Founders in our virtual programs are joining interactive feedback sessions with mentors over Zoom, collaborating with their cohort via Slack, leveraging our newly released Virtual Office Hours Tools to speak privately with mentors, using our existing backend course tools to build their business, and getting access to new virtual networking and learning opportunities.
However, we also understand that health restrictions are easing and many applicants are eager to resume in-person events.
As a result, we offer four different types of Core Programs, and each cohort's format is clearly marked on all application pages.
Fully Virtual programs are held 100% online, with the opportunity for in-person events and networking in the future. Since these programs are held completely online, you can participate from anywhere.
Hybrid programs contain required sessions that are both online and in-person. As a result, it is recommended that you live in the city or region where the program takes place.
Virtual First programs contain both online and in-person events, but all required sessions will be online. Since there are no required in-person sessions, local Founders can get access to extra sessions and in-person networking events, while non-local Founders can still participate from anywhere
In-Person Programs are 100% in-person, with proper local safety precautions in place. There will be virtual opportunties for office hours and other meetings in these programs, but all required sessions are held in-person.
Below is a collection of answers to the most common questions.
The Founder Institute has been running Fully Virtual and Virtual First programs since 2016, including all of our Post-Programs. Virtual is nothing new for us, and feedback from these programs have been overwhelmingly positive.
If anything, the virtual component gives our Founders even more opportunities for collaboration, relationship building, and feedback when building their startup, such as;
We reserve the majority of spots in every program for local participants. While the sessions may be virtual, building a local network remains a large benefit of the program.
Therefore, if you apply to a program other than the program in your local area we reserve the right to transfer your application to the program located closer to you. We will always reach out via email to discuss this with you.
Yes. In addition to meeting your Mentors and fellow Founders on the weekly virtual sessions (which will take place on Zoom), you will get dedicated Slack channels and Zoom Rooms to effectively leverage working groups, access to one-on-one Office Hours, and more.
Virtual programs have also opened the opportunity for more networking across cities and countries, so we now host regular global networking sessions as well.
That is a personal decision, and we are happy to defer your acceptance to a future cohort. However, please keep in mind that we cannot guarantee when the next cohort will take place, or if that cohort will be in-person or virtual again.
Keep in mind that all FI Graduates can attend any future in-person program session in any city around the world (including any future in-person program in your city).
In our opinion, COVID-19 has fundamentally changed how the world does business. We have entered a 'new normal', where remote networking, management, and collaboration will play a significantly larger role than before the pandemic.
Even if you don't think a virtual FI program is right for you, we strongly recommend you adapt to doing business and collaborating remotely (you likely will have no choice).
We understand you may have questions, so we have many options for you to get them answered. You can check our general program FAQ, or get in touch with us in any of the following ways:
The Founder Institute is the world’s most proven network to turn ideas into fundable startups, and startups into global businesses. Since 2009, our structured accelerator programs have helped over 6,500 entrepreneurs raise over $1.75BN in funding. Based in Silicon Valley and with chapters across 95 countries, our mission is to empower communities of talented and motivated people to build impactful technology companies worldwide.