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This is the time to rebuild: the world needs entrepreneurs, perhaps now more than ever, to lead the way in creating a brighter future for all.

As a result, the Founder Institute, the world’s largest pre-seed startup accelerator, is excited to announce that it is officially launching its newest chapter in Mongolia. While the Silicon-Valley based program has chapters in over 200 cities worldwide, early-stage entrepreneurs in Mongolia can finally now take advantage of the Founder Institute's renowned structure, mentor support, and network to build an enduring company that can survive and thrive in this “new normal.”

Applications to the first ever Mongolia Founder Institute are now open, and anyone interested in building an impactful technology company can apply at FI.co/apply/ulaanbaatar

The Founder Institute provides high-potential entrepreneurs and teams with the support network and structured growth process needed to get to traction and funding, and build something that matters. So whether you already have a business or are still in the idea-phase, now is the time to act. 

Since 2009, the Founder Institute has helped over  7,000 Alumni raise over $1.75BN funding, get into seed-accelerators, generate traction, recruit a team, build a product, transition from employee to entrepreneur, and more (see the FI 10 Year Impact Report here).

To celebrate the launch, the Founder Institute will host several free online startup events in Mongolia, where you can learn from top entrepreneurs and hear more about the program from the comfort of your home:

  • Co-Founders Connect: Find a Business Partner Online: 8:00am, May 02, 2024 (Asia/Ulaanbaatar): https://FI.co/e/338053
  • Founder Institute Online Information Session: https://FI.co/infosession
  • Employee to Entrepreneur: How to Make the Transition to Startup Founder: 8:00am, May 23, 2024 (Asia/Ulaanbaatar): https://FI.co/e/340357
  • Startup Pitch Practice: Share Your Idea and Get Expert Feedback: 8:00am, May 28, 2024 (Asia/Ulaanbaatar): https://FI.co/e/339402
  • Ask an Investor Anything: Q&A with a Venture Capitalist: 8:00am, Jun 06, 2024 (Asia/Ulaanbaatar): https://FI.co/e/340975
  • How to Come Up with Great Startup Ideas: 8:00am, Jun 11, 2024 (Asia/Ulaanbaatar): https://FI.co/e/339724
  • Startup Pitch Practice: Share Your Idea and Get Expert Feedback: 8:00am, Jul 16, 2024 (Asia/Ulaanbaatar): https://FI.co/e/341251
  • What is the DNA of an Entrepreneur? Insights from 15 Years of Research: 8:00am, Jul 23, 2024 (Asia/Ulaanbaatar): https://FI.co/e/343963
  • Co-Founder Networking: Find a Business Partner: 8:00am, Aug 06, 2024 (Asia/Ulaanbaatar): https://FI.co/e/341880
  • How to Come Up with Great Startup Ideas: 8:00am, Aug 29, 2024 (Asia/Ulaanbaatar): https://FI.co/e/341850
  • Startup Fundraising Q&A: Meet Investors from the FI Venture Network: 8:00am, Oct 15, 2024 (Asia/Ulaanbaatar): https://FI.co/e/342455
  • How to Come Up with Great Startup Ideas: 8:00am, Oct 24, 2024 (Asia/Ulaanbaatar): https://FI.co/e/344514
  • Startup Fundraising Q&A: Meet Investors from the FI Venture Network: 9:00am, Dec 24, 2024 (Asia/Ulaanbaatar): https://FI.co/e/342635

The experts that have been critical in bringing the Founder Institute to Ulaanbaatar include local startup leaders Azbayar AltangerelGema Gerelsaikhan, and Mergen Chuluun.

Opportunities are flourishing in Mongolia. There's now a great ecosystem for entrepreneurs - from crowdfunding platforms to co-working spaces. The Founder Institute can increase an aspiring technology entrepreneur's chance of success by providing the necessary skills and mindset - and a link to the Silicon Valley!

In addition, many of the region's top founders, CEOs, advisors, and investors have signed on to mentor new entrepreneurs in the Mongolia Virtual 2021 Founder Institute program, including:

  • Adeo Ressi: CEO, Decile Group / VC Lab
  • Agnuush Bilegsaikhan: Founder/CEO, TOIROГ, RETOIROГ, ШКАF
  • Altanbagana Shiituu: Founder & CEO, Terra Express
  • Ariunbileg Deleg: CMO, MCS Ventures
  • Ariunsanaa Batsaikhan: Co-founder & COO, Femtech Solution
  • Azbayar Altangerel: General Partner, Exponential Zaisan Partners (XZP)
  • Baasandorj Tsagaandorj: Founder, TSOBA
  • Batbuyan Sodnomjamts: Partner, MDS & KhanLex
  • Bat Ireedui Jargalsaikhan: CEO, Gund Investment
  • Battulga Norolkhoojav: Chairman, IT Zone
  • Bayarsaikhan Volodya: Founder, TomYo EdTech
  • Benjamin Stacey: CEO, Pitchverk
  • Bilguun (Bibby) Turboli: CEO & Founder, Stora
  • Bilguun (Bill) Dashdorj: CEO, POKKET
  • Bolor Erdene (Obuna) Battsengel: Chairwoman, Communication and Information Technology Authority
  • Byambajargal (Bimjaa) Ayushjav: Founder & CEO, Faro Education
  • Chinguun Munkhbold: Legal Manager, Ernst & Young Mongolia
  • Chinzorig Ganbold: CEO, Central Express CVS
  • Dashnyam Jargalsaikhan: Co-Founder & CEO, BZP Design & Development
  • Davaasuren Alagsai: Director, Mobicom Corporation
  • Delgernaran (Denar) Bayar: Venture Partner, Exponential Zaisan Partners
  • Enkhbayasgalan Tungalag: CEO, Mongolian Marketing Association & Viral Agency
  • Erdenebaatar Purevjav: Founder & CEO, Zeel.mn
  • Gankhuyag (Gangar) Adilbish: Founder & Chairman, Premium Group
  • Gantulga Nadmid: CIO, SendMN
  • Gantulga Battulga: Co-Founder & COO, Malo App
  • Gantulga Bulgan: CEO, Ulaanbaatar Stock Exchange
  • Ganzorig Ulziibayar: Founder & Chairman, Mandal Financial Group
  • Jargalsaikhan Dugar: Chairman, Gund Investment
  • Khaliunbat Myagmarjav: Founder & Chairman, Mongol iD
  • Mand Batdorj: Co-Founder/CEO, Femtech Solution
  • Mendbayar Tseveen: Co-founder & Managing Director, Shoppy
  • Mend-Orshikh Amartaivan: Co-founder & CEO, Erxes
  • Mendtuvshin Enkhtaivan: Registered Foreign Lawyer, Davis Polk
  • Munkhjargal Otgon: CEO, Golomt Capital
  • Munkhkhishig Banzragch: Co-Founder/CEO, Next Social Platform
  • Munkhnasan Narmandakh: Chairwoman, Monpolymet Group
  • Myagmarjav Ganbyamba: CEO, MCS Investment
  • Namdagsuren Gombosuren: Co-Founder, Malo App
  • Naranbat Nasanbat: Founder & CEO, Mongolian Aircraft Industries
  • Odmaa Otgonbileg: Deputy CEO, Petrovis
  • Oko Davaasuren: Senior Director, Techstars
  • Otgonbat Sedbazar: Chairman of the Board, Ottegen Holdings
  • Otgonbayar Namsraidorj: CEO, UB Cab
  • Shinebayar Buyantsogt: CEO, Malo App
  • Shinezaya Batbold: Chairwoman, Petrovis
  • Steve Potter: Managing Director, StarChase Automotive
  • Sukhdorj Avir: Founder & Chairman, GrapeCity Mongolia & MOST Fintech
  • Tengis Sukhee: Consultant, Information Technology, Cyber Security
  • Tenuun Otgonbayar: CEO, Oyuny Undraa Group
  • Tselmuun Nyamtaishir: President/CEO, MAK
  • Tsengel Chimeddorj: CEO, Irbis Ventures
  • Tsevegmid Narmandakh: Vice Director, Rhinos Investment Securities
  • Tulga Gandavaa: Co-Founder & Chairman, CallPro
  • Tumurkhuyag Enkhnasan: Head of UX/UI Design , Mezorn
  • Zolboo Batbileg: CFO, Ard Financial Group

  • And many more to be announced.

The Founder Institute is designed for founders and teams all throughout the pre-seed stage, including aspiring founders with a full-time job, solo founders, teams, and founders of established companies that are pre-funding. The organization's mission is to "Globalize Silicon Valley" and build sustainable startup ecosystems that will create one million new jobs worldwide.

Join us in Mongolia and help build the future. 

Apply to the Mongolia Virtual 2021 Founder Institute today, or learn more at FI.co/overview.  

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