"Apply Now: Gen F entrepreneur in residence program 2023 with up to $250k in funding"

Application deadline: On Rolling basis

Are you an aspiring entrepreneur with a brilliant idea yearning to take flight? Gen F Entrepreneur in Residence Program 2023 is your launchpad to turn your startup concepts into reality. Partnering with Founders Factory Africa, this program provides a unique opportunity to receive funding, mentorship, and hands-on support to bring your innovative ideas to life.

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Benefits of the Gen F Entrepreneur in Residence Program: Embark on a transformative journey with the Gen F program, gaining access to an array of benefits tailored to accelerate your startup's growth:

• $3,000 Stipend: As a participating founder, you'll receive a stipend for a duration of 3 months, enabling you to dedicate your time and energy to nurturing your startup idea.
• $5,000 Market Validation Fund: Secure a once-off funding to conduct market validation experiments, giving you the edge to fine-tune your concept.
• Venture Builder Collaboration: Work closely with experienced venture builders who will guide you through refining your startup concept and preparing for crucial milestones.
• Investment Committee Opportunity: If your concept gains approval from the Investment Committee, you'll unlock a world of opportunities, including free access to Gen F's studio services and potential funding of up to $250,000 to fuel your startup's growth.

Eligibility Criteria: To harness the full potential of the Gen F Entrepreneur in Residence Program, applicants should meet the following criteria:

• Varied Backgrounds: Individuals from diverse backgrounds are welcome to apply, including:
  • Former startup founders
  • Domain experts with unique problem-solving insights
  • Corporate professionals seeking entrepreneurial ventures
  • African startup alumni
  • Founders addressing significant African challenges
• Full-Time Commitment: Applicants should commit full-time for 10-12 weeks to refine and validate their startup concept, with plans to transition fully into their startup afterward.
• Pre-Revenue Stage: The program caters to founders in the early stages of building their startup idea, even if they haven't generated revenue yet.
• High-Impact Ideas: The Gen F program favors concepts with the potential for impactful commercial returns, addressing real-world problems.

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Application Process: Embarking on your entrepreneurial journey through the Gen F program involves a structured application process:

1. Application Form: Begin by completing the application form to highlight your market opportunity and introduce yourself. Feedback on your application will be provided within one week.
2. Exploratory Chat: If your initial application aligns with program goals, you'll engage in a 30-minute exploratory chat to assess the fit between your concept and the program. Outcome notification will be sent within two weeks.
3. Panel Interview: Shortlisted candidates proceed to a one-hour panel interview with FFA members to delve deeper into your concept. Notification of the outcome will be shared one week after the panel interview.

The Gen F Entrepreneur in Residence Program 2023 is your gateway to realizing your startup aspirations. Unleash your innovation, leverage mentorship, secure funding, and propel your idea from 0 to 1. Let's co-create a future of success and impact together!

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