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1.Do I need to relocate for this program?
No, This program is flexible so that founders can attend the program while running their venture from anywhere in India or even outside India. However, Demo days are also held virtually as per scheduled date.
2.How does the selection process work?
We have a fairly structured three stage selection process.
a. Review application. Please provide as much details as possible for us to understand your background and idea.
b. Next, we have a short telephone call with the founding team.
c. We make the conditional offer to the startup, they need to complete the registration formalities and sign up for the program.
3.Do I get opportunities to raise funding?
Guild of Founder program is meant for founders to go from idea to first round within matter of weeks.
Seed Track: Our past cohort has pitched successfully for funding up to INR 2.5 Cr (USD 500k).
Series Track: Founders pitch to investors to raise up to INR 50 CR (USD 7MN ). Each cohort works with a dedicated set of mentors, experts and deal anchors.
4. Where do I find the schedule and details?
Once you're accepted into the program, your access to the Guild of Founders platform will be activated. It will have detailed schedule, deals, insights, lesson, office hours details, Digital tools , investor directory and much more.
5. How do I prepare?
Guild of Founders is a collaborative platform where we learn from each other. The cumulative wisdom of our participants and our coaches provides unparalleled insights. As a fellow participants, It will be worthwhile to make notes on your good and not so good experiences in from your startup journey that can help your fellow participants of your experiences general or otherwise, also do some research and gather background information will give you a better understanding of the problem your trying to solve.
6. How much is the program fees?
There is no fees for the program. Founders selected for the program would be invited to final demo day based on successfully completing the playbook and activities assigned to them. There is one time registration.
7.What will I have to do to complete the program?
Over the course of the 5 weeks, founders are expected to do 5 things:
a. Complete the founder playbooks
b. Weekly Lecture content as they are posted
c. Attend SOAR Sessions which are with your group members
d. Submit weekly updates to track your progress
e. Complete the pitch review session with Pitch coach. This step is mandatory to get invite for final demo camp and investor meetings
8.How much time do I need to dedicate for Guild of Founders program?
Weekly 3-4 hours in addition to work on your startup. For Demo Day founders are expected to spend few hours.
9. I have already raised my first round of funding. Should I apply?
Yes, There are two tracks.
Seed Track: This is suitable for founders who want to go from idea to first cheque.
Pre Series/ Series A: For founders who have already raised the first round and need help to move to subsequent stage and scale,
10. What happens post 5 weeks?
Many of the investor you meet on demo day may ask you follow-up meetings or ask for more information about your venture before making an investment. As a Guild of Founder members, You can leverage the network to prepare. Founders can continue to share and learn. One of the best things about Guild of Founders is collaboration, provided you are in it for the right reasons: to build communities and create startups. Connect with email@example.com to learn how to get involved.