Founder Institute (FI) is an early stage incubator that has established its presence in 45 countries. They run their incubator programs in multiple cities in the 45 countries. They also claim that around 80% success of its startup graduates. Unlike many other incubators, FI takes a fee from applying graduates, profiles them and upon selection for the program, the founder needs to further pay some fees to attend the 4-month program. The founders are required to contribute warrants of a certain percentage to the ‘Shared Liquidity Pool’, 30% of which is shared with the graduates of the particular program. Some of the FinTech startups from this program are Peerby, RealtyMogul, and Zipmark.
Type of engagement:
PayPal, Cushman&Wakefield, Wrike, Lander, Cliud Elements, Pipedrive, Amazon, IBM, Microsoft BizSpark, Ahrefs, ADP, Buzzsumo, Lander, Mailchimp, Mattermark
Incentive for startups