Are you ready to launch your own venture capital firm? The Founder Institute is working to launch 1,000 new venture capital firms over the next five years to support innovative companies worldwide that are working to make an impact.
VC Lab is a FREE virtual program that helps new managers to launch accelerators, pre-seed, seed or Series A venture capital firms globally.
The goal is to help you complete your first closing in one year or less by providing a supportive community, tactical advice and resources through approximately 25 hours per week of structured work.
Speaking on this development, Adeo Ressi, CEO at the Founder Institute and VC Lab said:
“We believe that the venture capital industry needs more diversity and more innovation.
We believe in a bright future fueled by venture capitalists with strong values. So, we created the VC Lab program with the Mensarius Oath to help innovative fund managers launch impactful venture capital firms in 12 months or less.”
Benefits of the program
The Founder Institute has worked with leading fund experts to create a program that has a number of benefits for new managers
Getting to reach your first closing within 9 months by following a structured process with key resources at your fingertips.
Build strong relationships with cohort members and win competitive deals while accelerating your fundraising process.
Tap into the global Founder Institute network of experts that include general partners, limited partners and back office professionals.
Share your experiences with the VCLab mentors as well as with other new managers at the same stage to procure up-to-date solutions to non-obvious challenges.
Start warehousing attractive investments to make the fund compelling to limited partners with the help of Founder Institute’s global network.
Save invaluable time by accessing best-of-breed templates for everything from your pitch deck to legal agreements.
The Founder Institute has been building effective training programs for a decade with a track record of success.
VC Lab has partnered with vetted service providers and organizations to offer you various discounts and promotions to help you grow your fund.
Who is the Ideal Candidate?
You worked at a venture capital fund and have managed money for limited partners, and now you are planning to launch your own fund.
You are a leading founder in your ecosystem, have a grasp on a breadth of industries and founders regularly seek you out for advice.
Accomplished Angel Investor
You have invested in several leading startups and have developed a portfolio which has generated a positive return.
You are an accomplished executive that has held high profile roles for various notable organizations and founders regularly seek you out for advice.
Local Leader that has demonstrated the ability to recruit, graduate, and maintain relations with FI companies.
Local Leader that runs one or more chapters, that knows a lot of wealthy people and potentially has really good connections with governments.
How to apply
Do you fit into any of the above categories? You can go ahead to apply here. The deadline for application is Sunday, July 18, 2021.
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