Join the Gen F Entrepreneur In Residence studio
Turning startup concepts into reality in 12 weeks through our Venture Design Studio and funding to validate your idea
Gen F is powered by Founders Factory Africa, Founders Factory Africa
powers Gen F one of the continent’s largest and most active, hands-on investors.
Bootstrapping a new idea is hard. It requires certain skills and most founders can’t take the financial risk.
How can Gen F help you build?
They give you a monthly stipend, experimentation budget, and access to experts to test and launch your idea.
You’ll then qualify to pitch for up to $250k in further funding to launch it.
The Gen F deal
- A 12-week sprint with our Venture Design Studio
- $ 5 000 test and learn budget to validate your idea
- Upon internal approval, up to $250 000 investment
- Targeted support from FFA’s expert team
Who is Gen F for?
- Exceptional founders/aspiring entrepreneurs looking to build out and test their ideas, achieve commercial success, and create outsized, systemic impact.
- Outstanding professionals and domain experts looking to make the transition from the corporate environment to entrepreneurship.
- Founders looking to build tech solutions that solve Africa’s largest problems and catalyze change.
- Entrepreneurs who have a keen eye for local market gaps and a sharp sense of local problems that they are passionate about solving.
Eligibility
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)
Benefits
During GenF, Founders Factory Africa provides:
- $3 000 stipend for founder for 3 months
- $5 000 once-off to run market validation experiments
- Working closely with the venture builders to refine your concept and help you prep for IC
If Investment Committee approved:
- Free access to their studio services to launch your startup
- Up to $250 000 in funding is available
Deadline: Applications are on a rolling basis
Click HERE To Apply
