There are several benefits to the Founder Institute's Equity Collective model.
- Lifetime Support
The Equity Collective attaches a financial incentive for everyone you interact with at Founder Institute to support your growth for the long term: including your Local Leaders, Mentors, and FI HQ staff. When you're successful, everyone that helps you receives financial upside.
Support Your Community
To encourage local startup community growth, the majority of financial returns to the Equity Collective (60%) go back to your Local Leaders and Mentors. To date, over $8.5M in Equity Collective contributions have been distributed by FI HQ.
Other accelerator programs charge up to $40,000 and take up to 10% equity to attend. Our Entrance Fees are kept reasonable because our costs are offset by Equity Collective returns. Alumni also access all post-program benefits and Founder Lab for life with no additional fees or equity requirements.
The Equity Collective is enforced via a Warrant, which is a stock options-like agreement, and is activated only if you raise a threshold amount of outside capital. We don't sit on your board or have any voting powers.