Silicon Valley opens its (virtual) doors for summer program in Frankfurt
The Silicon Valley start-up accelerator The Founder Institute is now (again) accepting applications for its summer 2020 program in Frankfurt.
The English-language program has enjoyed huge success since it opened its doors last year, having graduated 8 new companies as part of its first batch of Frankfurt startups. The program is now looking for its next group of founders.
Carolina Yeo, Director of the Frankfurt chapter, says applications are already open for the Summer 2020 semester, starting in August. “We’re looking for people who are passionate about building a technology company”, she says.
“We don’t care how old you are, how much experience you have, or if you’re working a day-job. If you have the potential to lead a startup, we want to help you achieve that.”
Carolina Yeo (Founder Institute Local Director)
Carolina graduated from the program herself in 2014. “The Founder Institute was instrumental in helping me launch my company. The support and direction I received was fantastic. I met some great people and I continue to use that network today.”
Eugenio Grapa, another FI local director announces that “The first applications already arrived, some of them even confirmed, and there is the goal to achieve similar numbers as in 2019, when nearly 200 founders applied to the Frankfurt program”. From those 200 applicants, 8 finished the graduated, as incorporated companies operate in industries including finance, social networking, logistics, training, and personal services. Check out our article for more insights: https://hallofrankfurt.de/discover-the-eight-graduates-from-founder-institute-frankfurt-898ea61a9bdd
Britta Mues-Walter, informs that “Due to the current pandemic, the 2020 program will run online and, if possible, in-person. Participants wishing to participate virtually will be fully supported”. “Online sessions provide unique benefits and we’re excited about including some great new mentors from outside the Frankfurt area. We can also accept founders who otherwise couldn’t make the trip to Frankfurt every week”, Quentin Appleby re-inforces the idea and benefits.
The program is again structured around 14 sessions, each featuring highly qualified mentors who provide instruction and feedback in their area of expertise. “Our founders and mentors rate each other at every step of the program. It’s a tough process and ensures founders focus on building successful companies. We only invite back mentors who provide the most value to our founders. For 2020, we have a very strong lineup of experts.”
“This is a challenging time for entrepreneurs launching a new startup, but there’s a huge demand for new ideas and improved solutions. That’s an opportunity for startups. I’m excited to see what Frankfurt can produce and look forward to meeting our next cohort of founders.”
Pedro Ferreira (Founder Institute Local Director)
The Founder Institute is the world’s largest pre-seed startup accelerator, with chapters across 185+ cities and Alumni that have built companies exceeding $20B in estimated value. Founder Institute helps founders get to traction and funding with a support network of startup experts that are invested in their success and through a structured business-building process. Since 2009, The Founder Institute has helped over 4,000 startups raise over $950M in funding, get into seed-accelerators, generate traction, recruit a team, build a product, transition from employee to entrepreneur, and more.
To learn more about the program, visit the Founder Institute website http://fi.co or contact one of the Frankfurt Chapter Directors on LinkedIn (Quentin Appleby, Pedro Ferreira, Eugenio Grapa, Britta Mues-Walter, and Carolina Yeo).
By the way, do you remember when the first cohort was launched? We got you covered: https://hallofrankfurt.de/founder-institute-starts-their-first-semester-in-frankfurt-fc7dddc6d8b9
