Silicon Valley-based founder institute launches pre-seed startup accelerator across the Midlands

Coventry

The Founder Institute, which says it is the world’s largest pre-seed accelerator, is officially launching its newest chapter for the Midlands.

Based in Silicon Valley and with chapters across 200 cities, the Founder Institute provides high-potential entrepreneurs and teams with the support network and structured growth process needed to grow. Any aspiring entrepreneur or team interested in building a technology company across the Midlands is invited to apply to The Birmingham & the Midlands Virtual 2021 Founder Institute,

To try and avoid spreading the virus, this Founder Institute cohort will be held online. The Birmingham & the Midlands Virtual 2021 Founder Institute will also host a series of free online startup events, where attendees can learn how to build a company and learn more about the programme.

Leading the efforts to launch the Founder Institute across the Midlands are serial entrepreneur Assume Ishaque, gender diversity & inclusion specialist Sally Dhillon, entrepreneur & Business Founder.Drew Currie and e-commerce Growth Strategist Steve Hooper.

The company was founded in 2009 by serial entrepreneur Adeo Ressi and his colleague, Jonathan Greechan. The idea for the program spawned from operating TheFunded.com, where it became apparent that most entrepreneurs at the idea and launch stages lacked the structure, feedback, and support network needed to be successful.

The first Founder Institute program methodology was crowdsourced by more than 10,000 CEO members of TheFunded.com, and the inaugural program started in May 2009 in a small classroom at Stanford University. There were originally no plans to expand beyond Silicon Valley, but upon receiving immense interest to launch the program in other cities, the Founder Institute began to expand. Today the program operates across 200 + cities and delivered in nine languages.

In total, Founder Institute Alumni have raised over $975M and are worth an estimated $30B.