to use for anything you want, from groceries to servers.

All Founder Institute stakeholders share in the Bonus Pool, including local Mentors and local Directors, and there is a separate Pool for each graduating semester. Founders get 30% of the Pool, Mentors get another 30%, local Directors and partners get 25% and the Institute keeps 15% as a long-term management fee. The indivual portion that each Mentor receives depends on the anonymous ratings they receive from the Founders. The point here is that everybody's interests are aligned in creating the best possible pool of companies. 

Graduates share in the upside from the success of their peers through the Bonus Pool. This creates an unusual level of camaraderie. It also reduces the risk of creating a startup. Any one startup has a high chance of failure, but there is much greater odds for success across 10, 15 or 20 Graduates. You can fail and still see upside from your efforts in the Institute.

Ultimately, the 3.5% and the Bonus Pool are a benefit that is unique to the Founder Institute. Instead of selling equity for a few thousand dollars, you are personally participating in the long-term success of your peers. You get upside once reserved for savvy investors.

* indicates required

Feedback Form

We welcome your feedback to improve the Institute. Please contact us using the form below, and we will get back to you promptly.
Your Email Address:
Message to the Institute:
What is ? (enter the answer below):
Close Window