The Founder Institute’s 2011 Goal: Create 175 Female Tech Founders – You Can Be One of Them
16% of the Founder Institute’s 250+ graduated technology companies are founded by females. This beats the average, but quite frankly the average sucks, and we know we can do better. – Adeo Ressi, Founder, The Founder Institute
Adeo Ressi knows what’s up. And through his technology pre-seed incubator, The Founder Institute, he’s trying to help balance the Male-Female tech startup founder ratio. Adeo has quite an ambitious and daring goal for 2011 – to graduate 175 female tech founders from The Founder Institute. Through their newly-launched Female Founder Fellowship Program, The Founder Institute will “provide extraordinary female applicants the opportunity to launch their dream company … free of charge.” They will be subsidizing the course fee ($ ) for the most extraordinary female applicant in each of their 10 Spring Semesters. Cities include San Francisco, NYC, Paris, Berlin but check here to see the other cities.
While it’s true that the number of female tech startup founders is abysmally low, and we can talk endless hours about the reasons for this, Adeo is confident that it’s not because females can’t be founders.
In fact, of all applicants to the Founder Institute, the acceptance rate amongst women is equal to that of the men, while the graduation rate amongst women is almost 20% greater than that of the men (data compiled from all completed Founder Institute semesters worldwide, totaling over 1500 total applicants and over 250 total graduates). – Adeo Ressi
So ladies, go ahead and get yours. Apply now. Help The Founder Institute reach its 2011 goal by launching your own tech startup this year. Good luck!