Applications Invited for SPC Founder Fellowship Spring 2025

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About the Organization

SPC is a home for the most talented technologists, builders, and domain-experts figuring out what's next—a community designed to turn the chaos of possibility into the clarity of conviction.

About the Fellowship

SPC’s Founder Fellowship helps entrepreneurs start a venture-scale company by targeting support at the “-1 to 0” idea stage. We give founders their first outside investment, help them ideate and iterate to a viable product, find early customers, and assist in raising funding from the best VCs in the world.

We take a boutique approach with our founders. Our cohort sizes are small, with one investor for every two companies. We do not have a required demo day or fixed timelines. We offer $400,000 to generate and pursue an idea in exchange for 7% equity via a SAFE. We also guarantee $600,000 in your next outside-led venture round.

You become a Founder Fellow as soon as you are accepted into the program, with immediate access to SPC community spaces, partners, and programming. The Fellowship itself has no defined end-date, but does have two distinct phases: 1) bootcamp, and 2) residency. During the bootcamp, teams work closely in-person in San Francisco or New York City to build, demo, and share feedback alongside each other. After the initial bootcamp, teams enter residency, which lasts as long as you need to reach conviction and get ready to raise your next round.

• Terms: $400k upfront for 7% on a standard SAFE, plus an additional $600k guaranteed in your next external funding round.
• Credits: We offer over $900k in credits and perks from companies including Baseten, OpenAI, Anthropic, Azure, GCP, AWS, Render, RunwayML, Figma, and many more.

Eligibility

• If you apply as a solo founder, we have a strong bias for applicants who have the skills to build and prototype. If you are accepted as a solo founder, you may benefit from a co-founder, and we can help in the search process — previous fellows have found co-founders in the SPC community.
• If you already have an idea or product, you are also welcome to apply.

How to Apply

Apply here by February 2nd, 2025.

For more information please check the Link

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Tags Entrepreneurship Innovations and Technology Others