Help us to build the future. Learn more here.

Program Overview

Our society is experiencing the single largest global disruption since World War 2, which ended 75 years ago. Entire industries are being upended and consumer needs are changing on an almost daily basis.

Now is the time to build our future, but only the entrepreneurs that can adapt and move quickly will be successful. 

As the world's largest pre-seed startup accelerator, the Founder Institute is here to help. 

(Watch a full presentation on our methodology)

 

Join the Founder Institute Washington DC Virtual 2020 Program

Early DeadlineFinal DeadlineCalendarCourse Fee
2020-07-19 2020-09-06 2020-09-15 - 2021-01-19 $999 USD

(not in Washington DC? See the full list of enrolling programs here)

Local COVID-19 Update: In an effort to #StopTheSpread and ensure everyone’s health and safety, this program is planned to be held online. Learn more on our Virtual Program FAQ page.

Who We Help

 

We believe Great Companies Start with Great People, and the greatest variable in the success or failure of any company is its leadership.

As a result, we focus on Founders versus ideas in our admissions process, and identify founders of the highest potential through a collection of aptitude and personality tests that have been in development with leading social scientists since 2008. To date, over 35,000 people have applied to our program, and our entrepreneur research has been featured in The New York Times, CNN, and Forbes.

The Founder Institute appears to have developed an assessment that any population, any city, university, or country could use to determine who among them has the best shot at succeeding as an entrepreneur” – Aaron Patzer, Founder of Mint.com, FI Mentor
Learn more about our Entrepreneur Assessment

 

Is the Founder Institute Right for my Business?

Our program 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.

Stages of starting a technology company

 

Learn more about our Admissions Process

 

How we Help

Our proven methodology has helped thousands of entrepreneurs build businesses that matter.

 

We Establish a Critical Support Network

You don't have to do it alone.

To help our founders get the support and feedback they need, the Founder Institute creates an Equity Collective where all participants in a program cohort (including Alumni) receive financial upside in the companies formed. This Equity Collective aligns the incentives of all program participants and Mentors, and establishes a critical support network for startups to leverage while building their businesses.

 

How Does the Equity Collective Work?

Each Founder Institute Alum contributes 4% of their company equity in Warrants to a fifteen-year Bonus Pool, and when a liquidity event occurs the Pool’s financial returns are then distributed equally across the cohort:

 

The Founder Institute’s unique Equity Collective creates a level of teamwork not seen in other startup programs, and helps entrepreneurs build a business alongside top startup mentors and a support network that is invested in their success.

After graduation, I now have relationships with top entrepreneurs, venture capitalists, angels, and bankers and lawyers from the top firms in Montreal, and further, even Silicon Valley." - Graham Mann, Co-Founder of Lean Systems, Montreal FI Alum
Learn more about the Equity Collective

 

Who are the Mentors?

The Founder Institute has over 14,000 mentors across six continents, including some of the world’s most renowned entrepreneurs and investors.

Participants in the Founder Institute build their business alongside 20-40 startup Mentors that have built, led, or invested in high-growth technology businesses, and the average Mentor:Founder ratio in each program is over 2:1. Our Mentors join the weekly sessions, share their experiences, host office hours, and provide critical feedback, evaluation, and guidance throughout the business-building process.

Unlike most programs, Founder Institute Mentors are compensated through the Equity Collective, so they are typically much more supportive than Mentors in other programs. In fact, our Mentors either become formal advisors or investors in Alumni in every cohort.

The Mentors are aahhh-MAZ-ing. Seasoned CEOs and Investors that have been there, done that, and exited (in many cases, multiple times over). They’re available, helpful, generous, and willing to work with you." - Al Bsharah, Co-Founder of Email Copilot (acquired 2016), San Diego FI Alum
See the list of Mentors for the Washington DC Virtual 2020 program

We Provide a Proven, Structured Process

When the market is in flux, established companies move slowly to regroup and plot out their future. This creates an incredible opportunity for entrepreneurs, but only if they are decisive and move quickly. Following a focused process to test, collect feedback, and iterate swiftly is critical.  

The Founder Institute has developed a structured, 4 month Core Program that has been proven to help pre-seed entrepreneurs get to traction, funding, or whatever the next steps are for their business. It was created using Silicon Valley best practices and input from hundreds of successful technology entrepreneurs from across the globe, and has been improved every year since 2009 based on the real-world performance of our Alumni worldwide.

Each week in the program, participating Founders join a 3+ hour "Feedback Session" to pitch the Mentors and receive training, evaluation, and feedback. After each session, our Founders then build their businesses for the rest of the week through a series of practical and challenging Business-Building Sprints, Office Hours, and group meetings.

Founder Institute Curriculum Topics

 

See the Schedule for the Washington DC Virtual 2020 program.

 

What Happens During Each Feedback Session?

Founder Institute sessions take place once per week at night, and consist of progress reporting, training, feedback, evaluation, and discussion with at least 2-4 program mentors.

Founder Institute Session Format

 

These weekly sessions ensure that our Founders receive constant evaluations of their pitch, progress, and strategy throughout the business-building process.

In addition, the FI program is geared towards providing honest feedback to our Founders, because this essential to building a business. 

See a Sample Founder Institute Session

 

What are the Sprints Like?

We don’t provide theoretical “homework”, because entrepreneurship can only be learned by doing. Our Sprints include challenging, real-world tasks critical to building a business, like interviewing customers, filling a mailing list, generating revenue, and forming an advisory board. Each week's deliverables are based on the topic of that week’s session, and are designed to take approximately 20-30 hours.

To help Founders efficiently complete the deliverables throughout each week, we also provide many helpful guides, templates, and videos, in addition to Office Hours and Group Meetings. Founders in the program also get customized Sprints to push their particular business forward based on their recent progress, challenges, or feedback from Mentors.

It's like getting a industry-specific MBA custom tailored to your business. They don't bother with theory, only real substance, challenging assignments, and hard facts behind actual steps to success." - Branden Spikes, Former CIO of SpaceX, Founder of Spikes (acquired 2016), Silicon Valley FI Alum
See a Sample Founder Institute Sprint

 

We Push You to Do the Impossible

The Founder Institute is hard, because building an enduring business is much, much harder.

In fact, less than 30% of accepted Founders generally make it through the Core Program, and this is by design. To complete the program, a Founder or Team must complete all the Sprints and meet a minimum rating threshold from their program Mentors, Local Leaders, and Peers. This ensures that all Founder Institute Alumni have made extraordinary progress in the program, and is building a business that has been validated by experienced entrepreneurs and investors.

“The Founder Institute is the most raw, 'street' program out there for startups.” - Jason Calacanis, Host of This Week in Startups, Author of Angel, FI Mentor

 

What Happens if I Can’t Complete the Core Program?

Anyone who decides to leave the program before the third session is entitled to a full refund, and anyone who leaves the program thereafter is invited to join the next program for free, when they are ready and more prepared to build a business.

However, it should be noted that dropping out from the program is by no means a failure. If the Founder Institute can save someone years of time (and possibly their life savings) on pursuing a bad startup idea, then we consider this a successful outcome (and many of our dropouts do, too).

 

What Will I Accomplish?

Since Founders and Teams come into the Founder Institute at different points in the pre-seed stage, the bar for completing the program varies per individual. At the very least, each Alum completes the program with the following:

  1. Well-Formed Corporation
  2. Local Network of Experienced Entrepreneurs and Investors
  3. Formal Advisory Board of Top Mentors
  4. Significant Product Progress
  5. Significant Number of Leads and Customers
  6. Progress on Team Growth
  7. Investment-Worthy Pitch Deck
  8. Clear & Actionable Next Steps for Growth

Many founders are also able to secure funding and significant revenue by the end of the program.

I entered FI with a vague idea. After 3.5 months, I had a concise idea that was validated with potential investors, an incorporated company, a board of advisors, complete product roadmap, go-to-market plan, and a solid pitch deck." - Errette Dunn, Founder & CEO of Rever, Silicon Valley Alum
See Reviews from Founder Institute Graduates

We Provide a Lifetime of Support

The Core 4-Month Program is just the beginning.

For the last several years we have developed new support programs to help our companies long after the core program ends. The result of this work spawned our Post-Program Support, which far exceeds any comparable program.

Post Program Support

See our Post-Program support

Access to a Global Network

If the virus has taught us anything, it is that we live in a global society. The masses are now starting to understand that our global health, finances, job market, and day to day life are collectively intertwined. Entrepreneurs that don’t view their business without borders are going to be left behind.

We are #FIworldwide, because great companies can be built anywhere.

Post Program Support

See our Global Network

What are the Costs?

The Founder Institute is designed to keep costs low for Founders.

First, there is a $25 USD Application Fee to cover the costs of administering the Predictive Admissions Assessment, but anyone who attends a Founder Institute online event can apply for free.

Second, Founders accepted to the Washington DC Virtual 2020 program are asked to pay a $999 USD course fee to cover the costs of running the program ($699 USD before 2020-07-19). This Course Fee is fully refundable before the start of the third program session, so that founders can make an informed decision if the Founder Institute is right for them. In addition, if a Founder drops out from the program after the third session, they are invited to put their course fee towards the next cohort in their city.

If you're lucky enough to get accepted and graduate from the program, these costs are negligible. In fact, I would go as far as saying that this is the best money you'll ever spend on your business" - Gary Herman, Founder of Story Home, Silicon Valley Alum

 

Alumni Performance

The Founder Institute’s scale and number of successful Alumni is truly unprecedented.

Our companies include some of the world's fastest growing startups, having raised over $950M, creating an estimated portfolio value of $20B. In addition, over 40 Founder Institute Alumni have been acquired.

See the Founder Institute's Alumni

 

Join the Founder Institute Washington DC Virtual 2020 Program

Early DeadlineFinal DeadlineCalendarCourse Fee
2020-07-19 2020-09-06 2020-09-15 - 2021-01-19 $999 USD

(not in Washington DC? See the full list of enrolling programs here)

Local COVID-19 Update: In an effort to #StopTheSpread and ensure everyone’s health and safety, this program is planned to be held online. Learn more on our Virtual Program FAQ page.

Learn More

If you have questions, we host several Online Startup Events and weekly Online Information Sessions and Q&A Conference Calls. Many Founders also find answers to their questions in our exhaustive FAQ page, or by contacting our Support Team.