While most startup accelerators aim to further the growth of young ventures, Silicon Valley's Founder Institute nurtures raw ideas from working professionals eager to try their hand at launching a tech startup. In fact, the program almost exclusively recruits candidates who have regular full time jobs, as the Founder Institute is a part-time program.
The Lisbon Founder Institute will be led by local leader Carlos DaSilva, an experienced start-up mentor and trainer.
Our goal at the Founder Institute is to challenge business ideas through market and customer validation, if it survives, it is an idea worth taking forward. We grind the idea, polish it and make it into a diamond." - Carlos DaSilva
The applicants in the program are chosen through a psychometric personality test which helps evaluate the personality of applicants to ensure they have the aptitude for entrepreneurship. In average, one third of the applicants taking the test make it to the second round. From those, about half are selected to enroll in the program and only few of those end up graduating from the program.
The Founder Institute program is tough - and for good reason. It’s designed to simulate many of the challenges of startup life.The level of difficulty also vets serious entrepreneurs from the wantrepreneurs, leaving those left standing fully prepared to brave the storm ahead. To date, the Founder Institute has helped launch over 1.500 companies worldwide across 55 cities in five continents.
I've been fortunate to engage with the Founder Institute Cascais at past events over the last two years, and always walk away impressed with the passion and caliber of talent that the program brings together." - Marco Fernandes (Former CEO at Portugal Ventures)
The Founder Institute Cascais has attracted over 40 successful entrepreneurs to mentor our Founders, including Luis Coelho (VP a YEXT), Miguel Monteiro (CEO at FixeAds running OLX.pt), Pedro Janela (Angel Investor and CEO at WY), Paulo Andrez (Angel Investor and President Emeritus of EBAN), and Alexandre Barbosa (Faber Ventures).
The success of the Founder Institute Cascais can already be felt as one of its Graduates are making waves in the global startup scene. Clinkly (former ClinkPic), a Graduate from the Founder Institute Cascais 2014, has been shining locally and internationally. They have already raised 400.000 Euros in seed capital and secured over 300 business customers worldwide.
Clinkly was founded at the Founder Institute Cascais at DNA Cascais. I was able to launch my own company, and meet my present co-founders. I recommend the program to anyone who is serious about becoming an entrepreneur.” - Guilherme Lopes (CEO at Clickly)
The Lisbon Founder Institute will also have the benefit of additional support provided by DNA Cascais, who will lead the program in Portugal for the third time in a row.
We are proud to support a state-of-art program such as the Founder Institute here in Cascais, indicative of our commitment to innovation, entrepreneurship and connection with Silicon Valley best practices.” Luis Matos Martins (CEO at DNA Cascais)
DNA Cascais: DNA Cascais aims to contribute, using every adequate mean, for the promotion, incentive and development of entrepreneurship in general, especially focused on promoting social and young entrepreneurship in Cascais.