WSGR
Wilson Sonsini Goodrich & Rosati is the premier legal advisor to technology, life sciences, and other growth enterprises worldwide. We represent companies at every stage of development, from entrepreneurial start-ups to multibillion-dollar global corporations, as well as the venture firms, private equity firms, and investment banks that finance and advise them. The firm's broad range of services and practice areas are focused on addressing the principal challenges faced by the management, boards of directors, shareholders, and in-house counsel of our clients.

CodigoDelSur
CodigoDelSur is a designer and developer of digital products. Having worked with Founder Institute startups in the past, they come as a highly recommended Founder Institute referral. They are composed of highly skilled software, web, and mobile app developers, who are excited to incorporate the latest technologies into the applications they develop.

100Vets

 

Through the 100Vets 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 each chapter 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 100Vets 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 http://FI.co/vets.


Eligibility: In order to be eligible for the 100Vets Fellowship for the upcoming semester, you must complete your application and admissions test by Sunday, December 11th, 2016, using this link.


Grant: The recipient of the 100Vets Fellowship will be awarded within 5 days after the deadline.


Click here to apply for the 100Vets Fellowship.


Xero
Xero is everything you need to run your business financials. Work with a beautiful small business accounting software complete with accounting, invoicing, payroll, inventory and more. Xero seamlessly integrates with over 500+ business apps, including CRM, point-of-sale, time tracking, ecommerce, just to name a few. Join the 700,000+ businesses using Xero in more than 180 countries.

Startup Weekend

 

Through the Startup Weekend Fellowship, members of the Startup Weekend Community who want to start a technology company can apply to the Silicon Valley Founder Institute chapter for free, and the best overall applicant will be invited to participate in the Founder Institute's step-by-step startup launch program for free as well.



Eligibility: In order to be eligible for the Startup Weekend Fellowship for the upcoming semester, you must complete your application and admissions test by Sunday, December 11th, 2016, using this link.


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


Click here to apply for the Startup Weekend Fellowship.


Founder Institute’s Method of Turning Employees into Entrepreneurs Featured in the Economic Times

Posted by Jonathan Greechan on 2013-12-27

Earlier this year, the Founder Institute launched it's first-ever chapter in Bangalore, India. Starting with a class of over 30 eager entrepreneurs, only seven made it through the gruelling four-month program. The Economic Times recently covered program's success and shared the story of several graduates.

The following article is courtesy of Peerzada Abrar of the India Economic Times;

 

"While most startup accelerators aim to further the growth of young ventures, Silicon Valley's Founder Institute nurtures raw ideas from working professionals keen to try their hand at launching a business.

The first batch of graduates from its Indian programme, launched in August, includes doctors and an airline pilot who worked on their business plans even as they held a day job. "We are taught how to kill their idea, if it survives, it is an idea worth taking forward," said Srikanth Bhagavat, co-director at Founder Institute, Bangalore. "We grind the idea, polish it and make it into a diamond."

Among the graduates who turned their idea into a business venture are Ganapathy Bhagavathi Rajan, a plastic surgeon, and Biswajit Dutta Baruah, an orthopaedic surgeon, who both work at Apollo Hospitals in Chennai. The duo formed a startup — Check Health, that brings clinical labs, doctors, patients and pharmacies on one technology platform.

"I am a doctor and I had no idea of running a technology company and building a team," said 42-year-old Rajan. The startup uses data analytics and predictive medical algorithm to offer personalised health checkups through web and mobile applications. It guides people to accredited clinical diagnostic centres and doctors.

The applicants at the accelerator are chosen through a psychometric personality test which helps evaluate the personality of applicants to ensure they have the aptitude for entrepreneurship. Of the 270 people who applied for the programme, 69 qualified based on the test. Around 32 enrolled for the programme and only seven graduated.

"They build a business around their ideas without putting their livelihood at risk," said Bhagavat. Founded in 2009 by serial entrepreneur Adeo Ressi, the Founder Institute has helped launch over 1,017 companies across 55 cities and six continents.

Bhagavat, who is a managing director at a wealth management company himself, had to take the test to become the co-director at the institute. The Bangalore chapter, which is the only arm of the Founder Institute in the country, has roped in several entrepreneurs to mentor the students.

Those accepted by the accelerator must pay a fee of $200 (Rs 12,397) and also give up 3.5% of their companies — which gets divided among the mentors, semester graduates and the institute. The students also need to pay $4,000 (Rs 2.4 lakh) if they are able to raise a substantial amount of funding.

Srinivas Bhamidipaty joined the programme to avoid repeating the mistakes made in his earlier venture. Bhamidipaty, 45, who has worked as a pilot in the Indian Air Force ran a flying school venture and a real estate business. Even though he successfully exited the flying school business, the real estate venture did not succeed.

"An entrepreneur's journey is not trial and error," said Bhamidipaty, who has now launched HomeConnect, an online marketplace for services like grocery, healthcare, kids education, concierge and apartment services.

"The best thing is that the institute's success depends on our success," said Bhamidipaty. He was able to rope in working professionals Deepika Nayak and Sundeep Dasa as his co-founders. They also attended the programme.

'If you go to Silicon Valley and shake a tree, 10 venture capitalists will fall down to mentor or guide you, it is not happening in India," said Bhagavat of the Founder Institute. "We are globalising the Silicon Valley.'"

Click here to read more from The Economic Times.

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Founder Institute’s Method of Turning Employees into Entrepreneurs Featured in the Economic Times

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