The Founder Institute is currently calling for applications from South African entrepreneurs for it’s accelerator program. It currently is exploring opportunities in Johannesburg and Cape Town. The Founder Institute is a start up accelerator attempting to globalise Silicon Valley. According to the Founder Institute they have launched 750 startups in four years, making them the world’s largest idea stage incubator.
The opportunity that is presented to applicants includes:
- Training programme;
- Mentoring; and
- Possibility to access funding.
There is a small registration fee to submit an application of $ 50-00 (Around R 500-00) and additional fee of $ 700-00 (Around R 7000-00) to enroll in the course. The details of the funding arrangements and teaching are interesting, and require entrepreneurs to apply their minds across the full programme.