Gen F Entrepreneur In Residence 2024 Call for Applications: Up to $250k Funding
Are you an aspiring business owner or creator in need of a support partner to help you spark your early idea or concept? Do you have a creative concept that is just waiting for the final push to take it from zero to one?
Launching a new venture is challenging. Certain abilities are needed, and most founders are unable to assume the financial risk.
How can Gen F assist with construction? To test and implement your idea, we provide you with a budget for experiments and access to professionals. Once it’s launched, you’ll be eligible to pitch for up to $250k in further investment.
Who qualifies for the Gen F Initiative?
Aspiring founders with a relevant background in building a VC-backable startup. These could be:
- Former startup founders who understand what it takes to build startup ideas
- Domain experts who have a unique insight into the problem they are trying to solve
- Corporate professionals looking to move into entrepreneurship due to a gap in the market that they have identified
- Senior operators who have worked in an African startup previously
- Founders with a well-researched concept solving a deep African problem in a large market
- Founders who are able to commit full-time to refine and validate their concept for 10-12 weeks, and then move full-time into their startup
- Ideas with high potential for commercial returns, with embedded impact
- Founders who are at the earliest stages of building their startup idea (pre-revenue)
During GenF, we provide:
- A competitive once-off budget to run market validation experiments
- Working closely with our venture builders to refine your concept and help you prep for IC
- If the Investment Committee approves: Free access to our studio services to launch your startup and up to $250 000 in funding available
Note: We don’t take payment from founders (in the form of a program fee or otherwise) to participate in GenF.
If this sounds like you, apply here. Applications are accepted on a rolling basis.
Deadline: June 1, 2024
Click HERE to Apply
