Founders Factory Africa Gen F Entrepreneur In Residence Program (Up to $250k) 2023

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 ideaGen 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.

About Founders Factory Africa (FFA)

Launched in 2018 and headquartered in Johannesburg, South Africa, we’re a unique bunch of creative builders, designers, entrepreneurs and mentors, who bring a wealth of knowledge and years of experience to the founders and teams we work with. Founders Factory has a heart for Africa. We are proud to be a part of its complex and flourishing fabric, and we are humbled by its history of individual and collective progress. Locally grounded and globally connected, we’re becoming the go-to innovation partner for startups, investors, governments, and corporates — throughout Africa... read more

FFA Gen F Entrepreneur In Residence Program

Aim and Benefits of FFA Gen F Entrepreneur In Residence Program

• 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.

Requirements for FFA Gen F Entrepreneur In Residence Program Qualification

• 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.

Application Deadline

How to Apply

We have intentionally made this process as simple as possible so it’s not onerous on the founder. Our application process is broken down in the following stages:

• Application form - to vet the market opportunity and get to know the founder a little bit. If you have not heard from us in 1 week from applying, please consider your application unsuccessful
• Exploratory Chat - a 30 min session to meet the founder and assess founder/market fit. Outcome will be communicated in 2 weeks from initial chat.
• Panel Interview - a 1 hour  session with different members at FFA to probe a little bit more into your concept. Outcome will be communicated in 1 week after the panel interview.

Note: Applications are on a rolling basis and hence they are always open. Please apply anytime.

For more details,visit FFA website