This informs the public about the Gen F Entrepreneur in Residence Program 2023. Details about the Program are given below.
About Gen F Entrepreneur in Residence Program 2023
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.
Program Details
We 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 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 catalyse change.
- Entrepreneurs who have a keen eye for local market gaps and a sharp sense for local problems that they are passionate about solving.
Eligibility
Aspiring founders with the relevant background in building a VC-backable startup. These 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)
Gen F Entrepreneur in Residence Program 2023 Application
For those interested in Gen F Entrepreneur in Residence Program 2023. Open this link to start the application process.
Application Deadline
- The deadline for receipt of applications is Rolling base.
Open this link for more details about Gen F Entrepreneur in Residence Program 2023.
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