Founder Institute – Create a Company and You Graduate

[ 0 ] July 28, 2012 |

If you haven’t heard for the Founder Institute, it’s a global training program where tech entrepreneurs are required to build a company in four months.  60% of students fail this program but the other 40% have yielded more than 500 companies.

“For tuition of less than $1,000, students attend classes with one goal in mind: to create a fully operational company. To be accepted, students don’t need to have a fully baked idea, but they must take a test that the institute says can predict their entrepreneurial success. The workload is grueling, and 60 percent of the students fail to graduate.”

As reported in the NYTimes, the article covers the founder Adeo Ressi who saw the need for providing a vocational school of sorts for entrepreneurs.  As if herding cats isn’t hard enough?

Get the full article.

 

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Category: Incubators, Venture Capital

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