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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

FI Graduate Gagan Biyani’s Big Ambitions featured on Newsweek

Posted by Joe Garza on 2014-06-06

Gagan Biyani was recently featured in a Newsweek article by Katrina Brooker, titled How Greylock Partners Finds the Next Facebook. Biyani is a Graduate of the Bay Area Founder Institute, and is the co-founder of Udemy and the Growth Hackers Conference.

Since graduating from the Founder Institute, Biyani’s ambition hasn’t diminished. His newest company, Sprig, a seasonable and sustainable meal delivery service, scored a considerable Series A round last April. Considering the disadvantages of Sprig’s business model - the millions of dollars required to build it, the lack of immediate returns, the complicated logistics - this is no small feat.

However, this funding round is just the beginning, as Biyani’s aspirations include transforming Sprig into the Uber of food, delivering meals anywhere, anytime with the touch of a smartphone.

But to get there, he first had to convince some of the most powerful venture capitalists in Silicon Valley, including David Sze, Aneel Bhusri, Reid Hoffman, and every other partner at Greylock, of the viability of Sprig. As these were the same individuals who backed Facebook, LinkedIn, Instagram, Pandora, Dropbox, and Airbnb, pitching a business to capitalists of this caliber was a daunting task for Biyani, as it would have been for any other burgeoning entrepreneur.

Biyani describes his first meeting at Greylock:

Coming in, the first person I see is Reid, right? And then David is over here; Aneel is there. It was the biggest moment of my life. I have never seen so much intellectual horsepower in one room in my life.”

Nonetheless, Biyani succeeded in capturing the interest of Greylock, as his efforts were rewarded with a $10 million offer soon after the momentous meeting. While Sprig has yet to expand outside of San Francisco, its recent acquisition of funds is the first major sign of a long and prosperous future, giving credence to Heraclitus’ quote, “Big results require big ambitions.”

For more information on Sprig, go to their official website.

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