Frequently asked
Questions
ABOUT THE FOUNDERY
THE COHORT
THE 90-DAY RESIDENCY
CAPITAL & OWNERSHIP
AFTER THE RESIDENCY
FUTURE COHORTS
About The Foundery
What is The Foundery?
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What is a venture builder?
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Who is behind it?
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How is it different from a start-up school or accelerator?
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Who can apply?
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Do I need a business idea to apply?
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If I do not bring an idea, how will I be assigned an idea? Will I get to choose?
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The Cohort
How many co-founders were selected for Cohort 1?
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What is the Founder-in-Making (FIM) pathway?
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What happens to applicants who were not selected after the Bootcamp?
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What are the co-founders building?
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Who mentors or works with the cohort?
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The 90-Day Residency
What happens during the 90-day residency?
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Do co-founders need to stay in Alibaug?
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Can co-founders travel home or have family visit during the 90 days?
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What is the environment at The Foundery Sanctum like?
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What support does The Foundery provide?
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Capital & Ownership
How much equity do co-founders receive?
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How much capital does each business receive?
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After The Residency
Where are the businesses being built after the residency?
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What happens if the business struggles or fails later?
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Future Cohorts
When will applications open for the next cohort?
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Can I re-apply if I was not selected?
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Can I join the ecosystem without being selected?
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